Core Viewpoint - The article summarizes key research rating adjustments from Wall Street that are likely to influence market trends, highlighting companies with upgraded, downgraded, and newly initiated ratings [1][6]. Upgraded Ratings - Toll Brothers (TOL): JPMorgan upgraded the rating from "Neutral" to "Overweight," raising the target price from $138 to $161, citing significantly higher gross and operating margins compared to industry averages [5]. - Toast (TOST): JPMorgan upgraded the rating from "Neutral" to "Overweight," maintaining the target price at $43, with expectations of improved performance if regulatory policies on transaction fees are implemented [5]. - Accelerant (ARX): Citizens JMP upgraded the rating from "Market Perform" to "Outperform," setting a target price of $20, indicating that market concerns over its related party business have been overstated [5]. - UMH Properties (UMH): Colliers upgraded the rating from "Neutral" to "Buy," increasing the target price from $16 to $17, highlighting the resilience of the manufactured housing sector [5]. - Descartes Systems (DSGX): Raymond James upgraded the rating from "Market Perform" to "Outperform," setting a target price of $118, noting that the current price-to-EBITDA ratio is near a 10-year low, positioning it well for a market recovery [5]. Downgraded Ratings - PayPal (PYPL): JPMorgan downgraded the rating from "Overweight" to "Neutral," lowering the target price from $85 to $70, indicating that 2026 will be a critical year for execution and investment [5]. - Sociedad Química y Minera (SQM): Goldman Sachs downgraded the rating from "Buy" to "Neutral," raising the target price from $45 to $63, as the stock has risen 80% this year, exceeding fundamental support [5]. - Lennar (LEN): JPMorgan downgraded the rating from "Neutral" to "Underweight," lowering the target price from $118 to $115, maintaining a cautious stance on the residential builders sector for 2026 [5]. - Halozyme (HALO): Goldman Sachs downgraded the rating from "Neutral" to "Sell," setting a target price of $56, expressing concerns over the ambitious revenue targets set for 2041 [5]. - Fidelity National Information Services (FISV): JPMorgan downgraded the rating from "Overweight" to "Neutral," maintaining the target price at $85, indicating that 2026 will be a year requiring proof of execution [5]. Newly Initiated Ratings - United Airlines (UAL): Citigroup initiated coverage with a "Buy" rating and a target price of $132, citing a positive outlook for the airline industry [10]. - General Electric Aviation (GE): Susquehanna initiated coverage with a "Positive" rating and a target price of $350, noting its dominant position in the commercial aviation engine market [10][12]. - Hershey (HSY): Jefferies resumed coverage with a "Hold" rating and a target price of $181, acknowledging the company's strategies to manage cocoa cost pressures while noting high current valuations [10][13]. - Monday.com (MNDY): Guggenheim initiated coverage with a "Buy" rating and a target price of $250, indicating a potential 64% upside from current levels [10][13]. - Cava Group (CAVA): Truist initiated coverage with a "Buy" rating and a target price of $66, highlighting its leadership in the Mediterranean fast-casual dining sector [10][13].

Earnings Per Share (EPS) is expected to be $4.91, indicating a 6.1% increase year-over-year.Projected revenue is at $3.32 billion, showing a slight decrease of 0.3% from the previous year.Financial ratios such as the P/E ratio of 10.35 and earnings yield of 9.66% highlight the company's market valuation and return on investment.Toll Brothers, Inc. (NYSE:TOL) is a leading builder of luxury homes in the United States, with its quarterly earnings set for release on December 8, 2025. Analysts are eyeing an EPS ...

Core Insights - Toll Brothers, Inc. has launched a new luxury home community called Toll Brothers at Maple Hills in Covington, Washington, featuring modern home designs and serene natural surroundings [1][5] Group 1: Community Features - The community offers 22 new single-family homes ranging from 2,678 to over 3,367 square feet, priced from the mid-$900,000s, with options for 4 to 6 bedrooms and 3 to 5 baths [2] - Homes include versatile options such as lofts, flex rooms, daylight basements, and covered outdoor living spaces, with select homes backing onto a protected private greenbelt [2] - The community features amenities like a park with a playground, multi-use walking paths, and direct access to the trail system at Cedar Creek Park [5] Group 2: Location and Accessibility - The community is designed to provide a peaceful retreat while maintaining convenient access to commuter routes, major employers, and future retail and dining options [5] - Future retail shopping, dining, and entertainment at the planned LakePointe town center will be within walking distance, enhancing the community's appeal [5] - The upcoming Covington Connector will facilitate easy commutes to Seattle, Bellevue, and Seattle-Tacoma International Airport [5] Group 3: Company Overview - Toll Brothers, Inc. is the nation's leading builder of luxury homes, founded in 1967 and publicly traded since 1986 [7] - The company operates in over 60 markets across 24 states, offering a range of housing options for various buyer segments [8] - Toll Brothers has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [9]

Core Viewpoint - Toll Brothers (TOL) is expected to report quarterly earnings of $4.91 per share, a 6.1% increase year-over-year, with revenues projected at $3.32 billion, reflecting a slight decrease of 0.3% compared to the previous year [1]. Earnings Estimates - There has been no revision in the consensus EPS estimate for the quarter over the last 30 days, indicating stability in analysts' forecasts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue Projections - Analysts estimate 'Revenues- Home Sales' at $3.29 billion, indicating a year-over-year increase of 0.8% [5]. - 'Revenues- Land Sales' are forecasted to be $65.19 million, reflecting a year-over-year decrease of 11.3% [5]. Unit Metrics - The consensus for 'Closed/Delivered - Units' is 3,377, down from 3,431 in the same quarter last year [5]. - 'Backlog - Units' is expected to be 4,632, a decrease from 5,996 year-over-year [6]. - 'Net contracts - Units' are projected at 2,517, down from 2,658 in the same quarter last year [6]. Pricing Metrics - The 'Average delivered price (Total Average Price Per Unit)' is expected to reach $974.45, compared to $950.20 a year ago [6]. - The 'Average Backlog Price' is projected at $1,173.67, up from $1,078.70 year-over-year [7]. Community Metrics - Analysts predict the 'Number of Selling Communities' will reach 445, an increase from 408 in the same quarter last year [7]. Gross Margin - 'Gross Margin- Home Sales' is expected to be $842.54 million, slightly down from $846.32 million in the same quarter last year [8]. Stock Performance - Over the past month, shares of Toll Brothers have returned +4.1%, while the Zacks S&P 500 composite has seen a -0.1% change [8]. - Toll Brothers currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8].

Core Insights - Toll Brothers, Inc. is launching a new luxury townhome community named Woodinville Square in the Seattle area, with exclusive sneak peek tours available before the public grand opening on January 17, 2026 [1][2]. Group 1: Community Features - Woodinville Square features luxury townhomes with 3-bedroom, 3.5-bathroom designs, and floor plans ranging from 1,510 to over 2,017 square feet [2]. - Homes include one- or two-car garages, 3 to 4 stories, and select models offer serene rooftop decks, with pricing starting from the mid-$800,000s [2][4]. Group 2: Location and Accessibility - The community is situated in downtown Woodinville, providing direct access to the 42-mile Eastrail trail system, connecting to Kirkland, Bellevue, and Redmond [4]. - Residents will be close to The Schoolhouse District, which offers retail, dining, and wine tasting rooms, and is minutes away from upscale shopping and entertainment in Bothell and Kirkland [4]. Group 3: Educational Benefits - Residents will be part of the top-rated Northshore School District, with access to Hollywood Hill Elementary, Leota Middle School, and Woodinville High School [5]. Group 4: Company Background - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the U.S., founded in 1967 and publicly traded since 1986 [7]. - The company operates in over 60 markets across 24 states and the District of Columbia, offering a range of housing options for various buyer segments [8].

Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Venado Valley in Carson City, Nevada, which is now over 50% sold [1][4] - The community offers single-story homes with various floor plans and is designed to provide a tranquil living environment with mountain views [2][4] Company Overview - Toll Brothers is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states [7] - The company has been publicly traded since 1986 and is listed on the New York Stock Exchange under the symbol "TOL" [7] Community Features - Venado Valley features single-family homes ranging from 2,129 to over 2,337 square feet, with options for 3 to 4 bedrooms and 2.5 to 3.5 baths [2] - Homes are priced from the upper $600,000s and include modern architectural styles such as craftsman and ranch designs [2][4] Sales and Marketing - The community includes both built-to-order and move-in ready homes, catering to various buyer timelines [4] - The Toll Brothers Design Studio offers customers a chance to personalize their homes with a wide selection of fixtures and finishes [5] Customer Experience - The community is positioned as a convenient location with access to shops, restaurants, and outdoor recreation, enhancing the appeal for potential buyers [4]

Core Insights - Toll Brothers, Inc. has launched new home designs at its Westover community in Cumming, Georgia, featuring first-floor primary bedrooms and elegant architectural details, with prices starting from the mid-$700,000s [1][5] Group 1: New Home Designs - The new home designs at Westover include thoughtfully designed floor plans that emphasize comfort and sophistication [1] - Home sizes range from approximately 2,801 to over 3,830 square feet, offering up to five bedrooms and five bathrooms [2] Group 2: Community Features - Westover community offers expansive home sites that provide privacy and serene views, many of which back up to mature tree lines [2] - The community is conveniently located near Georgia State Route 400, providing access to outdoor activities, shopping, dining, and major employment centers [5] Group 3: Customer Experience - Home shoppers can personalize their homes at the Toll Brothers Design Studio, which offers a wide array of selections with the help of professional Design Consultants [3] - A limited number of move-in ready homes with Designer Appointed Features are available in the community [3] Group 4: Company Overview - Toll Brothers, Inc. is a Fortune 500 Company and the leading builder of luxury homes in the United States, founded in 1967 and publicly traded since 1986 [7] - The company operates in over 60 markets across 24 states and offers a variety of home types for different buyer segments [8]

Core Insights - Toll Brothers, Inc. has launched a new phase of home sites in its Regency at Olde Towne 55+ active-adult community in Raleigh, North Carolina, featuring resort-style amenities and sophisticated designs [1][5] Group 1: Community Features - The new phase offers home designs with 3 to 4 bedrooms, 2.5 to 4 bathrooms, and spacious 2- to 3-car garages, with various one- and two-story floor plans [2] - Homes include luxurious features such as first-floor primary bedroom suites, zero-entry showers, and versatile flex rooms, with prices starting from the mid-$500,000s [2] - Residents will have access to exclusive amenities including a clubhouse, fitness center, resort-style pool, and pickleball courts, along with a lifestyle director for social events [5] Group 2: Location and Accessibility - The community is conveniently located near downtown Raleigh, with easy access to major highways and upscale shopping, dining, and recreational opportunities [7] Group 3: Company Overview - Toll Brothers, Inc. is a leading builder of luxury homes, founded in 1967 and publicly traded since 1986, operating in over 60 markets across 24 states [10][11] - The company has received multiple accolades, including being named one of Fortune magazine's World's Most Admired Companies for over 10 years [12]

Core Viewpoint - The article discusses the reliability of brokerage recommendations, particularly focusing on Toll Brothers (TOL), and emphasizes the importance of using these recommendations in conjunction with other analytical tools for making investment decisions [1][5]. Brokerage Recommendations - Toll Brothers has an average brokerage recommendation (ABR) of 1.94, indicating a consensus between Strong Buy and Buy, based on recommendations from 18 brokerage firms [2]. - Out of the 18 recommendations, 10 are Strong Buy and 1 is Buy, which account for 55.6% and 5.6% of all recommendations respectively [2]. Limitations of Brokerage Recommendations - Solely relying on brokerage recommendations may not be advisable, as studies indicate they often fail to guide investors effectively towards stocks with high price appreciation potential [5]. - Brokerage firms tend to exhibit a positive bias in their ratings due to vested interests, leading to a disproportionate number of Strong Buy recommendations compared to Strong Sell [6][10]. Zacks Rank vs. ABR - The Zacks Rank is presented as a more reliable indicator of near-term stock performance, based on earnings estimate revisions, while the ABR is based solely on brokerage recommendations [8][9]. - The Zacks Rank is updated more frequently and reflects changes in earnings estimates, making it a timely tool for predicting future price movements [12]. Current Earnings Estimates for Toll Brothers - The Zacks Consensus Estimate for Toll Brothers remains unchanged at $13.82 for the current year, suggesting stable analyst views on the company's earnings prospects [13]. - The Zacks Rank for Toll Brothers is currently 3 (Hold), indicating a cautious approach despite the Buy-equivalent ABR [14].

Core Insights - Toll Brothers, Inc. has launched a new luxury home community named Toll Brothers at Veranda Bay in Flagler Beach, Florida, featuring modern single-family homes with resort-style amenities [1][5] Company Overview - Toll Brothers, Inc. is recognized as the nation's leading builder of luxury homes and operates in over 60 markets across 24 states, including Florida [8] - The company was founded in 1967 and became publicly traded in 1986, listed on the New York Stock Exchange under the symbol "TOL" [8] Community Features - Toll Brothers at Veranda Bay offers homes with 3 to 5 bedrooms, 2 to 4 baths, and 2- to 3-car garages, with prices starting from the mid-$500,000s [2] - The community includes a range of amenities such as an outdoor pool, fitness center, dog park, tennis and pickleball courts, and optional boat slips at a future marina [5][6] Design and Personalization - The Toll Brothers Design Studio provides a one-stop shopping experience for customers to personalize their homes with a variety of selections and professional assistance [3] Location and Accessibility - The community is situated on the banks of the Intracoastal Waterway, close to beautiful beaches, premier golf courses, and upscale shopping districts, approximately one hour from Jacksonville and Orlando [6]