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Technical Facts to Know: Toll Brothers, Inc. (TOL) ,UTStarcom Holdings Corp. (UTSI)
06 December 2017, 07:54 | Kelvin Horton
SEC FORM 4 - SEC.gov
Toll Brothers, Inc. (NYSE:TOL)'s RSI (Relative Strength Index) is 53.92. The company's profits rose 40 percent to $535.5 million, compared to 2016's profits of $382.1 million. Victory Capital Management Inc.'s holdings in Toll Brothers were worth $1,873,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently modified their holdings of TOL. The company's shares were down 5.2 percent at $48 in light premarket trading.
USA luxury homebuilder Toll Brothers Inc stated a 67.8 percent jump in quarterly profit, partly boosted by a boost in home sales and prices. Sumitomo Mitsui Trust Holdings Inc. now owns 532,241 shares of the construction company's stock worth $22,072,000 after acquiring an additional 8,405 shares in the last quarter. Comerica Bank grew its position in shares of Toll Brothers by 2.7% during the 3rd quarter. Bank of New York Mellon Corp increased its position in shares of Toll Brothers by 56.1% in the third quarter.
Meanwhile, Toll's quarterly profit and revenue missed analysts' expectations on Tuesday as it sold homes at prices lower than its own estimates, sending the company's shares down 8 percent in morning trading. The company reported a 5 percent drop in its Q1 comps and issued weak second quarter guidance. In PlayStocks are volatile enough to produce good risk and reward trading opportunities for both bull and bear traders intraday.
In 2017, City Living's average price per unit was $1.47 million, down from $2.83 million in 2016. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
In related news, Director Paul E. Shapiro sold 16,250 shares of Toll Brothersstock in a transaction on Friday, October 13th. The stock was sold at an average price of $47.00, for a total value of $940,000.00. The percentage of shares being held by the company management was 10.2% while institutional stake was 4.8%. The disclosure for this sale can be found here. In the last three months, insiders have sold 64,687 shares of company stock worth $2,840,390. KeyCorp raised shares of Toll Brothers from a "sector weight" rating to an "overweight" rating and increased their price target for the company from $44.55 to $52.00 in a report on Thursday, November 2nd. They issued a "buy" rating and a $50.00 price target for the company.
Another important element to consider is the price target and recommendations from brokerage firm analysts.
Toll Brothers Inc (TOL) traded down $3.73 during mid-day trading on Tuesday, hitting $46.93. That compares with the recent volume average of 1.91 million. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.10 and a current ratio of 6.75.
Stock in Focus:Toll Brothers, Inc. The stock has a market cap of $8,124.77, a P/E ratio of 18.47, a PEG ratio of 1.06 and a beta of 1.57.
Toll Brothers, Inc. most recently reported earnings per share (EPS) of $0.7 for the July 2017 versus $0.61 in the same quarter past year, representing 15% growth.
Before the markets open, HD Supply Holdings Inc (NASDAQ: HDS) is projected to report quarterly earnings at $0.76 per share on revenue of $1.34 billion. Six analysts surveyed by Zacks expected $2.08 billion. Toll Brothers had a net margin of 8.12% and a return on equity of 10.44%. The firm's revenue was up 9.3% on a year-over-year basis.
Toll Brothers, Inc. (NYSE: TOL) has grabbed attention from the analysts when it experienced a change of -6.61% in the current trading session to trade at $47.31.
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