Toll Brothers (NYSE:TOL - Get Free Report) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating in a report issued on Saturday.
A number of other brokerages have also issued reports on TOL. Royal Bank of Canada reduced their price target on Toll Brothers from $142.00 to $139.00 and set an "outperform" rating for the company in a research report on Thursday, February 20th. Oppenheimer reduced their price target on shares of Toll Brothers from $189.00 to $165.00 and set an "outperform" rating for the company in a research note on Thursday, February 20th. Bank of America dropped their target price on Toll Brothers from $156.00 to $140.00 and set a "buy" rating on the stock in a report on Thursday, February 20th. The Goldman Sachs Group decreased their price target on Toll Brothers from $143.00 to $125.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. Finally, Seaport Res Ptn raised Toll Brothers from a "strong sell" rating to a "hold" rating in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Toll Brothers has an average rating of "Moderate Buy" and an average price target of $146.93.
Get Our Latest Stock Report on TOL
Toll Brothers Stock Performance
Shares of NYSE TOL traded up $5.08 during mid-day trading on Friday, hitting $95.58. The company had a trading volume of 6,395,512 shares, compared to its average volume of 1,523,760. The stock has a market cap of $9.55 billion, a price-to-earnings ratio of 6.58, a PEG ratio of 1.02 and a beta of 1.48. The firm's 50 day simple moving average is $111.23 and its two-hundred day simple moving average is $133.03. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.65 and a quick ratio of 0.80. Toll Brothers has a 12 month low of $86.66 and a 12 month high of $169.52.
Toll Brothers (NYSE:TOL - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The construction company reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.99 by ($0.24). Toll Brothers had a return on equity of 18.32% and a net margin of 14.03%. The firm had revenue of $1.86 billion during the quarter, compared to analyst estimates of $1.91 billion. As a group, equities research analysts forecast that Toll Brothers will post 13.83 earnings per share for the current year.
Insiders Place Their Bets
In other news, Director Christine Garvey sold 420 shares of the firm's stock in a transaction on Monday, February 24th. The stock was sold at an average price of $110.58, for a total value of $46,443.60. Following the completion of the sale, the director now owns 13,186 shares of the company's stock, valued at $1,458,107.88. This trade represents a 3.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 1.54% of the company's stock.
Institutional Investors Weigh In On Toll Brothers
Institutional investors have recently bought and sold shares of the business. ORG Partners LLC purchased a new stake in shares of Toll Brothers in the fourth quarter worth approximately $25,000. Lee Danner & Bass Inc. purchased a new stake in Toll Brothers in the 4th quarter worth approximately $27,000. Promus Capital LLC purchased a new stake in Toll Brothers in the 4th quarter worth approximately $29,000. IAG Wealth Partners LLC boosted its stake in shares of Toll Brothers by 1,034.8% during the 4th quarter. IAG Wealth Partners LLC now owns 261 shares of the construction company's stock valued at $33,000 after buying an additional 238 shares during the period. Finally, DiNuzzo Private Wealth Inc. grew its holdings in shares of Toll Brothers by 806.5% during the 4th quarter. DiNuzzo Private Wealth Inc. now owns 281 shares of the construction company's stock valued at $35,000 after acquiring an additional 250 shares in the last quarter. 91.76% of the stock is currently owned by institutional investors and hedge funds.
About Toll Brothers
(
Get Free Report)
Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It designs, builds, markets, and sells condominiums through Toll Brothers City Living. The company also develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; and develops, operates, and rents apartments.
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