Toll Brothers stock drops slightly despite overall market gains; analysts project positive EPS and revenue.

From Nasdaq: 2024-10-09 17:45:19

In the latest market close, Toll Brothers (TOL) reached $151.08, with a -0.02% movement. The stock has risen by 7.92% in the past month, lagging the Construction sector but overreaching the S&P 500. Analysts project an EPS of $4.30 and revenue of $3.15 billion for the upcoming release.

Investors should monitor recent analyst projections for Toll Brothers, as estimate changes impact stock prices. The Zacks Rank system considers these changes, with a #1 ranking historically returning an average of +25% annually. Currently, Toll Brothers holds a Zacks Rank of #2 (Buy) with a 1.48% rise in EPS estimates.

Toll Brothers is trading at a Forward P/E ratio of 10.41, consistent with its industry average. The PEG ratio, indicating earnings growth rate, is 1.13, aligning with the industry average. The Building Products – Home Builders industry ranks 105 out of 250+, indicating potential for performance.

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Read more at Nasdaq: Toll Brothers (TOL) Stock Drops Despite Market Gains: Important Facts to Note