From Financial Modeling Prep: 2024-12-11 11:15:00

RBC Capital analysts raised Toll Brothers’ price target to $150 from $143, citing Q3 earnings. Fiscal 2025 EPS estimates increased by 1% to $14.16 due to strong home deliveries and higher ASP. First-quarter gross margin pressure attributed to product mix, with a rebound expected in the second quarter. Short-term demand trends surpassing seasonal patterns.

Toll Brothers faces investor skepticism despite exceeding typical demand patterns. The company is scaling back enhanced incentives implemented earlier. Despite caution, Toll Brothers stands out for its strategic positioning and return profile. The revised price target reflects confidence in the company’s ability to navigate challenges and deliver long-term value.



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