Smart Money Still Has Faith in Toll Brothers, Inc. (NYSE:TOL)

Smart Money Still Has Faith in Toll Brothers, Inc. (NYSE:TOL)

Royal Bank Of Canada reaffirmed a "buy" rating and issued a $45.00 price objective on shares of Toll Brothers in a research note on Wednesday, November 15th. UBS began coverage on Toll Brothers in a research report on Wednesday, October 25th. Analysts at Jefferies upgraded shares to buy and hiked their price target to $200. Keefe Bruyette & Woods maintained the shares of TOL in report on Thursday, October 19 with "Hold" rating. Standpoint Research initiated the shares of GE in report on Friday, July 22 with "Sell" rating. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of "Hold" and an average price target of $44.71. (NYSE:TOL) or 3.07M shares. The company had a trading volume of 8,277,105 shares, compared to its average volume of 1,983,209. The firm has a market capitalization of $8,124.77, a P/E ratio of 18.47, a PEG ratio of 1.06 and a beta of 1.57. They see Toll Brothers, Inc. The company shares sank -0.57% from their peak of $50.95 and now has a $7.98 billion market value of equity.

Wall Street expects Toll Brothers Inc (NYSE: TOL) to report quarterly earnings at $1.19 per share on revenue of $2.08 billion before the opening bell. The construction company reported $1.17 EPS for the quarter, missing analysts' consensus estimates of $1.19 by ($0.02). Revenue, on the other hand, scored -2.66% growth from the previous quarter, coming up with $3.69 billion.

Toll Brothers, Inc. (NYSE: TOL) has grabbed attention from the analysts when it experienced a change of -6.61% in the current trading session to trade at $47.31. During the same quarter in the prior year, the firm earned $0.67 earnings per share. Also, President Richard T. Hartman sold 20,000 shares of Toll Brothers stock in a transaction on Tuesday, November 14th.

Meanwhile, Toll's quarterly profit and revenue missed analysts' expectations on Tuesday as it sold homes at prices lower than its own estimates, sending the company's shares down 8 percent in morning trading. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. SICREE JOSEPH R sold $173,250 worth of stock or 4,500 shares. Following the completion of the sale, the chief financial officer now directly owns 34,836 shares of the company's stock, valued at $1,443,952.20. The disclosure for this sale can be found here. Tightening the gaze, stock performance for the last 5 trading days is -58.21%.

INTC) — Intel Corporation (NASDAQ
To measure price-variation, we found INTC's volatility during a week at 2.27% and during a month it has been found around 1.66%. The stock of Intel Corporation (NASDAQ: INTC ) has "Mkt Perform" rating given on Friday, September 25 by JMP Securities.

Several institutional investors and hedge funds have recently modified their holdings of the business.

USA luxury homebuilder Toll Brothers Inc stated a 67.8 percent jump in quarterly profit, partly boosted by a boost in home sales and prices.

IBD'S TAKE: With thousands of publicly traded companies to choose from, how can you quickly find the best stocks to buy right now? The shares went up by 12.86% in value last month. Toronto Dominion Bank grew its position in Toll Brothers by 5.2% in the second quarter. Chicago Equity Partners LLC purchased a new stake in Toll Brothers during the 3rd quarter worth about $1,835,000. Tiedemann Wealth Management Limited Liability holds 0.3% of its portfolio in The Procter & Gamble Company (NYSE:PG) for 47,968 shares. Finally, State Street Corp increased its position in shares of Toll Brothers by 0.9% during the 2nd quarter. KeyCorp lowered shares of Toll Brothers to an "overweight" rating in a research note on Tuesday. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of worldwide trademark & copyright laws.

And home building deliveries were 2,424 units, also up 9%. The firm operates through two divisions, Traditional Home Building and City Living.

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