Toll Brothers Inc. (NYSE:TOL) Receives Average Recommendation of “Moderate Buy” from Analysts

Toll Brothers Inc. (NYSE:TOL) has received an average recommendation of “Moderate Buy” from the eighteen brokerages that are covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $154.40.

TOL has been the subject of several recent analyst reports. Citigroup started coverage on Toll Brothers in a research report on Wednesday, January 7th. They issued an “outperform” rating for the company. Wells Fargo & Company raised their price objective on Toll Brothers from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 14th. Barclays upped their target price on Toll Brothers from $92.00 to $110.00 and gave the company an “underweight” rating in a report on Wednesday, December 10th. UBS Group decreased their price target on shares of Toll Brothers from $183.00 to $181.00 and set a “buy” rating for the company in a report on Wednesday, December 10th. Finally, Citizens Jmp assumed coverage on shares of Toll Brothers in a research note on Wednesday, January 7th. They issued a “market outperform” rating and a $175.00 price objective on the stock.

Insider Transactions at Toll Brothers

In related news, Director Paul E. Shapiro sold 3,965 shares of Toll Brothers stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $146.68, for a total transaction of $581,586.20. Following the completion of the sale, the director owned 118,680 shares of the company’s stock, valued at approximately $17,407,982.40. This trade represents a 3.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 1.37% of the company’s stock.

Institutional Investors Weigh In On Toll Brothers

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Wiser Advisor Group LLC bought a new stake in shares of Toll Brothers in the 3rd quarter valued at approximately $27,000. Abich Financial Wealth Management LLC acquired a new stake in Toll Brothers in the third quarter valued at approximately $28,000. Ramirez Asset Management Inc. bought a new stake in Toll Brothers in the third quarter worth approximately $28,000. Measured Wealth Private Client Group LLC bought a new stake in Toll Brothers in the third quarter worth approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Toll Brothers during the 4th quarter worth $34,000. 91.76% of the stock is owned by hedge funds and other institutional investors.

Toll Brothers Stock Performance

Toll Brothers stock opened at $153.21 on Monday. Toll Brothers has a fifty-two week low of $86.67 and a fifty-two week high of $155.52. The firm’s 50 day simple moving average is $141.75 and its 200-day simple moving average is $136.96. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.38 and a quick ratio of 0.64. The company has a market cap of $14.52 billion, a P/E ratio of 11.30, a price-to-earnings-growth ratio of 1.20 and a beta of 1.47.

Toll Brothers (NYSE:TOL) last posted its quarterly earnings data on Monday, December 8th. The construction company reported $4.58 EPS for the quarter, missing analysts’ consensus estimates of $4.88 by ($0.30). Toll Brothers had a return on equity of 16.74% and a net margin of 12.28%.The firm had revenue of $3.42 billion during the quarter, compared to analyst estimates of $3.32 billion. During the same period in the prior year, the business posted $4.63 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. As a group, equities research analysts predict that Toll Brothers will post 13.83 EPS for the current year.

Toll Brothers Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 23rd. Stockholders of record on Friday, January 9th were paid a $0.25 dividend. The ex-dividend date of this dividend was Friday, January 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.7%. Toll Brothers’s dividend payout ratio is 7.37%.

About Toll Brothers

Toll Brothers, Inc is a publicly traded homebuilding company that focuses on designing and constructing luxury residential properties. The company’s core business encompasses a broad range of housing products, including custom single-family homes, upscale condominium communities and rental apartment ventures. Toll Brothers emphasizes high-end finishes and architectural craftsmanship, positioning itself in the premium segment of the U.S. housing market.

In addition to traditional homebuilding, Toll Brothers operates specialized divisions to address evolving consumer preferences.