Last Updated: 12 Nov 2024
Executive Summary
Toll Brothers Inc. (TOL) is a leading luxury homebuilder in the United States. The company has a strong financial position with a market capitalization of $15.89 billion, EBITDA of $2.13 billion, and a trailing P/E ratio of 10.87. Toll Brothers has a history of consistent revenue and earnings growth, and the company is expected to continue to perform well in the future.
Company Overview
Toll Brothers was founded in 1967 and is headquartered in Horsham, Pennsylvania. The company designs, builds, markets, sells, and manages the financing of a variety of detached and attached homes in luxury residential communities. Toll Brothers operates in 24 states and the District of Columbia.
Fundamental Analysis
Toll Brothers has a strong financial position. The company has a low debt-to-equity ratio of 0.15 and a strong cash flow. Toll Brothers has a history of consistent revenue and earnings growth. In fiscal 2023, the company reported revenue of $10.53 billion and diluted EPS of $14.48. Toll Brothers is expected to continue to perform well in the future. The company has a strong backlog of orders and is well-positioned to benefit from the continued demand for luxury homes.
Technical Analysis
The technical analysis of Toll Brothers stock indicates that the stock is in a bullish trend. The stock price has been trading above its 50-day and 200-day moving averages for the past several months. The stock is also trading above its support level of $150. The technical analysis suggests that Toll Brothers stock is likely to continue to rise in the short term.
Short Term Outlook
The short-term outlook for Toll Brothers stock is positive. The stock is in a bullish trend and is trading above its support level. The company is also expected to report strong earnings in the upcoming quarter. The short-term outlook suggests that Toll Brothers stock is likely to continue to rise in the coming months.
Long Term Outlook
The long-term outlook for Toll Brothers stock is also positive. The company has a strong financial position, a history of consistent growth, and a strong backlog of orders. The long-term outlook suggests that Toll Brothers stock is likely to continue to perform well in the future.
Analyst Recommendations
The majority of analysts have a buy or strong buy rating on Toll Brothers stock. The average analyst target price is $158.26, which represents a potential upside of 0.57% from the current price of $157.37.
