Toll Brothers Likely To Post Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

Toll Brothers, Inc. TOL is expected to report financial results for its third quarter ended July 31, 2023, after the closing bell on Aug. 22, 2023.

Analysts expect the company to post quarterly earnings at $2.81 per share, up from year-ago earnings of $2.35 per share. The company’s revenue might come in at $2.41 billion, compared to $2.26 billion in the year-ago period.

Toll Brothers shares fell 1.7% to close at $75.05 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Raymond James analyst Buck Horne upgraded the stock from Outperform to Strong Buy and increased the price target from $77 to $100 on July 14, 2023. This analyst has an accuracy rate of 72%.
• Goldman Sachs analyst Susan Maklari maintained a Sell rating and increased the price target from $57 to $70 on July 13, 2023. This analyst has an accuracy rate of 65%.
• Citigroup analyst Anthony Pettinari maintained a Neutral rating and raised the price target from $72 to $85 on July 6, 2023. This analyst has an accuracy rate of 78%.
• Keefe, Bruyette & Woods analyst Jade Rahmani maintained an Outperform rating and increased the price target from $75 to $83 on May 31, 2023. This analyst has an accuracy rate of 71%.
• UBS analyst John Lovallo maintained a Buy rating and increased the price target from $65 to $73 on Feb. 23, 2023. This analyst has an accuracy rate of 70%.

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