Toll Brothers (NYSE:TOL)‘s stock had its “neutral” rating reissued by stock analysts at Wedbush in a research note issued to investors on Wednesday. They currently have a $40.00 price objective on the construction company’s stock, down from their prior price objective of $45.00. Wedbush’s price target would suggest a potential downside of 14.77% from the stock’s current price.

A number of other equities research analysts have also recently commented on TOL. Zacks Investment Research upgraded Toll Brothers from a “hold” rating to a “buy” rating and set a $44.00 target price on the stock in a report on Tuesday, August 8th. Keefe, Bruyette & Woods restated a “hold” rating and set a $40.00 price objective on shares of Toll Brothers in a report on Thursday, August 24th. KeyCorp restated a “hold” rating on shares of Toll Brothers in a report on Friday, August 25th. BidaskClub cut Toll Brothers from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Finally, J P Morgan Chase & Co cut Toll Brothers from an “overweight” rating to a “neutral” rating and raised their price objective for the stock from $41.00 to $45.00 in a report on Thursday, September 14th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $45.73.

Toll Brothers (NYSE:TOL) traded down $3.73 on Wednesday, hitting $46.93. The company had a trading volume of 8,290,100 shares, compared to its average volume of 1,983,268. The firm has a market cap of $8,286.71, a PE ratio of 18.83, a P/E/G ratio of 1.09 and a beta of 1.57. The company has a current ratio of 6.75, a quick ratio of 1.10 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.

Toll Brothers (NYSE:TOL) last announced its earnings results on Tuesday, December 5th. The construction company reported $1.17 EPS for the quarter, missing analysts’ consensus estimates of $1.19 by ($0.02). The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.09 billion. Toll Brothers had a net margin of 8.12% and a return on equity of 10.44%. Toll Brothers’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.67 EPS. equities analysts expect that Toll Brothers will post 3.2 earnings per share for the current fiscal year.

In other news, Director Carl B. Marbach sold 12,900 shares of Toll Brothers stock in a transaction dated Wednesday, September 13th. The stock was sold at an average price of $39.97, for a total transaction of $515,613.00. Following the sale, the director now directly owns 114,149 shares of the company’s stock, valued at $4,562,535.53. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, President Richard T. Hartman sold 8,537 shares of Toll Brothers stock in a transaction dated Tuesday, October 31st. The stock was sold at an average price of $46.00, for a total value of $392,702.00. Following the completion of the transaction, the president now owns 27,233 shares of the company’s stock, valued at $1,252,718. The disclosure for this sale can be found here. Insiders sold 64,687 shares of company stock worth $2,840,390 over the last three months. 8.78% of the stock is currently owned by corporate insiders.

A number of large investors have recently bought and sold shares of the stock. NewSquare Capital LLC acquired a new position in Toll Brothers in the second quarter valued at approximately $101,000. Advisors Asset Management Inc. boosted its stake in Toll Brothers by 61.6% in the second 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 period. IFP Advisors Inc boosted its stake in Toll Brothers by 369.1% in the second 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 period. Aviance Capital Management LLC acquired a new position in Toll Brothers in the second quarter valued at approximately $151,000. Finally, Toronto Dominion Bank boosted its stake in Toll Brothers by 5.2% in the second 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 period. Institutional investors and hedge funds 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.

Analyst Recommendations for Toll Brothers (NYSE:TOL)

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