Key Points
- Insider buying: Taylor Wimpey insider Chris Carney bought 178 shares on May 8 for about £149.52, adding to earlier purchases in March. He also sold a much larger block of shares on March 5.
- Stock and financial snapshot: TW opened at GBX 82.82 and was essentially flat on the day, with a market cap of £2.98 billion. The company reported GBX 8 EPS in its latest quarter, while analysts expect about 9.83 EPS for the current year.
- Analyst sentiment: Coverage remains mixed but constructive, with five Buy ratings and five Hold ratings. The consensus rating is Moderate Buy, and the average price target is GBX 112.
Taylor Wimpey plc (LON:TW - Get Free Report) insider Chris Carney purchased 178 shares of the firm's stock in a transaction on Friday, May 8th. The shares were acquired at an average cost of GBX 84 per share, with a total value of £149.52.
Chris Carney also recently made the following trade(s):
- On Wednesday, March 25th, Chris Carney acquired 90,361 shares of Taylor Wimpey stock. The stock was acquired at an average price of GBX 86 per share, for a total transaction of £77,710.46.
- On Monday, March 9th, Chris Carney bought 157 shares of Taylor Wimpey stock. The shares were acquired at an average cost of GBX 96 per share, for a total transaction of £150.72.
- On Thursday, March 5th, Chris Carney sold 329,993 shares of Taylor Wimpey stock. The stock was sold at an average price of GBX 101, for a total value of £333,292.93.
Taylor Wimpey Stock Down 0.0%
TW stock opened at GBX 82.82 on Tuesday. The stock has a market capitalization of £2.98 billion, a PE ratio of 12.08, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The stock's fifty day simple moving average is GBX 89.72 and its 200 day simple moving average is GBX 100.36.
Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings data on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share for the quarter. Taylor Wimpey had a net margin of 2.61% and a return on equity of 2.40%. As a group, sell-side analysts anticipate that Taylor Wimpey plc will post 9.8339265 EPS for the current year.
Taylor Wimpey announced that its board has approved a share buyback program on Thursday, March 5th that permits the company to buyback 0 outstanding shares. This buyback authorization permits the homebuilder to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.
Wall Street Analysts Forecast Growth
Several research analysts have commented on TW shares. Berenberg Bank cut their price target on Taylor Wimpey from GBX 120 to GBX 105 and set a "buy" rating on the stock in a research report on Wednesday, April 29th. Jefferies Financial Group cut their target price on shares of Taylor Wimpey from GBX 105 to GBX 103 and set a "buy" rating on the stock in a report on Tuesday, May 5th. JPMorgan Chase & Co. decreased their price target on shares of Taylor Wimpey from GBX 120 to GBX 100 and set a "neutral" rating for the company in a research note on Wednesday, April 29th. Stifel Nicolaus reissued a "buy" rating and set a GBX 120 price objective on shares of Taylor Wimpey in a research report on Thursday, March 5th. Finally, Citigroup reduced their target price on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a "buy" rating for the company in a report on Friday, January 16th. Five research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 112.
Get Our Latest Research Report on TW
About Taylor Wimpey
(
Get Free Report)
Taylor Wimpey plc operates as a homebuilder in the United Kingdom and Spain. It builds and delivers various homes and communities. Taylor Wimpey plc was incorporated in 1935 and is based in High Wycombe, the United Kingdom.
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