Key Points
- Insider Chris Carney purchased 198 Taylor Wimpey shares at an average price of GBX 76, spending £150.48. This follows his purchase of 184 shares in September for £150.88.
- Taylor Wimpey shares opened at GBX 74.40, down 2.0%, with the company valued at approximately £2.67 billion. The homebuilder reported quarterly earnings of GBX 2.50 per share.
- Analyst sentiment is mixed, with five Buy, three Hold and one Sell rating; the consensus rating is Hold, with an average price target of GBX 98.
Taylor Wimpey plc (LON:TW - Get Free Report) insider Chris Carney purchased 198 shares of the business's stock in a transaction on Thursday, October 8th. The shares were bought at an average cost of GBX 76 per share, for a total transaction of £150.48.
Chris Carney also recently made the following trade(s):
- On Tuesday, September 8th, Chris Carney bought 184 shares of Taylor Wimpey stock. The shares were acquired at an average cost of GBX 82 per share, with a total value of £150.88.
Taylor Wimpey Stock Down 2.0%
TW opened at GBX 74.40 on Friday. The firm has a market cap of £2.67 billion, a P/E ratio of 10.85, a PEG ratio of 2.04 and a beta of 1.30. The stock's fifty day moving average is GBX 82 and its 200-day moving average is GBX 81.70. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99.
Taylor Wimpey (LON:TW - Get Free Report) last issued its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.99% and a net margin of 6.43%. As a group, sell-side analysts expect that Taylor Wimpey plc will post 9.83 earnings per share for the current year.
Analysts Set New Price Targets
Several brokerages have weighed in on TW. JPMorgan Chase & Co. lowered their target price on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an "underweight" rating for the company in a research note on Tuesday, June 16th. Royal Bank Of Canada downgraded shares of Taylor Wimpey to an "outperform" rating and reduced their price target for the company from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Berenberg Bank decreased their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a "buy" rating on the stock in a report on Monday, August 3rd. Citigroup lowered their price objective on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a "buy" rating for the company in a research report on Monday, August 3rd. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 101 target price on shares of Taylor Wimpey in a report on Monday, September 28th. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of GBX 98.
View Our Latest Analysis on TW
Taylor Wimpey Company Profile
(
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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