Overall market sentiment has been high on Toll Brothers Inc (TOL) stock lately. TOL receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With TOL Stock Today?
Toll Brothers Inc (TOL) stock is down -2.45% while the S&P 500 has gained 1.95% as of 1:39 PM on Thursday, Jan 28. TOL is lower by -$1.31 from the previous closing price of $53.57 on volume of 1,921,136 shares. Over the past year the S&P 500 is higher by 16.71% while TOL has gained 13.93%. TOL earned $3.40 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.36.
More About Toll Brothers Inc
Toll Brothers is the leading luxury homebuilder in the United States with an average sales price well above public competitors'. The company operates in 50 markets across 23 states and caters to move-up, active-adult, and second-homebuyers. Traditional homebuilding operations represents approximately 95% of the company's revenue. Toll Brothers also builds luxury for-sale and for-rent properties in urban centers, primarily on the East Coast. The company's headquarters is in Horsham, Pennsylvania.