Earnings Forecast: Analysts predict an EPS of $4.34 and revenue of $3.17 billion for the upcoming quarterly earnings.
Zacks Investment Research Rating: Toll Brothers receives an ‘A’ rating, indicating a high likelihood of market outperformance.
Financial Metrics: The company showcases strong financial health with a P/E ratio of 10.42, and a current ratio of 3.73.
Toll Brothers, Inc. (NYSE:TOL) is a prominent home construction company known for its luxury homes. As it prepares to release its quarterly earnings on December 9, 2024, analysts predict an earnings per share (EPS) of $4.34 and revenue of approximately $3.17 billion. The company operates in the competitive homebuilding industry, with peers like Lennar and D.R. Horton.
Zacks Investment Research highlights Toll Brothers as a strong value stock. The Zacks Style Scores, part of their premium service, rate stocks based on value, growth, and momentum. Toll Brothers has an ‘A’ rating, indicating a high likelihood of outperforming the market in the next 30 days. This rating system helps investors make informed decisions for potentially better returns.
Recently, Toll Brothers’ stock closed at $164.75, a 0.36% increase, even as the broader market declined. Over the past month, its shares have risen by 11.37%, outperforming the Construction sector’s 7.07% gain and the S&P 500’s 3.76% increase. This strong performance underscores the company’s robust position in the industry.
Toll Brothers’ financial metrics further illustrate its market standing. With a price-to-earnings (P/E) ratio of 10.42, the market values its earnings favorably. The price-to-sales ratio of 1.49 and enterprise value to sales ratio of 1.69 reflect investor confidence in its sales. The company’s earnings yield of 9.60% indicates a solid return on investment for shareholders.
The company’s financial health is also evident in its debt-to-equity ratio of 0.38, showing low debt levels compared to equity. A current ratio of 3.73 indicates strong liquidity, suggesting Toll Brothers can easily cover its short-term liabilities. These metrics highlight the company’s financial stability and potential for future growth.
