Toll Brothers (NYSE:TOL) will issue its quarterly earnings data before the market opens on Tuesday, December 5th. Analysts expect the company to announce earnings of $1.21 per share for the quarter.
Toll Brothers (NYSE TOL) opened at $49.67 on Friday. The firm has a market capitalization of $8,232.73, a price-to-earnings ratio of 18.71, a PEG ratio of 1.08 and a beta of 1.56. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.10 and a current ratio of 6.75. Toll Brothers has a twelve month low of $29.17 and a twelve month high of $50.95.
In related news, Director Carl B. Marbach sold 12,900 shares of the firm’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $39.97, for a total value of $515,613.00. Following the transaction, the director now directly owns 114,149 shares of the company’s stock, valued at approximately $4,562,535.53. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, President Richard T. Hartman sold 20,000 shares of the firm’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $47.00, for a total value of $940,000.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 64,687 shares of company stock worth $2,840,390. 8.78% of the stock is owned by insiders.
TOL has been the topic of several research analyst reports. J P Morgan Chase & Co cut Toll Brothers from an “overweight” rating to a “neutral” rating and increased their price target for the company from $41.00 to $45.00 in a report on Thursday, September 14th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $47.00 price target on shares of Toll Brothers in a report on Friday, October 20th. Royal Bank Of Canada reissued a “buy” rating and set a $45.00 price target on shares of Toll Brothers in a report on Wednesday, November 15th. BidaskClub cut Toll Brothers from a “hold” rating to a “sell” rating in a report on Friday, August 25th. Finally, Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $48.00 price target on the stock in a report on Tuesday, October 10th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the stock. Toll Brothers currently has a consensus rating of “Hold” and a consensus target price of $44.71.
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About Toll Brothers
Toll Brothers, Inc is engaged in designing, building, marketing, selling and arranging financing for detached and attached homes in luxury residential communities. The Company operates through two segments: Traditional Home Building and Toll Brothers City Living (City Living). Within the Traditional Home Building segment, it operates in five geographic segments in the United States: the North, consisting of Connecticut, Illinois, Massachusetts, Michigan, Minnesota, New Jersey and New York; the Mid-Atlantic, consisting of Delaware, Maryland, Pennsylvania and Virginia; the South, consisting of Florida, North Carolina and Texas; the West, consisting of Arizona, Colorado, Nevada and Washington, and California.
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