The Silver Lining in the Toll Brothers Stock Pullback

The Silver Lining in the Toll Brothers Stock Pullback

Toll Brothers Inc. (TOL) stock price rose 72.78 percent over the past one year, while increased 34.23 percent during the past 6 months. The share price has already crossed its 20 days moving average, floating at a distance of 8.85% and sits 4.74% higher versus its 50 days moving average. Sumitomo Mitsui Trust Holdings Inc. owned about 0.33% of Toll Brothers worth $22,072,000 as of its most recent filing with the Securities and Exchange Commission. BlackRock Fund Advisors is the second biggest holder with 10 million shares now valued at 445.24 million whilst Fidelity Management and Research Company has 8 million shares valued at 328.02 million.

Toll Brothers, which has been building homes for half a century, forecast full-year revenue of between $6.24 billion and $7.48 billion, compared with $5.81 billion this year. River Wealth Advisors LLC lifted its stake in shares of Toll Brothers by 11.4% in the 3rd quarter. Toll Brothers shares rose 1.34 percent to $51.34 in after-hours trading. Bank of New York Mellon Corp now owns 3,128,341 shares of the construction company's stock worth $129,732,000 after acquiring an additional 1,124,409 shares during the period. It increased, as 63 investors sold PG shares while 714 reduced holdings. Pure Financial Advsrs invested in 0.06% or 8,843 shares.

NYSE:TOL Historical Debt Dec 5th 17 While ideally the debt-to equity ratio of a financially healthy company should be less than 40%, several factors such as industry life-cycle and economic conditions can result in a company raising a significant amount of debt. Toll Brothers has $54.0 highest and $29 lowest target. The stock has a market capitalization of $8,124.77, a price-to-earnings ratio of 18.47, a P/E/G ratio of 1.06 and a beta of 1.57. Toll Brothers, Inc. (NYSE:TOL) has risen 41.46% since December 5, 2016 and is uptrending.

More news: N'Zonzi future in doubt
More news: The Fitbit Ionic's first major update adds new apps and watchfaces
More news: Highly Traded Stock: Philip Morris International, Inc. (NYSE:PM)

They expect $1.19 EPS, up 43.7% or $0.52 from last year's $0.67 per share. Based on a 1 to 5 integer scale, analysts have a 2.30 recommendation on the name. Toll Brothers had a net margin of 8.12% and a return on equity of 10.44%.

US luxury homebuilder Toll Brothers said on Tuesday it had not seen a potential change in buyers' behavior on the back of a looming USA tax reform and that it is encouraged by the potential cut in corporate tax rates.

21 analysts on average are expecting Toll Brothers Inc.to report earnings of $1.19 per share for the current quarter. (NYSE:TOL). Zurcher Kantonalbank (Zurich Cantonalbank), a Switzerland-based fund reported 26,628 shares. UBS began coverage on shares of Toll Brothers in a research report on Wednesday, October 25th. They set a "buy" rating and a $50.00 target price for the company. Six analysts surveyed by Zacks expected $2.08 billion. Specifically, all seven covering brokerage firms have "strong buy" recommendations, and the average 12-month price target is $44.38. The shares were sold at an average price of $46.00, for a total transaction of $392,702.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Carl B. Marbach sold 12,900 shares of the company's stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $39.97, for a total transaction of $515,613.00. JPMorgan Chase & Co. now owns 7,198,069 shares of the construction company's stock worth $294,978,000 after purchasing an additional 4,132,120 shares during the period.

Related Articles

  • Preliminary report holds hospital guilty

    Preliminary report holds hospital guilty

    The baby's body was handed over without written instructions and the twins - one dead and one alive - were not kept separately. Later, the family observed some movement in the polythene bag while they were on their way to perform the last rites.
    The ASUS NovaGo is the world's first gigabit LTE Windows 10 laptop

    The ASUS NovaGo is the world's first gigabit LTE Windows 10 laptop

    This new Always Connected PC is ultrathin, beautifully designed, running Windows 10 and a new, optimized version of Office 365. It has both eSIM and nanoSIM, up to 256 GB storage and 8 GB of RAM and of course powered by the Snapdragon 835 processor.
    Heupel Named Head Coach At UCF

    Heupel Named Head Coach At UCF

    Shannon took over as the Gators' interim coach right before Florida played Missouri this year after Jim McElwain was sacked . Under Heupel's tutelage, Tigers quarterback Drew Lock leads the nation with 43 touchdown passes, an SEC record.
  • Sergio Ramos: 'I have a great friendship with Cristiano Ronaldo'

    Sergio Ramos: 'I have a great friendship with Cristiano Ronaldo'

    Just last season he had a phenomenal campaign. "We will see when he trains with us - he has not done that yet", the coach said . Despite progressing in the Champions League and Copa del Rey, some of their performances have been criticised.
    Pence Thought About Replacing Trump After 'Access Hollywood' Tape

    Pence Thought About Replacing Trump After 'Access Hollywood' Tape

    Republican donors reportedly considered paying Trump to abandon the race . Priebus also told CNN that the story is "100 percent false".
    US singer Melanie Martinez accused of sexual assault

    US singer Melanie Martinez accused of sexual assault

    Melanie made it through the audition stages, becoming a member of Team Adam, mentored by Adam Levine . In 2015, Martinez's debut studio album, Cry Baby , debuted at No. 6 on the Billboard 200.
  • Spotify reveals Ed Sheeran as the most streamed artist of 2017

    Spotify reveals Ed Sheeran as the most streamed artist of 2017

    Calling it the "year of Ed Sheeran " really explains a lot about 2017. "Congratulations to Ed on an fantastic achievement". The 26-year-old singer topped the year-end list with 6.3 billion streams - taking the title from the 2016 victor Drake.
    Bronx police fatally shoot man holding 'large knife,' NYPD says

    Bronx police fatally shoot man holding 'large knife,' NYPD says

    Monahan did not identify the suspects and the police officers involved in the shooting will be interviewed about the shooting. "The uniformed officers ordered the subject to drop the weapon and he refused to comply", Chief Monahan said.

    NVIDIA Corporation (NASDAQ:NVDA) Position Reduced by AGF Investments Inc

    Several analysts have released their opinion on NVIDIA Corporation (NASDAQ: NVDA ), with 10 analysts believing it is a strong buy. Cadence Fincl Bank Na holds 0.44% of its portfolio in NVIDIA Corporation (NASDAQ: NVDA ) for 6,647 shares.
  • Trump Lawyers Try to Snuff Summer Zervos Defamation Lawsuit

    Trump Lawyers Try to Snuff Summer Zervos Defamation Lawsuit

    He also argued that Trump's statements are protected by the First Amendment because they were delivered in a political context. In September, Allred filed an opposition brief after Trump's attorneys' filed a motion to dismiss the case.
    Pizza Hut testing beer and wine delivery

    Pizza Hut testing beer and wine delivery

    The company still hasn't decided which wines to deliver, or whether it should offer full bottles or single servings. Pizza Hut's delivery drivers will be at least 21 years old and trained in local alcohol laws.
    Patriots get their first touchdown, go up 16-3

    Patriots get their first touchdown, go up 16-3

    Then we drive again and we missed that pass from Joe (Webb) on that trick play. "We feel good", Lewis said. The team's nickel corner said he was scheduled for an MRI Sunday evening.