Toll Brothers Earnings Preview: Attractive Multiple, But Range Bound For 2 Years Now
Brian Gilmartin, CFA • Yesterday, 12:51 AM
- Relative to earnings and revenue growth, the stock looks cheap;
- Stock has been locked in trading range for 2- 3 years.
- QE3 was targeted at mortgage market - Taper could be having impact.
- New single-family home data has been gradually slowing.