Taylor Wimpey (LON:TW) Insider Chris Carney Purchases 151 Shares

Key Points

• Insider Chris Carney purchased 151 shares of Taylor Wimpey at an average price of GBX 100 per share on September 8th, following previous purchases of 148 and 133 shares in August and July, respectively.
• Taylor Wimpey shares experienced a slight decrease of 0.2% to GBX 98.62, with a significant trading volume of over 17 million shares compared to the average volume of 2.4 million.
• Analysts have given Taylor Wimpey a consensus rating of "Moderate Buy," with target prices ranging from GBX 122 to GBX 147, reflecting differing outlooks on the company's performance.

Taylor Wimpey plc (LON:TW - Get Free Report) insider Chris Carney purchased 151 shares of Taylor Wimpey stock in a transaction dated Monday, September 8th. The shares were purchased at an average price of GBX 100 per share, with a total value of £151.

Chris Carney also recently made the following trade(s):

• On Friday, August 8th, Chris Carney purchased 148 shares of Taylor Wimpey stock. The shares were purchased at an average price of GBX 101 per share, with a total value of £149.48.
• On Tuesday, July 8th, Chris Carney purchased 133 shares of Taylor Wimpey stock. The shares were purchased at an average price of GBX 112 per share, with a total value of £148.96.

Taylor Wimpey Trading Down 0.2%

Shares of TW traded down GBX 0.24 during mid-day trading on Friday, reaching GBX 97.76. 10,209,146 shares of the stock traded hands, compared to its average volume of 2,409,451. The business has a 50-day simple moving average of GBX 103.39 and a two-hundred day simple moving average of GBX 110.82. The firm has a market cap of £3.51 billion, a P/E ratio of 14.26, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 EPS for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. On average, sell-side analysts anticipate that Taylor Wimpey plc will post 9.8339265 EPS for the current year.

Analyst Upgrades and Downgrades

TW has been the subject of several research reports. Royal Bank Of Canada cut their target price on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a "sector perform" rating for the company in a research report on Thursday, July 31st. Citigroup cut their target price on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a "buy" rating for the company in a research report on Thursday, July 24th. JPMorgan Chase & Co. reiterated a "neutral" rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Berenberg Bank reiterated a "buy" rating and issued a GBX 135 target price on shares of Taylor Wimpey in a research report on Monday, September 8th. Finally, Deutsche Bank Aktiengesellschaft cut their target price on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a "hold" rating for the company in a research report on Tuesday, August 5th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 143.17.

Taylor Wimpey Company Profile

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.