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.

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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.

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