Alert: New Earnings Report (5/21/24)-Toll Brothers Inc. (NYSE: TOL).

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Toll Brothers Inc. (NYSE: TOL) has reported earnings for its second fiscal quarter (ending April 30) of $4.60 versus $2.88 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $14.79 compared to $12.64 a year ago.

Recent Price Action

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Toll Brothers Inc. (NYSE: TOL) stock closed at $130.22 on 5/21/24 after a slight decline of -0.6%. Moreover, trading volume in this decline was unusually high at 163% of normal. The stock has risen 3.2% during the last week and has been exceptionally strong relative to the market over the last nine months.

Current PriceTarget Research Rating

TOL’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

Toll Brothers has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Toll Brothers has a slightly positive Appreciation Score of 62 and a very high Power Rating of 99, leading to the Highest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

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