How Often Does Toll Brothers, Inc. (TOL) Beat Earnings Estimates?

This is the current Zacks consensus EPS which was calculated at the time of writing.

Wedbush's Jay McCanless reiterated a Neutral rating on the stock and $32 price target following the report.

Over the couple years TOL has established a strong pattern of missing Street earnings views 50% of the time, according to historical earnings data, met predictions on 1 occasions and surpassed estimates 5 times over the last couple years.

Other analysts also recently issued research reports about the company. The Closing price of Toll Brothers Inc.

Toll Brothers, Inc. (NYSE:TOL) right now sits at consensus rating of 2.30 while 0 analysts have advocated the shares as "BUY", 0 calls it an "OUTPERFORM" and 0 suggest "HOLD". It is predicted to add 3% on day 1 and jump 4% on day 7 after the company reports upcoming earnings. They issued an "equal weight" rating and a $32.00 price target for the company. Eleven analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company's stock. Finally, Royal Bank Of Canada raised their price target on shares of Toll Brothers from $34.00 to $35.00 and gave the company a "sector perform" rating in a research note on Wednesday, December 7th. If you are accessing this article on another site, it was copied illegally and reposted in violation of US & worldwide trademark and copyright law.

The luxury homebuilder Toll Brothers (tol) reported quarterly revenue and earnings after market close Tuesday that beat analysts' expectations. The company's 50-day moving average is $31.51 and its 200 day moving average is $30.09. The firm has a market cap of $5.21 billion, a PE ratio of 14.58 and a beta of 1.29. The stock exchanged hands with 1,862,000 shares higher as compared to its average daily volume of 1.27M shares. TOL said it had a profit of $0.42 Earnings per Share for the quarter.

Revenue fell to $920.73 million from $928.57 million.

Several institutional investors have recently made changes to their positions in the stock. Its share price has decline -14.75% in three months and is down -4.67% for the last five trades. Ameritas Investment Partners Inc. now owns 45,479 shares of the company's stock worth $1,358,000 after buying an additional 21,354 shares during the last quarter.

The analysts offering 12 month price targets for Toll Brothers, Inc. have a median target of $35, with a high estimate of $44 and a low estimate of $32. The company reported $0.42 EPS for the quarter, topping the Zacks' consensus estimate of $0.36 by $0.06. "This should produce significantly higher earnings per share in FY 2017 versus FY 2016 and improve our ROE to 12% of beginning equity". Also, Director Edward G. Boehne sold 17,000 shares of the stock in a transaction dated Friday, December 9th. The shares were sold at an average price of $32.49, for a total transaction of $552,330.00. Following the completion of the transaction, the chairman now owns 7,503,320 shares of the company's stock, valued at $240,106,240.

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