Toll Brothers Inc. (TOL) Shares Down Despite Recent Market Volatility

LTHM Stock

Toll Brothers Inc. (NYSE: TOL) has experienced a decline in its stock price by -3.65 compared to its previous closing price of 135.22. However, the company has seen a gain of 1.65% in its stock price over the last five trading days. globenewswire.com reported 2024-07-24 that WASHINGTON, July 24, 2024 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living, the rental division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, today announced the signing of Gold’s Gym as its first retail tenant at Vermeer, a luxury mixed-use multifamily community located at 113 Potomac Ave SW in Washington, D.C. Anticipated to open this winter, the community will feature 501 apartment residences, upscale amenities, expansive rooftop views, and approximately 37,000 square feet of ground-floor retail space.

Is It Worth Investing in Toll Brothers Inc. (NYSE: TOL) Right Now?

Toll Brothers Inc. (NYSE: TOL) has a higher price-to-earnings ratio of 8.89x compared to its average ratio, The 36-month beta value for TOL is at 1.67. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 5 rating it as “overweight,” 9 as “hold,” and 1 as “sell.”

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The public float for TOL is 101.49M, and currently, shorts hold a 2.43% of that float. The average trading volume for TOL on July 25, 2024 was 1.39M shares.

TOL’s Market Performance

TOL stock saw an increase of 1.65% in the past week, with a monthly gain of 10.02% and a quarterly increase of 9.00%. The volatility ratio for the week is 3.55%, and the volatility levels for the last 30 days are 2.95% for Toll Brothers Inc. (TOL).. The simple moving average for the past 20 days is 8.47% for TOL’s stock, with a 22.69% simple moving average for the past 200 days.

Analysts’ Opinion of TOL

Many brokerage firms have already submitted their reports for TOL stocks, with Goldman repeating the rating for TOL by listing it as a “Neutral.” The predicted price for TOL in the upcoming period, according to Goldman is $124 based on the research report published on June 17, 2024 of the current year 2024.

Wolfe Research gave a rating of “Outperform” to TOL, setting the target price at $118 in the report published on January 08th of the current year.

TOL Trading at 7.47% from the 50-Day Moving Average

After a stumble in the market that brought TOL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.04% of loss for the given period.

Volatility was left at 2.95%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares surge +12.62% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.57% upper at present.

During the last 5 trading sessions, TOL rose by +1.65%, which changed the moving average for the period of 200-days by +84.12% in comparison to the 20-day moving average, which settled at $120.84. In addition, Toll Brothers Inc. saw 26.74% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TOL starting from Connor Martin P., who sale 3,806 shares at the price of $121.84 back on Jun 12 ’24. After this action, Connor Martin P. now owns 24,721 shares of Toll Brothers Inc., valued at $463,730 using the latest closing price.

Connor Martin P., the Chief Financial Officer of Toll Brothers Inc., sale 16,194 shares at $118.74 during a trade that took place back on Jun 10 ’24, which means that Connor Martin P. is holding 28,527 shares at $1,922,842 based on the most recent closing price.

Stock Fundamentals for TOL

Current profitability levels for the company are sitting at:

  • 0.19 for the present operating margin
  • 0.28 for the gross margin

The net margin for Toll Brothers Inc. stands at 0.15. The total capital return value is set at 0.2. Equity return is now at value 23.04, with 12.53 for asset returns.

Based on Toll Brothers Inc. (TOL), the company’s capital structure generated 0.29 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.4. The interest coverage ratio of the stock is 41.03.

Currently, EBITDA for the company is 1.72 billion with net debt to EBITDA at 0.92. When we switch over and look at the enterprise to sales, we see a ratio of 1.45. The receivables turnover for the company is 72.67for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.58.

Conclusion

In conclusion, Toll Brothers Inc. (TOL) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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