In the latest session, Toll Brothers Inc. (NYSE: TOL) closed at $118.58 down -4.62% from its previous closing price of $124.32. In other words, the price has decreased by -$5.74 from its previous closing price. On the day, 1849763 shares were traded.
Ratios:
For a deeper understanding of Toll Brothers Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.88. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 3.77. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.39.
On January 08, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $118.
Seaport Research Partners Upgraded its Neutral to Buy on November 02, 2023, while the target price for the stock was maintained at $93.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 03 ’24 when SHAPIRO PAUL E sold 2,500 shares for $123.22 per share. The transaction valued at 308,050 led to the insider holds 120,107 shares of the business.
Connor Martin P. sold 5,000 shares of TOL for $619,500 on Mar 20 ’24. The Chief Financial Officer now owns 44,721 shares after completing the transaction at $123.90 per share. On Mar 04 ’24, another insider, Yearley Douglas C. Jr., who serves as the Chief Executive Officer of the company, sold 50,000 shares for $118.85 each. As a result, the insider received 5,942,601 and left with 346,382 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TOL now has a Market Capitalization of 12.95B and an Enterprise Value of 15.04B. As of this moment, Toll’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.16, and their Forward P/E ratio for the next fiscal year is 8.71. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 1.76. Its current Enterprise Value per Revenue stands at 1.48 whereas that against EBITDA is 7.98.
Stock Price History:
Over the past 52 weeks, TOL has reached a high of $130.63, while it has fallen to a 52-week low of $57.27. The 50-Day Moving Average of the stock is 114.57, while the 200-Day Moving Average is calculated to be 91.22.
Shares Statistics:
For the past three months, TOL has traded an average of 1.40M shares per day and 1.09M over the past ten days. A total of 103.79M shares are outstanding, with a floating share count of 102.99M. Insiders hold about 1.13% of the company’s shares, while institutions hold 92.66% stake in the company. Shares short for TOL as of Mar 28, 2024 were 2.75M with a Short Ratio of 1.96, compared to 3.51M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.64% and a Short% of Float of 3.38%.
Dividends & Splits
According to the company, the forward annual dividend rate for TOL is 0.86, from 0.84 in the trailing year. Against a Trailing Annual Dividend Yield of 0.68%, it implies a Forward Annual Dividend Yield of 0.78%. The stock’s 5-year Average Dividend Yield is 1.17. The current Payout Ratio is 6.72% for TOL, which recently paid a dividend on Apr 19, 2024 with an ex-dividend date of Apr 04, 2024. Stock splits for the company last occurred on Jul 11, 2005 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 16 different market analysts currently analyzing its stock. On average, analysts expect EPS of $4.14 for the current quarter, with a high estimate of $4.33 and a low estimate of $3.85, while EPS last year was $2.85. The consensus estimate for the next quarter is $3.39, with high estimates of $3.62 and low estimates of $3.08.
Analysts are recommending an EPS of between $14.5 and $13.25 for the fiscal current year, implying an average EPS of $13.72. EPS for the following year is $13.71, with 18 analysts recommending between $15.53 and $12.15.
Revenue Estimates
A total of 15 analysts have provided revenue estimates for TOL’s current fiscal year. The highest revenue estimate was $10.64B, while the lowest revenue estimate was $9.74B, resulting in an average revenue estimate of $10.01B. In the same quarter a year ago, actual revenue was $9.87B, up 1.40% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $10.67B in the next fiscal year. The high estimate is $11.35B and the low estimate is $10.1B. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.
