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Toll Brothers (TOL) Rises As Market Takes a Dip: Key Facts
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In the latest market close, Toll Brothers (TOL - Free Report) reached $148.14, with a +0.5% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%.
Coming into today, shares of the home builder had lost 4.75% in the past month. In that same time, the Construction sector gained 1.4%, while the S&P 500 gained 1.83%.
Market participants will be closely following the financial results of Toll Brothers in its upcoming release. The company is forecasted to report an EPS of $4.31, showcasing a 4.87% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.16 billion, up 4.59% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $14.53 per share and revenue of $10.64 billion. These totals would mark changes of +17.56% and +6.43%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Toll Brothers. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.11% increase. Toll Brothers is currently a Zacks Rank #2 (Buy).
Looking at its valuation, Toll Brothers is holding a Forward P/E ratio of 10.15. This indicates a premium in contrast to its industry's Forward P/E of 9.67.
We can also see that TOL currently has a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Building Products - Home Builders industry currently had an average PEG ratio of 0.91 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
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Toll Brothers (TOL) Rises As Market Takes a Dip: Key Facts
In the latest market close, Toll Brothers (TOL - Free Report) reached $148.14, with a +0.5% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%.
Coming into today, shares of the home builder had lost 4.75% in the past month. In that same time, the Construction sector gained 1.4%, while the S&P 500 gained 1.83%.
Market participants will be closely following the financial results of Toll Brothers in its upcoming release. The company is forecasted to report an EPS of $4.31, showcasing a 4.87% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $3.16 billion, up 4.59% from the year-ago period.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $14.53 per share and revenue of $10.64 billion. These totals would mark changes of +17.56% and +6.43%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for Toll Brothers. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.11% increase. Toll Brothers is currently a Zacks Rank #2 (Buy).
Looking at its valuation, Toll Brothers is holding a Forward P/E ratio of 10.15. This indicates a premium in contrast to its industry's Forward P/E of 9.67.
We can also see that TOL currently has a PEG ratio of 1.11. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Building Products - Home Builders industry currently had an average PEG ratio of 0.91 as of yesterday's close.
The Building Products - Home Builders industry is part of the Construction sector. This group has a Zacks Industry Rank of 88, putting it in the top 35% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.