Analyst Research Summary: Toll Brothers, Inc. (NYSE:TOL)

Toll Brothers, Inc. (NYSE:TOL) stock is presently standing at about $35.90 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 13 analysts covering the company is $37.00, which suggests the stock could still rise over 3 percent. The highest analyst price target is $44.00, which implies a rally of 77 percent. And a quick view of analyst notes show that 4 are rating the stock a buy while 5 rate TOL a strong buy. There are 10 equity research firms advocating a Hold and 0 consider it Sell.

Barclays analysts provided their view on Toll Brothers, Inc. (NYSE:TOL) recently. The rating firm issued a Equal Weight rating to this company in a research note released on Jan 06, 2017. Wedbush analysts disclosed their opinion on Toll Brothers, Inc. (NYSE:TOL) recently. The rating firm gave a Neutral rating to this stock in a research note published on Dec 06, 2016. According to a research note disclosed on Jul 18, 2016, analysts at Buckingham Research have upped their rating on these shares from Neutral to Buy.

Toll Brothers, Inc. (NYSE:TOL) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its Chief Accounting Officer SICREE JOSEPH R sold 1,900 company shares for 69180, in a transaction on 2017-03-10. Following the transaction, the Chief Accounting Officer is left with a stake of 26,830 shares, currently valued at $963197. Meanwhile, Chief Accounting Officer SICREE JOSEPH R sold 2,600 shares worth $93500, through a transaction dated 2017-03-09. Following the completion of the transaction, the insider is left with a stake of 26,830 shares, amounting $963197. TOL Executive Chairman TOLL ROBERT I also sold 275,000 shares, at a stock price of $36. This transaction occurred on 2017-03-09 totals $9900000. After this transaction, the insider’s stake stands at 11,449,761 shares, with a market value of $411046420.

Executives hold 5.43 percent of the stock. Robert I. Toll is one of the biggest insider owners in Toll Brothers, Inc. (NYSE:TOL), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 7,498,302 shares which have current market value of around $269189041.8.Joel H. Rassman is another major inside shareholder in the company. The insider owns 297,556 shares as of 0.18%, currently worth $10682260.4. Douglas C. Yearley,Jr is ranked as third insider holder of the stock. This insider holds 196,372 shares with a market value around $7049754.8 as of recent close.

Toll Brothers, Inc. (NYSE:TOL) Earnings Outlook

In Toll Brothers, Inc. (NYSE:TOL)’s latest quarter, EPS moved to $0.42 from $1.15 in preceding quarter and revenues reached at $920.73M compared to $1,855.45M. Analysts had expected Toll Brothers, Inc. (NYSE:TOL) to post net income of about $0.35 per share on $887.73M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.31 to $0.38. That is compared with the $0.51 in EPS it reported during the same period a year ago.

Elbert Edwards: