Equities research analysts expect Toll Brothers Inc (NYSE:TOL) to report earnings of $1.82 per share for the current quarter, according to Zacks. Six analysts have made estimates for Toll Brothers’ earnings. The lowest EPS estimate is $1.75 and the highest is $1.89. Toll Brothers reported earnings per share of $1.17 in the same quarter last year, which would indicate a positive year over year growth rate of 55.6%. The company is scheduled to report its next quarterly earnings results after the market closes on Tuesday, December 4th.
On average, analysts expect that Toll Brothers will report full-year earnings of $4.61 per share for the current fiscal year, with EPS estimates ranging from $4.55 to $4.69. For the next financial year, analysts expect that the firm will post earnings of $5.24 per share, with EPS estimates ranging from $4.87 to $6.00. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Toll Brothers.
TOL has been the topic of a number of analyst reports. ValuEngine lowered Toll Brothers from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 7th. Zacks Investment Research lowered shares of Toll Brothers from a “buy” rating to a “hold” rating in a report on Tuesday, October 23rd. Deutsche Bank lowered shares of Toll Brothers from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $51.00 to $29.00 in a report on Monday, October 22nd. Bank of America lowered shares of Toll Brothers from a “buy” rating to a “neutral” rating and set a $38.00 price objective on the stock. in a report on Thursday, October 18th. Finally, Barclays restated a “sell” rating and set a $37.00 price objective (down from $39.00) on shares of Toll Brothers in a report on Friday, September 14th. Two research analysts have rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $47.56.
Shares of NYSE TOL traded down $0.64 during midday trading on Friday, reaching $32.97. 11,046,497 shares of the company’s stock were exchanged, compared to its average volume of 2,965,321. Toll Brothers has a 52-week low of $28.68 and a 52-week high of $52.73. The firm has a market cap of $4.86 billion, a price-to-earnings ratio of 10.40, a PEG ratio of 0.40 and a beta of 1.17. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.88 and a current ratio of 6.98.
About Toll Brothers
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.
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