Chris Carney Buys 151 Shares of Taylor Wimpey (LON:TW) Stock

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 the company's stock in a transaction that occurred on Monday, September 8th. The stock was bought at an average cost 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 stock was bought at an average cost 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 stock was bought at an average cost of GBX 112 per share, with a total value of £148.96.

Taylor Wimpey Price Performance

TW stock traded up GBX 0.74 during midday trading on Friday, reaching GBX 98. The company had a trading volume of 10,945,667 shares, compared to its average volume of 2,409,451. The stock has a market capitalization of £3.52 billion, a P/E ratio of 14.30, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company's fifty day simple moving average is GBX 103.73 and its 200 day simple moving average is GBX 110.97. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71.

Taylor Wimpey (LON:TW - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The homebuilder reported GBX 3.20 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. As a group, research analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on TW. JPMorgan Chase & Co. reissued a "neutral" rating on shares of Taylor Wimpey in a research note on Thursday, July 31st. Berenberg Bank reaffirmed a "buy" rating and set a GBX 135 target price on shares of Taylor Wimpey in a research note on Monday. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Taylor Wimpey from GBX 136 to GBX 122 and set a "hold" rating on the stock in a research note on Tuesday, August 5th. Citigroup decreased their target price on shares of Taylor Wimpey from GBX 150 to GBX 147 and set a "buy" rating on the stock in a research note on Thursday, July 24th. Finally, Royal Bank Of Canada decreased their target price on shares of Taylor Wimpey from GBX 135 to GBX 130 and set a "sector perform" rating on the stock in a research note on Thursday, July 31st. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of GBX 143.17.

About Taylor Wimpey

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.