Share on StockTwits

Toll Brothers (NYSE:TOL)‘s stock had its “neutral” rating reaffirmed by equities researchers at Credit Suisse in a research report issued on Friday. They currently have a $38.00 price objective on the stock, down from their previous price objective of $39.00. Credit Suisse’s price objective would indicate a potential upside of 12.73% from the stock’s previous close.

A number of other firms have also recently commented on TOL. Analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Toll Brothers in a research note on Thursday. They now have a $34.00 price target on the stock, down previously from $34.50. Separately, analysts at Barclays cut their price target on shares of Toll Brothers from $45.00 to $41.00 in a research note on Thursday. They now have an “equal weight” rating on the stock. Finally, analysts at Barclays raised their price target on shares of Toll Brothers from $41.00 to $45.00 in a research note on Monday, June 30th. They now have an “equal weight” rating on the stock. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Toll Brothers currently has a consensus rating of “Hold” and an average price target of $39.11.

Shares of Toll Brothers (NYSE:TOL) traded up 0.50% on Friday, hitting $33.88. 324,299 shares of the company’s stock traded hands. Toll Brothers has a 1-year low of $29.64 and a 1-year high of $39.95. The stock has a 50-day moving average of $34.31 and a 200-day moving average of $35.65. The company has a market cap of $6.038 billion and a P/E ratio of 20.28.

Toll Brothers (NYSE:TOL) last released its earnings data on Wednesday, September 3rd. The company reported $0.53 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.45 by $0.08. The company had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $986.87 million. During the same quarter last year, the company posted $0.26 earnings per share. Toll Brothers’s revenue was up 53.4% compared to the same quarter last year. Analysts expect that Toll Brothers will post $1.81 EPS for the current fiscal year.

Toll Brothers, Inc designs, builds, markets and arranges financing for detached and attached homes in luxury residential communities.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.