Toll Brothers Inc. (NYSE: TOL) is 17.05% higher on its value in year-to-date trading and has touched a low of $58.44 and a high of $130.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TOL stock was last observed hovering at around $118.58 in the last trading session, with the day’s gains setting it 1.74%.
Currently trading at $120.32, the stock is -3.02% and 5.02% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing 1.47% at the moment leaves the stock 31.90% off its SMA200. TOL registered 102.22% gain for a year compared to 6-month gain of 62.29%. The firm has a 50-day simple moving average (SMA 50) of $1.44 and a 200-day simple moving average (SMA200) of $7.76.
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The stock witnessed a -1.51% loss in the last 1 month and extending the period to 3 months gives it a 16.68%, and is -2.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.23% over the week and 2.46% over the month.
Toll Brothers Inc. (TOL) has around 4800 employees, a market worth around $12.53B and $10.16B in sales. Current P/E ratio is 9.29 and Fwd P/E is 8.84. Profit margin for the company is 13.97%. Distance from 52-week low is 105.90% and -7.89% from its 52-week high. The company has generated returns on investments over the last 12 months (14.58%).
Toll Brothers Inc. quarterly earnings per share for the current quarter are estimated at $4.14 with sales reaching $2.53B over the same period.The EPS is expected to grow by 10.10% this year, but quarterly earnings will post 1.40% year-over-year.
754 institutions hold shares in Toll Brothers Inc. (TOL), with institutional investors hold 95.86% of the company’s shares. The shares outstanding are 103.79M, and float is at 102.99M with Short Float at 2.67%. Institutions hold 94.77% of the Float.
The top institutional shareholder in the company is Vanguard Group Inc with over 11.06 million shares valued at $874.25 million. The investor’s holdings represent 10.29% of the TOL Shares outstanding. As of Jun 29, 2023, the second largest holder is Blackrock Inc. with 10.65 million shares valued at $842.22 million to account for 9.91% of the shares outstanding. The other top investors are Capital International Investors which holds 5.88 million shares representing 5.47% and valued at over $464.78 million, while Greenhaven Associates, Inc. holds 5.17% of the shares totaling 5.55 million with a market value of $410.77 million.
Toll Brothers Inc. (TOL) Insider Activity
The most recent transaction is an insider sale by SHAPIRO PAUL E, the company’s Director. SEC filings show that SHAPIRO PAUL E sold 2,500 shares of the company’s common stock on Apr 03 ’24 at a price of $123.22 per share for a total of $0.31 million. Following the sale, the insider now owns 0.12 million shares.
Toll Brothers Inc. disclosed in a document filed with the SEC on Mar 20 ’24 that Connor Martin P. (Chief Financial Officer) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Mar 20 ’24 and was made at $123.90 per share for $0.62 million. Following the transaction, the insider now directly holds 44721.0 shares of the TOL stock.
Still, SEC filings show that on Mar 04 ’24, Yearley Douglas C. Jr. (Chief Executive Officer) disposed off 50,000 shares at an average price of $118.85 for $5.94 million. The insider now directly holds 346,382 shares of Toll Brothers Inc. (TOL).
