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Stocks in the Spotlight: Toll Brothers, Inc. (TOL), Tractor Supply Company (TSCO), Umpqua Holdings Corporation (UMPQ)

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Toll Brothers, Inc. (TOL) had a light trading with around 1.85M shares changing hands compared to its three month average trading volume of 2.29M. The stock traded between $31.39 and $32.02 before closing at the price of $31.89 with 0.92% change on the day. The Horsham Pennsylvania 19044 based company is currently trading 29.69% above its 52 week low of $24.32 and -4.75% below its 52 week high of $33.48. Both the RSI indicator and target price of 55.65 and $36.31 respectively, lead us to believe that it should be put on hold over the coming weeks.

Toll Brothers, Inc., together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities. The company operates through two segments, Traditional Home Building and City Living. It also builds and sells homes in urban infill markets under the Toll Brothers City Living name. In addition, the company develops, owns, and operates golf courses and country clubs that are associated with various master planned communities; develops and sells land to other builders; and develops, operates, and rents apartments. The company serves move-up, empty-nester, active-adult, age-qualified, and second-home buyers in 19 states in the United States. Toll Brothers, Inc. was founded in 1967 and is headquartered in Horsham, Pennsylvania.

Tractor Supply Company (TSCO) failed to extend gains with the stock declining -0.91% or $-0.67 to close the day at $72.73 on active trading volume of 1.85M shares, compared to its three month average trading volume of 1.49M. The Brentwood Tennessee 37027 based company has been underperforming the specialty retail, other group over the past 52 weeks, with the stock losing -14.47%, compared to the industry which has advanced 41.74% over the same period. With RSI of 39.73, the stock should still continue to rise and get closer to its one year target estimate of $83.33, making it a hold for now.

Tractor Supply Company operates rural lifestyle retail stores in the United States. The company offers a selection of merchandise, including equine, livestock, pet, and small animal products necessary for their health, care, growth, and containment; hardware, truck, towing, and tool products; seasonal products, such as heating products, lawn and garden items, power equipment, gifts, and toys; work/recreational clothing and footwear; and maintenance products for agricultural and rural use. As of December 31, 2016, it operated 1,595 retail stores in 49 states. The company operates its retail stores under the Tractor Supply Company, Del’s Feed & Farm Supply, and HomeTown Pet names. It also operates an e-commerce Website, TractorSupply.com. The company sells its products to recreational farmers, ranchers, and others, as well as tradesmen and small businesses. Tractor Supply Company was founded in 1938 and is based in Brentwood, Tennessee.

Umpqua Holdings Corporation (UMPQ) shares were down in last trading by -0.89% to $19.01. It experienced higher than average volume on day. The stock increased in value by almost 4.68% over the past week and grew 5.73% in the past month. It is currently trading 2.18% above its 50 day moving average and 17.25% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -1.3% decrease in value from its one year high of $19.3. The RSI indicator value of 58.42, lead us to believe that it is a hold for now.

Umpqua Holdings Corporation, through its subsidiaries, engages in the commercial and retail banking, and retail brokerage businesses. It operates through Community Banking and Home Lending segments. The Community Banking segment provides loan and deposit products to business and retail customers. The Home Lending segment originates, sells, and services residential mortgage loans. It also offers various deposit products, such as non-interest bearing checking accounts, interest bearing checking and savings accounts, money market accounts, and certificates of deposit; financial planning, trust, and investments services to high net worth individuals; and retail brokerage and investment advisory services. The company’s loan products include loans for business and commercial customers, including accounts receivable and inventory financing, multi-family loans, equipment loans, commercial equipment leases, international trade, real estate construction loans, permanent financing, small business administration program financing, and capital markets and treasury management services; loan products for small businesses; commercial and industrial loans; residential real estate loans for the construction, purchase, and refinancing of residential owner-occupied and rental properties; and consumer loans, such as secured and unsecured personal loans, home equity and personal lines of credit, and motor vehicle loans. In addition, it provides technology-based services, including remote deposit capture, online banking, bill pay and treasury, mobile banking, voice response banking, automatic payroll deposit programs, ATMs, product kiosks, and Website. As of December 31, 2015, the company operated commercial banking centers in 382 locations. Umpqua Holdings Corporation was founded in 1953 and is headquartered in Portland, Oregon.

 

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