Toll Brothers Inc (TOL): Today's Featured Materials & Construction Laggard

Toll Brothers ( TOL) pushed the Materials & Construction industry lower today making it today's featured Materials & Construction laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Toll Brothers fell $0.78 (-2.3%) to $32.63 on average volume. Throughout the day, 4,489,568 shares of Toll Brothers exchanged hands as compared to its average daily volume of 4,732,700 shares. The stock ranged in price between $32.57-$33.43 after having opened the day at $33.17 as compared to the previous trading day's close of $33.41. Other companies within the Materials & Construction industry that declined today were: Perma-Fix Environmental Services ( PESI), down 29.4%, Deltic Timber Corporation ( DEL), down 7.5%, Gafisa ( GFA), down 7.0% and MagneGas Corporation ( MNGA), down 6.2%.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. It is also involved in building or converting existing rental apartment buildings into high-, mid-, and low-rise luxury homes. Toll Brothers has a market cap of $5.5 billion and is part of the industrial goods sector. The company has a P/E ratio of 11.2, below the S&P 500 P/E ratio of 17.7. Shares are up 3.3% year to date as of the close of trading on Thursday. Currently there are 9 analysts that rate Toll Brothers a buy, 2 analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates Toll Brothers as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, solid stock price performance and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, India Globalization Capital ( IGC), up 8.1%, China Advanced Construction Materials Group ( CADC), up 7.7%, China Recycling Energy Corporation ( CREG), up 7.3% and TRC Companies ( TRR), up 5.7%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

Housing Stocks Fall as 10-year Bond Yields Hit Highest in Nearly 4 Years

The Stock Market Is Cheap, and Different Than Before

The Stock Market Is Cheap, and Different Than Before

A New and Different Kind of Market: Cramer's 'Mad Money' Recap (Thursday 12/21)

A New and Different Kind of Market: Cramer's 'Mad Money' Recap (Thursday 12/21)

Jim Cramer: Welcome to a Different, Better and Cheaper Kind of Stock Market

Jim Cramer: Welcome to a Different, Better and Cheaper Kind of Stock Market

Homebuilder ETFs Oddly Spike After Janet Yellen Hikes Rates

Homebuilder ETFs Oddly Spike After Janet Yellen Hikes Rates