Why Toll Brothers Inc. (NYSE:TOL) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $37.15 on Toll Brothers Inc. (NYSE:TOL) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.50 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Toll Brothers Inc. (NYSE:TOL) stands at 13.21.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Toll Brothers Inc. Common Stock, the PEG ratio for coming 3-5 years is 0.64.

Technical Analysis

The technical analysis highlights that Toll Brothers Inc. Common Stock current is trading $1.66 points away or +5.71% from its 50-day moving average of $29.02. Further it is trading $2.37 or +8.36% away its 200-day moving average of $28.31.

The 52-week high of Toll Brothers Inc. (NYSE:TOL) was $38.45 while lowest point recorded in 52-week was $23.75. It implies if stock price makes a movement of over $-7.77, it will record a new 52-week high. In the case of +29.18% drop, it will touch a new 52-week low.

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