Toll Brothers Inc (NYSE:TOL) has earned an average rating of “Buy” from the twenty-one research firms that are covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $50.78.

Several research firms have weighed in on TOL. ValuEngine cut Toll Brothers from a “hold” rating to a “sell” rating in a report on Monday, June 18th. Barclays set a $39.00 price target on Toll Brothers and gave the company an “underweight” rating in a report on Wednesday, May 23rd. Zacks Investment Research raised Toll Brothers from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a report on Tuesday, July 24th. Deutsche Bank lowered their price target on Toll Brothers from $54.00 to $51.00 and set a “buy” rating on the stock in a report on Thursday, May 24th. Finally, MKM Partners lowered their price target on Toll Brothers to $53.00 and set a “buy” rating on the stock in a report on Wednesday, May 23rd.

Shares of NYSE:TOL traded up $0.43 on Wednesday, hitting $36.78. The company’s stock had a trading volume of 1,949,782 shares, compared to its average volume of 3,152,144. Toll Brothers has a 1 year low of $33.47 and a 1 year high of $52.73. The stock has a market cap of $5.45 billion, a P/E ratio of 11.60, a PEG ratio of 0.51 and a beta of 1.34. The company has a quick ratio of 0.88, a current ratio of 6.98 and a debt-to-equity ratio of 0.80.

Toll Brothers (NYSE:TOL) last released its quarterly earnings results on Tuesday, August 21st. The construction company reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.23. Toll Brothers had a return on equity of 13.49% and a net margin of 9.37%. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.81 billion. During the same quarter last year, the firm posted $0.87 EPS. The company’s revenue was up 27.3% compared to the same quarter last year. equities research analysts expect that Toll Brothers will post 4.46 EPS for the current fiscal year.

In related news, Director Edward G. Boehne sold 17,000 shares of the firm’s stock in a transaction dated Thursday, August 23rd. The stock was sold at an average price of $37.64, for a total transaction of $639,880.00. Following the transaction, the director now directly owns 99,598 shares of the company’s stock, valued at approximately $3,748,868.72. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 8.78% of the company’s stock.

Several hedge funds and other institutional investors have recently made changes to their positions in TOL. Alps Advisors Inc. purchased a new position in shares of Toll Brothers during the 1st quarter valued at about $461,000. Oppenheimer & Co. Inc. purchased a new position in Toll Brothers in the 1st quarter worth approximately $299,000. Sumitomo Mitsui Trust Holdings Inc. increased its stake in Toll Brothers by 2.6% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 569,848 shares of the construction company’s stock worth $24,646,000 after purchasing an additional 14,547 shares during the period. DekaBank Deutsche Girozentrale increased its stake in Toll Brothers by 354.3% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 47,286 shares of the construction company’s stock worth $2,059,000 after purchasing an additional 36,878 shares during the period. Finally, American Century Companies Inc. increased its stake in Toll Brothers by 11,121.7% in the 1st quarter. American Century Companies Inc. now owns 1,028,806 shares of the construction company’s stock worth $44,496,000 after purchasing an additional 1,019,638 shares during the period. 79.49% of the stock is currently owned by institutional investors.

Toll Brothers Company Profile

Toll Brothers, Inc, together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the United States. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets through Toll Brothers City Living.

See Also: Book Value Of Equity Per Share – BVPS Explained

Analyst Recommendations for Toll Brothers (NYSE:TOL)

Receive News & Ratings for Toll Brothers Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Toll Brothers and related companies with MarketBeat.com's FREE daily email newsletter.