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Toll Brothers misses on the top and bottom lines

06 December 2017

Recent session action on shares of InspireMD, Inc.

Similarly, the Williams %R Value, for this stock stands at -15.766 - suggesting that the shares are Overbought.

A number of other hedge funds also recently modified their holdings of TOL. World Asset Management Inc increased its stake in shares of Toll Brothers by 1.8% during the second quarter. Bank of New York Mellon Corp now owns 3,128,341 shares of the construction company's stock worth $129,732,000 after acquiring an additional 1,124,409 shares during the period. Comerica Bank now owns 118,554 shares of the construction company's stock valued at $5,395,000 after buying an additional 3,152 shares during the last quarter. Finally, Toronto Dominion Bank lifted its stake in Toll Brothers by 118.8% during the third quarter. Following the sale, the insider now directly owns 7,420,317 shares of the company's stock, valued at approximately $281,972,046. AutoZone shares gained 0.03 percent to $710.00 in after-hours trading. Institutions are now holders of 88.00% of the shares. Its quick ratio for the most recent quarter is N/A. Analysts mean recommendation for the stock is 2.30. During the same period in the previous year, the business posted $0.67 earnings per share. Toll Brothers now has a consensus rating of "Buy" and an average price target of $38.17.

Among 27 analysts covering Toll Brothers (NYSE:TOL), 13 have Buy rating, 1 Sell and 13 Hold. Chicago Equity Partners LLC purchased a new stake in Toll Brothers during the 3rd quarter worth about $1,835,000. Keefe Bruyette & Woods maintained the shares of TOL in report on Thursday, October 19 with "Hold" rating.

The results did not meet Wall Street expectations. Standpoint Research initiated the shares of GE in report on Friday, July 22 with "Sell" rating. The shares were sold at an average price of $42.58, for a total value of $691,925.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Carl B. Marbach sold 12,900 shares of the company's stock in a transaction that occurred on Wednesday, September 13th. The shares were sold at an average price of $38.00, for a total transaction of $74,746.00. The disclosure for this sale can be found here. The insider NOVICK STEPHEN A sold 85,000 shares worth $3.32 million.

Toll Brothers Inc (TOL) traded down 0.35% during trading on Wednesday, hitting $36.91. The volume of TOL witnessed a shift from 5 million shares, based on a 50-day average, to 1.91 million shares. The firm has a market cap of $8,124.77, a PE ratio of 18.47, a PEG ratio of 1.06 and a beta of 1.57. Toll Brothers Inc has a 12 month low of $29.82 and a 12 month high of $51.08.

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. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share. The company had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2.09 billion. On Thursday, June 8 BRAEMER RICHARD J sold $566,087 worth of Toll Brothers, Inc.

Orders climbed 14.5% year-over-year, the slowest pace in six quarters.

Toll Brothers expects full-year revenue in the range of $6.24 billion to $7.48 billion.

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Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities.

Toll Brothers misses on the top and bottom lines