Equities researchers at Sterne Agee began coverage on shares of Toll Brothers (NYSE: TOL) in a report issued on Wednesday, TheFlyOnTheWall.com reports. The firm set an “underperform” rating on the stock.

Toll Brothers traded down 0.38% on Wednesday, hitting $34.08. Toll Brothers has a 52-week low of $21.78 and a 52-week high of $38.36. The stock’s 50-day moving average is currently $35.9. The company has a market cap of $5.765 billion and a price-to-earnings ratio of 11.84.

Toll Brothers last issued its quarterly earnings data on Wednesday, February 20th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.11 by $0.08. The company had revenue of $424.60 million for the quarter, compared to the consensus estimate of $500.63 million. During the same quarter last year, the company posted ($0.02) earnings per share. Toll Brothers’s revenue was up 31.9% compared to the same quarter last year. On average, analysts predict that Toll Brothers will post $0.75 earnings per share for the current fiscal year.

A number of other firms have also recently commented on TOL. Analysts at KBW raised their price target on shares of Toll Brothers from $32.00 to $35.00 in a research note to investors on Thursday, February 21st. They now have a “market perform” rating on the stock. Separately, analysts at Compass Point cut their price target on shares of Toll Brothers from $43.50 to $38.50 in a research note to investors on Thursday, February 21st. They now have a “neutral” rating on the stock. Finally, analysts at JMP Securities raised their price target on shares of Toll Brothers from $38.00 to $44.00 in a research note to investors on Tuesday, February 19th. They now have an “outperform” rating on the stock.

Six investment analysts have rated the stock with a buy rating, two have assigned an overweight rating, nine have given a hold rating, and three have issued a sell rating to the company. The stock presently has an average rating of “hold” and an average price target of $36.76.

Toll Brothers, Inc. designs, builds, markets and arranges financing for single-family detached and attached homes in luxury residential communities.

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