We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Toll Brothers (TOL) Stock Sinks As Market Gains: What You Should Know
Read MoreHide Full Article
The latest trading session saw Toll Brothers (TOL - Free Report) ending at $162.34, denoting a -0.96% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.05%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.4%.
The home builder's shares have seen an increase of 10.9% over the last month, surpassing the Construction sector's gain of 7.86% and the S&P 500's gain of 5.75%.
Analysts and investors alike will be keeping a close eye on the performance of Toll Brothers in its upcoming earnings disclosure. The company's earnings report is set to go public on December 9, 2024. The company is predicted to post an EPS of $4.31, indicating a 4.87% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.16 billion, up 4.59% from the year-ago period.
It's also important for investors to be aware of any recent modifications to analyst estimates for Toll Brothers. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.35% lower. Toll Brothers is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Toll Brothers is at present trading with a Forward P/E ratio of 11.26. This signifies a premium in comparison to the average Forward P/E of 10.03 for its industry.
Meanwhile, TOL's PEG ratio is currently 1.23. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 0.76 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 126, putting it in the top 50% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Toll Brothers (TOL) Stock Sinks As Market Gains: What You Should Know
The latest trading session saw Toll Brothers (TOL - Free Report) ending at $162.34, denoting a -0.96% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.05%. On the other hand, the Dow registered a loss of 0.17%, and the technology-centric Nasdaq increased by 0.4%.
The home builder's shares have seen an increase of 10.9% over the last month, surpassing the Construction sector's gain of 7.86% and the S&P 500's gain of 5.75%.
Analysts and investors alike will be keeping a close eye on the performance of Toll Brothers in its upcoming earnings disclosure. The company's earnings report is set to go public on December 9, 2024. The company is predicted to post an EPS of $4.31, indicating a 4.87% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.16 billion, up 4.59% from the year-ago period.
It's also important for investors to be aware of any recent modifications to analyst estimates for Toll Brothers. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.35% lower. Toll Brothers is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Toll Brothers is at present trading with a Forward P/E ratio of 11.26. This signifies a premium in comparison to the average Forward P/E of 10.03 for its industry.
Meanwhile, TOL's PEG ratio is currently 1.23. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Building Products - Home Builders stocks are, on average, holding a PEG ratio of 0.76 based on yesterday's closing prices.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 126, putting it in the top 50% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.