Many Wall Street Analysts have commented on Toll Brothers Inc. The stock has recorded a 20-day Moving Average of 2.12% and the 50-Day Moving Average is 3.76%.
Advertisement
Toll Brothers, Inc., is a property development company.
Stock futures moved higher on Tuesday, looking to reverse some of the losses of a day earlier, following positive earnings from the likes of Best Buy (BBY) and Toll Brothers (TOL). (NYSE:BBY) shares moved to $32.80 after starting the day at $32.63 on Monday. The company posted revenue of $1269.90 million in the period, compared to analysts expectations of $1246.00 million. 9 analysts have rated the company as a strong “Hold”. Total 1.28 million shares changed on hands and it kept the average volume of 2.96 million shares. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.9% in the last 1 week, and is up 1.77% in the past 4 weeks. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.05.
The stock increased 0.52% or $0.15 on August 19, hitting $28.78. The company’s revenue for the quarter was up 30.8% on a year-over-year basis. The company has an Average Rating of 2.06 based on Thomson Reuters I/B/E/S scale of 1-5.
A number of brokerages have weighed in on TOL. Company has a market cap of $4,773 M. Credit Suisse Group AG reiterated a “buy” rating on shares of Toll Brothers in a research note on Thursday, May 26th. Deutsche Bank AG restated a “buy” rating and issued a $41.00 price objective on shares of Toll Brothers in a research note on Wednesday, May 25th.
Ingersoll-Rand Plc’s (IR) made a return of -0.75%% in one month through last close, displaying a 4.58% return during the past three months. The rating by the firm was issued on July 18, 2016. The stock tapped a 52-week high of US$39.25 while the 12-month Consensus Price Target is US$36.38. The price-earnings ratio (P/E Ratio) is the ratio for valuing a company that measures its current share price relative to its per-share earnings.
In a different news, on May 26, 2016, Carl B Marbach (director) sold 3,000 shares at $29.12 per share price. The ratio increased, as 47 funds sold all Toll Brothers Inc shares owned while 113 reduced positions. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The Company operates in two segments: traditional home building and urban infill. The company has focused on building more-customized and higher-end homes than competitors.
Advertisement
Toll Brothers, Inc designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities.
