Toll Brothers Earnings in Red but still Enjoying Robust Demand

Stock News|February 22, 2012 11:54 AM| By John Stevens

Toll Brothers Inc. (NYSE:TOLL) recorded on Wednesday a first-quarter decline as the nation’s largest luxury homebuilder announced a modest drop in home deliveries and a superior cancellation rate.

But it also reported a rise in net inked deals and backlog, which is a significant gauge of future home deliveries.

CEO Douglas C. Yearley Jr. commented in a statement that the firm was beginning to observe an upturn in regions including the Detroit and Phoenix periphery and the east coast of Florida.

Yearley further stated that Toll Brothers was enjoying persistent strength in the Northeast strip from Washington, DC, to Boston, which embodies 60 percent of its total business.

Toll Brothers, Inc. (NYSE:TOL) stock in current session held volume of 1.95 million shares as compare to its average volume of 3.39 million shares. The stock after opening at $22.91 hit high price of $23.74 and then trade at $22.71 by negative scoring -4.14%.

As the revenue measures TOL generated revenue of 1.48 billion in the following twelve months and earned $39.80 million. The Company showed a positive 2.70% in the net profit margin and as well as in its operating margin which remained -3.49%. Company’s annual sales growth for the past five year was -24.77%.

The stock price volatility was 2.66% for a week and 3.10% for a month as well as price volatility’s Average True Range for 14 days was 0.72 and its beta remained 1.11.

The TOL past twelve months price to sales ratio was 2.68 and price to cash ratio remained 4.36. As far as the returns are concern, the TOL return on equity was recorded as 1.55% and increased 0.94% return on investment while its return on asset stayed at 0.78%.

 

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