Toll Brothers Inc. (NYSE:TOL) shares, rose in value, with the stock price up by 2.44% to the previous day’s close as strong demand from buyers drove the stock to $120.22.
Actively observing the price movement in the last trading, the stock closed the session at $117.36. The value of beta (5-year monthly) was 1.66 whereas the PE ratio was 9.28 over 12-month period. Referring to stock’s 52-week performance, its high was $130.63, and the low was $61.17. On the whole, TOL has fluctuated by -5.65% over the past month.
With the market capitalization of Toll Brothers Inc. currently standing at about $12.52 billion, investors are eagerly awaiting this quarter’s results, scheduled for May 21, 2024 – May 27, 2024. The company’s Forward Dividend Ratio is 0.86, with its dividend yield at 0.72%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TOL’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of TOL currently trading nearly 0.01% and 1.80% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.04, while the 7-day volatility ratio is showing 3.45% which for the 30-day chart, stands at 2.89%. Furthermore, Toll Brothers Inc. (TOL)’s beta value is 1.67, and its average true range (ATR) is 3.72.
A comparison of Toll Brothers Inc. (TOL) with its peers suggests the former has fared considerably weaker in the market. TOL showed an intraday change of 2.44% in last session, and over the past year, it grew by 95.93%%.
Data on historical trading for Toll Brothers Inc. (NYSE:TOL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.35 million. According to company’s latest data on outstanding shares, there are 103.79 million shares outstanding.
Nearly 1.13% of Toll Brothers Inc.’s shares belong to company insiders and institutional investors own 92.38% of the company’s shares. The stock has risen by 16.96% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TOL stock heading into the next quarter.
