Toll Brothers which can be found using ticker (TOL) now have 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 80 and 50 and has a mean target at $65.25. Given that the stocks previous close was at $58.78 this would indicate that there is a potential upside of 11.0%. It’s also worth noting that there is a 50 day moving average of $57.73 and the 200 day moving average is $49.10. The market cap for the company is $6,509m. Company Website: https://www.tollbrothers.com
The potential market cap would be $7,225m based on the market consensus.
Toll Brothers, together with its subsidiaries, designs, builds, markets, sells, and arranges finance for a range of detached and attached homes in luxury residential communities in the United States. It also designs, builds, markets, and sells condominiums through Toll Brothers City Living. In addition, the company develops a range of single-story living and first-floor primary bedroom suite home designs, as well as communities with recreational amenities, such as golf courses, marinas, pool complexes, country clubs, and fitness and recreation centers; develops and sells land; and develops, operates, and rents apartments, as well as provides various interior fit-out options, such as flooring, wall tile, plumbing, cabinets, fixtures, appliances, lighting, and home-automation and security technologies. Further, it owns and operates architectural, engineering, mortgage, title, insurance, smart home technology, landscaping, lumber distribution, house component assembly, and manufacturing operations. The company serves first-time, move-up, empty-nester, active-adult, and second-home buyers. It has a strategic partnership with Equity Residential to develop new rental apartment communities in the United States markets. The company was founded in 1967 and is headquartered in Fort Washington, Pennsylvania.
The company has a dividend yield of 1.41% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 5.05, revenue per share of 89.75 and a 8.59% return on assets.
