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 Moves -2.99%: What You Should Know
Read MoreHide Full Article
Toll Brothers (TOL - Free Report) ended the recent trading session at $134.60, demonstrating a -2.99% change from the preceding day's closing price. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, added 0.55%.
Prior to today's trading, shares of the home builder had gained 0.44% lagged the Construction sector's gain of 0.86% and the S&P 500's gain of 3.83%.
The investment community will be closely monitoring the performance of Toll Brothers in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $4.91, reflecting a 6.05% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.32 billion, down 0.28% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.82 per share and a revenue of $10.85 billion, signifying shifts of -7.93% and +0.06%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Toll Brothers. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Toll Brothers possesses a Zacks Rank of #4 (Sell).
In the context of valuation, Toll Brothers is at present trading with a Forward P/E ratio of 10.04. This represents a discount compared to its industry average Forward P/E of 11.91.
Investors should also note that TOL has a PEG ratio of 1.65 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Home Builders industry held an average PEG ratio of 3.2.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 198, putting it in the bottom 20% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Toll Brothers (TOL) Stock Moves -2.99%: What You Should Know
Toll Brothers (TOL - Free Report) ended the recent trading session at $134.60, demonstrating a -2.99% change from the preceding day's closing price. Meanwhile, the Dow lost 0.16%, and the Nasdaq, a tech-heavy index, added 0.55%.
Prior to today's trading, shares of the home builder had gained 0.44% lagged the Construction sector's gain of 0.86% and the S&P 500's gain of 3.83%.
The investment community will be closely monitoring the performance of Toll Brothers in its forthcoming earnings report. The company's earnings per share (EPS) are projected to be $4.91, reflecting a 6.05% increase from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $3.32 billion, down 0.28% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $13.82 per share and a revenue of $10.85 billion, signifying shifts of -7.93% and +0.06%, respectively, from the last year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Toll Brothers. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Toll Brothers possesses a Zacks Rank of #4 (Sell).
In the context of valuation, Toll Brothers is at present trading with a Forward P/E ratio of 10.04. This represents a discount compared to its industry average Forward P/E of 11.91.
Investors should also note that TOL has a PEG ratio of 1.65 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Home Builders industry held an average PEG ratio of 3.2.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 198, putting it in the bottom 20% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.