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Toll Brothers (TOL) Stock Moves -0.26%: What You Should Know
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In the latest trading session, Toll Brothers (TOL - Free Report) closed at $98.75, marking a -0.26% move from the previous day. This change was narrower than the S&P 500's 0.34% loss on the day. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.56%.
The home builder's stock has climbed by 11.37% in the past month, exceeding the Construction sector's gain of 6.64% and the S&P 500's gain of 2.56%.
The investment community will be paying close attention to the earnings performance of Toll Brothers in its upcoming release. It is anticipated that the company will report an EPS of $1.77, marking a 4.12% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.87 billion, indicating a 5.12% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $12.23 per share and a revenue of $9.86 billion, demonstrating changes of -1.05% and -1.33%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Toll Brothers. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.03% increase. Toll Brothers is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Toll Brothers has a Forward P/E ratio of 8.09 right now. This signifies a discount in comparison to the average Forward P/E of 9.53 for its industry.
Meanwhile, TOL's PEG ratio is currently 1.01. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Home Builders industry held an average PEG ratio of 0.86.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 46, finds itself in the top 19% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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) Stock Moves -0.26%: What You Should Know
In the latest trading session, Toll Brothers (TOL - Free Report) closed at $98.75, marking a -0.26% move from the previous day. This change was narrower than the S&P 500's 0.34% loss on the day. Meanwhile, the Dow experienced a rise of 0.03%, and the technology-dominated Nasdaq saw a decrease of 0.56%.
The home builder's stock has climbed by 11.37% in the past month, exceeding the Construction sector's gain of 6.64% and the S&P 500's gain of 2.56%.
The investment community will be paying close attention to the earnings performance of Toll Brothers in its upcoming release. It is anticipated that the company will report an EPS of $1.77, marking a 4.12% rise compared to the same quarter of the previous year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.87 billion, indicating a 5.12% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $12.23 per share and a revenue of $9.86 billion, demonstrating changes of -1.05% and -1.33%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Toll Brothers. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the company's business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 1.03% increase. Toll Brothers is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Toll Brothers has a Forward P/E ratio of 8.09 right now. This signifies a discount in comparison to the average Forward P/E of 9.53 for its industry.
Meanwhile, TOL's PEG ratio is currently 1.01. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. As of the close of trade yesterday, the Building Products - Home Builders industry held an average PEG ratio of 0.86.
The Building Products - Home Builders industry is part of the Construction sector. This industry, currently bearing a Zacks Industry Rank of 46, finds itself in the top 19% echelons of all 250+ industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these 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.