Toll Brothers Inc. [NYSE: TOL] stock went on an upward path that rose over 3.28% on Friday, amounting to a one-week price decrease of less than -2.42%. The company report on September 23, 2020 that Toll Brothers Announces Cash Dividend.
Toll Brothers, Inc. (NYSE:TOL) (www.TollBrothers.com), the nation’s leading builder of luxury homes, today announced that its Board of Directors has approved a quarterly cash dividend to shareholders. The dividend of $0.11 per share will be paid on October 23, 2020 to shareholders of record on the close of business on October 9, 2020.
Toll Brothers, Inc., A FORTUNE 500 Company, is the nation’s leading builder of luxury homes. The Company began business over fifty years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, affordable luxury and second-home buyers, as well as urban and suburban renters. It operates in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia.
Over the last 12 months, TOL stock rose by 14.68%. The one-year Toll Brothers Inc. stock forecast points to a potential upside of 3.41. The average equity rating for TOL stock is currently 2.90, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $5.77 billion, with 126.72 million shares outstanding and 114.59 million shares in the current float. Compared to the average trading volume of 2.07M shares, TOL stock reached a trading volume of 1385782 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Toll Brothers Inc. [TOL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TOL shares is $48.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TOL stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wells Fargo have made an estimate for Toll Brothers Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on August 21, 2020. The new note on the price target was released on July 21, 2020, representing the official price target for Toll Brothers Inc. stock. Previously, the target price had yet another raise from $39 to $40, while Keefe Bruyette kept a Outperform rating on TOL stock.
The Average True Range (ATR) for Toll Brothers Inc. is set at 1.81, with the Price to Sales ratio for TOL stock in the period of the last 12 months amounting to 0.84. The Price to Book ratio for the last quarter was 1.28, with the Price to Cash per share for the same quarter was set at 4.58. Price to Free Cash Flow for TOL in the course of the last twelve months was 14.51.
TOL Stock Performance Analysis:
Toll Brothers Inc. [TOL] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.42. With this latest performance, TOL shares dropped by -0.46% in over the last four-week period, additionally plugging by 100.17% over the last 6 months – not to mention a rise of 14.68% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TOL stock in for the last two-week period is set at 47.88, with the RSI for the last a single of trading hit 45.59, and the three-weeks RSI is set at 52.37 for Toll Brothers Inc. [TOL]. The present Moving Average for the last 50 days of trading for this stock 45.87, while it was recorded at 47.51 for the last single week of trading, and 36.20 for the last 200 days.
Insight into Toll Brothers Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Toll Brothers Inc. [TOL] shares currently have an operating margin of +9.42 and a Gross Margin at +19.59. Toll Brothers Inc.’s Net Margin is presently recorded at +8.17.
Return on Total Capital for TOL is now 7.78, given the latest momentum, and Return on Invested Capital for the company is 6.76. Return on Equity for this stock inclined to 12.00, with Return on Assets sitting at 5.60. When it comes to the capital structure of this company, Toll Brothers Inc. [TOL] has a Total Debt to Total Equity ratio set at 77.32. Additionally, TOL Total Debt to Total Capital is recorded at 43.60, with Total Debt to Total Assets ending up at 36.21. Long-Term Debt to Equity for the company is recorded at 77.32, with the Long-Term Debt to Total Capital now at 43.60.
Reflecting on the efficiency of the workforce at the company, Toll Brothers Inc. [TOL] managed to generate an average of $115,688 per employee.
TOL Stock EPS
With the latest financial reports released by the company, Toll Brothers Inc. posted 1.41/share EPS, while the average EPS was predicted by analysts to be reported at 1.3/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 8.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TOL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Toll Brothers Inc. go to -1.88%.
Toll Brothers Inc. [TOL] Insider Position Details
There are presently around $4,993 million, or 88.50% of TOL stock, in the hands of institutional investors. The top three institutional holders of TOL stocks are: BLACKROCK INC. with ownership of 13,416,178, which is approximately 6.758% of the company’s market cap and around 7.50% of the total institutional ownership; CAPITAL WORLD INVESTORS, holding 12,988,009 shares of the stock with an approximate value of $613.81 million in TOL stocks shares; and VANGUARD GROUP INC, currently with $508.6 million in TOL stock with ownership of nearly -11.811% of the company’s market capitalization.
Positions in Toll Brothers Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 162 institutional holders increased their position in Toll Brothers Inc. [NYSE:TOL] by around 15,877,963 shares. Additionally, 186 investors decreased positions by around 15,856,418 shares, while 48 investors held positions by with 73,915,391 shares. The mentioned changes placed institutional holdings at 105,649,772 shares, according to the latest SEC report filing. TOL stock had 80 new institutional investments in for a total of 5,085,261 shares, while 51 institutional investors sold positions of 2,832,252 shares during the same period.