Brokerages expect Toll Brothers Inc (NYSE:TOL) to post sales of $2.08 billion for the current quarter, according to Zacks. Six analysts have issued estimates for Toll Brothers’ earnings, with the highest sales estimate coming in at $2.14 billion and the lowest estimate coming in at $2.04 billion. Toll Brothers reported sales of $1.86 billion in the same quarter last year, which would suggest a positive year-over-year growth rate of 11.8%. The firm is scheduled to announce its next quarterly earnings report before the market opens on Tuesday, December 5th.

On average, analysts expect that Toll Brothers will report full-year sales of $2.08 billion for the current year, with estimates ranging from $5.83 billion to $5.92 billion. For the next year, analysts expect that the firm will report sales of $6.81 billion per share, with estimates ranging from $6.52 billion to $7.38 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Toll Brothers.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, December 5th. The construction company reported $1.17 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.02). The business had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.09 billion. Toll Brothers had a return on equity of 10.44% and a net margin of 8.12%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.67 earnings per share.

TOL has been the topic of several recent analyst reports. Royal Bank Of Canada reissued a “buy” rating and issued a $45.00 target price on shares of Toll Brothers in a report on Monday, September 25th. Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a report on Tuesday, October 10th. UBS initiated coverage on Toll Brothers in a report on Wednesday, October 25th. They issued a “buy” rating and a $50.00 target price on the stock. MKM Partners boosted their target price on Toll Brothers to $54.00 and gave the stock a “buy” rating in a report on Wednesday, November 29th. Finally, ValuEngine downgraded Toll Brothers from a “strong-buy” rating to a “buy” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $44.71.

Toll Brothers (NYSE TOL) opened at $46.93 on Wednesday. The company has a market capitalization of $8,124.77, a P/E ratio of 18.47, a PEG ratio of 1.06 and a beta of 1.57. The company has a quick ratio of 1.10, a current ratio of 6.75 and a debt-to-equity ratio of 0.84. Toll Brothers has a 1-year low of $30.44 and a 1-year high of $51.08.

In other Toll Brothers news, Director Carl B. Marbach sold 12,900 shares of the company’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $39.97, for a total transaction of $515,613.00. Following the completion of the sale, the director now owns 114,149 shares in the company, valued at approximately $4,562,535.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Richard T. Hartman sold 8,537 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $46.00, for a total transaction of $392,702.00. Following the sale, the president now owns 27,233 shares of the company’s stock, valued at approximately $1,252,718. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 64,687 shares of company stock worth $2,840,390. Company insiders own 8.78% of the company’s stock.

Institutional investors have recently modified their holdings of the business. NewSquare Capital LLC bought a new stake in shares of Toll Brothers during the 2nd quarter valued at $101,000. Advisors Asset Management Inc. raised its position in shares of Toll Brothers by 61.6% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,667 shares of the construction company’s stock valued at $105,000 after acquiring an additional 1,017 shares during the last quarter. IFP Advisors Inc raised its position in shares of Toll Brothers by 369.1% during the 2nd quarter. IFP Advisors Inc now owns 2,735 shares of the construction company’s stock valued at $108,000 after acquiring an additional 2,152 shares during the last quarter. Aviance Capital Management LLC bought a new stake in shares of Toll Brothers during the 2nd quarter valued at $151,000. Finally, Toronto Dominion Bank raised its position in shares of Toll Brothers by 5.2% during the 2nd quarter. Toronto Dominion Bank now owns 3,896 shares of the construction company’s stock valued at $154,000 after acquiring an additional 192 shares during the last quarter. Institutional investors own 82.52% of the company’s stock.

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Toll Brothers Company Profile

Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.

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Earnings History and Estimates for Toll Brothers (NYSE:TOL)

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