Does Earnings Surprise History Hold Any Clue for Toll Brothers Stock Forecast, Price & News (NYSE:TOL)

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Earnings results for Toll Brothers Stock Forecast, Price & News (NYSE:TOL)

Toll Brothers, Inc. is expected* to report earnings on 08/25/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.69. The reported EPS for the same quarter last year was $1.

Toll Brothers last issued its quarterly earnings data on May 27th, 2020. The construction company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.14. The company had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.47 billion. Its quarterly revenue was down 9.7% compared to the same quarter last year. Toll Brothers has generated $4.03 earnings per share over the last year and currently has a price-to-earnings ratio of 13.4. Toll Brothers has confirmed that its next quarterly earnings report will be published on Tuesday, August 25th, 2020.

Analyst Opinion on Toll Brothers Stock Forecast, Price & News (NYSE:TOL)

15 Wall Street analysts have issued ratings and price targets for Toll Brothers in the last 12 months. Their average twelve-month price target is $38.47, predicting that the stock has a possible downside of 15.79%. The high price target for TOL is $47.00 and the low price target for TOL is $24.00. There are currently 4 sell ratings, 7 hold ratings and 4 buy ratings for the stock, resulting in a consensus rating of “Hold.”

Toll Brothers has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 4 buy ratings, 7 hold ratings, and 4 sell ratings. According to analysts’ consensus price target of $38.47, Toll Brothers has a forecasted downside of 15.8% from its current price of $45.68. Toll Brothers has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: Toll Brothers Stock Forecast, Price & News (NYSE:TOL)

Toll Brothers has a dividend yield of 0.99%, which is in the bottom 25% of all stocks that pay dividends. Toll Brothers has only been increasing its dividend for 1 years. The dividend payout ratio of Toll Brothers is 10.92%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Toll Brothers will have a dividend payout ratio of 12.02% next year. This indicates that Toll Brothers will be able to sustain or increase its dividend.

Insiders buying/selling: Toll Brothers Stock Forecast, Price & News (NYSE:TOL)

In the past three months, Toll Brothers insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $11,232,900.00 in company stock. Only 10.94% of the stock of Toll Brothers is held by insiders. 82.51% of the stock of Toll Brothers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Toll Brothers Stock Forecast, Price & News (NYSE:TOL

Earnings for Toll Brothers are expected to grow by 32.13% in the coming year, from $2.77 to $3.66 per share. The P/E ratio of Toll Brothers is 13.40, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.58. The P/E ratio of Toll Brothers is 13.40, which means that it is trading at a less expensive P/E ratio than the Construction sector average P/E ratio of about 29.98. Toll Brothers has a PEG Ratio of 6.24. PEG Ratios above 1 indicate that a company could be overvalued. Toll Brothers has a P/B Ratio of 1.25. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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