Toll Brothers Inc. (NYSE: TOL): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Toll Brothers Open House Event Showcases Quick Move-in Luxury Homes Across Northeast Florida.

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Stocks Info

TOL belongs to the Consumer Cyclical sector of the NYSE while operating in the Residential Construction industry. At the end of the last regular session, the stock closed at $98.89 and fluctuated between $99.58 as its day high and $98.29 as its day low. The current market capitalization of Toll Brothers Inc. is $10.30B. A total of 1.35 million shares were traded on the day, compared to an average of 1.45M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, TOL has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 19 BUYs and 29 SELLs from insiders. Insiders purchased 469,186 shares during that period but sold 404,924.

In the most recent transaction, SHAPIRO PAUL E sold 10,000 shares of TOL for 99.70 per share on Jan 05. After the transaction, the Director now owns 119,704 company shares. In a previous transaction on Dec 21, Connor Martin P. sold 12,892 shares at 102.21 per share. TOL shares that Chief Financial Officer owns now total 54,721.

Among the insiders who sold shares, McLean John A disposed of 3,863 shares on Dec 19 at a per-share price of $103.57. This resulted in the Director holding 10,091 shares of TOL after the transaction. In another insider transaction, Yearley Douglas C. Jr. sold 40,000 shares at $105.04 per share on Dec 14. Company shares held by the Chief Executive Officer now total 298,415.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Toll Brothers Inc. pays an annual dividend of $0.85, resulting in a dividend yield of 0.86%, and it has a price to earnings (P/E) ratio of 7.97. TOL’s most recent ex-dividend date was 1/11/2024 when it declared a $0.21 quarterly dividend that was paid in cash on 1/26/2024. Previously, the company paid the dividend on 1/26/2024 with an ex-dividend date of 1/11/2024. The TOL stock dividend was $0.21 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for TOL in the last 3 months, the mean price target is $111.69 with high estimates of $130.00 and low estimates of $87.00. In terms of 52-week highs and lows, TOL has a high of $105.91 and a low of $54.62.

As of this writing, TOL has an earnings estimate of $1.78 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $1.93 per share and a lower estimate of $1.69. The company reported an EPS of $3.73 in the last quarter, which was 31.30% higher than expectations of $2.84.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. TOL’s latest balance sheet shows that the firm has $1.64B in Cash & Short Term Investments as of fiscal 2021. There were $3.68B in debt and $2.14B in liabilities at the time. Its Book Value Per Share was $65.49, while its Total Shareholder’s Equity was $5.34B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TOL is Buy with a score of 4.11.

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