While Toll Brothers Inc. has underperformed by -1.13%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TOL rose by 88.83%, with highs and lows ranging from $130.63 to $61.17, whereas the simple moving average jumped by 26.00% in the last 200 days.
On January 22, 2024, Seaport Research Partners Downgraded Toll Brothers Inc. (NYSE: TOL) to Neutral. A report published by Wolfe Research on January 08, 2024, Upgraded its rating to ‘Outperform’ for TOL. Seaport Research Partners also Upgraded TOL shares as ‘Buy’, setting a target price of $93 on the company’s shares in a report dated November 02, 2023. Wells Fargo Initiated an Overweight rating on October 17, 2023, and assigned a price target of $80. Raymond James July 14, 2023d its ‘Outperform’ rating to ‘Strong Buy’ for TOL, as published in its report on July 14, 2023. Deutsche Bank’s report from June 01, 2023 suggests a price prediction of $94 for TOL shares, giving the stock a ‘Buy’ rating. RBC Capital Mkts also rated the stock as ‘Outperform’.
Analysis of Toll Brothers Inc. (TOL)
With TOL’s current dividend of $0.86 per share, investors can expect to earn a return regardless of performance. Further, the quarter-over-quarter increase in sales is 9.42%, showing a positive trend in the upcoming months.
Toll Brothers Inc.’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 21.48% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.30, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and TOL has an average volume of 1.35M. On a monthly basis, the volatility of the stock is set at 2.84%, whereas on a weekly basis, it is put at 3.57%, with a gain of 3.71% over the past seven days. Furthermore, long-term investors anticipate a median target price of $129.97, showing growth from the present price of $117.36, which can serve as yet another indication of whether TOL is worth investing in or should be passed over.
How Do You Analyze Toll Brothers Inc. Shares?
Residential Construction giant Toll Brothers Inc. (TOL) is based in the USA and is one of the largest companies in the market. When comparing Toll Brothers Inc. shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 9.06, there is a growth in quarterly earnings of 32.22%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 1.13%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 92.53% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TOL shares are owned by institutional investors to the tune of 92.53% at present.
