For its fourth fiscal quarter (ending October 31), Toll Brothers Inc. (NYSE: TOL) has reported a -27% decline in E.P.S. from $5.67 a year ago to $4.15 in the current quarter. However, this performance was $0.43 better than the consensus estimate of $3.72. For the latest four quarters through October 31, E.P.S. were $12.47 versus $11.02 for the same period a year ago — an increase of 13%.
Recent Price Action
Toll Brothers Inc. (NYSE: TOL) stock closed at $87.21 on 12/5/23 after being unchanged was unchanged. Moreover, trading volume in this flat performance was above average at 142% of normal. The stock has risen 2.1% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TOL is expected to continue to be an important 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 consistent signals. Toll Brothers has a good Appreciation Score of 83 and a very high Power Rating of 99, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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