Taylor Wimpey (LON:TW) Insider Purchases 183 Shares of Stock

Key Points

• Insider purchase: Taylor Wimpey director Jennie Daly bought 183 shares at GBX 82 each, spending £150.06. She also purchased 197 shares worth £149.72 in July.
• Stock performance and fundamentals: Shares traded at GBX 81.64, with a market capitalization of approximately £2.93 billion and a P/E ratio of 11.91. The company recently reported quarterly EPS of GBX 2.50.
• Analyst outlook: Analysts’ consensus rating is “Hold,” with a target price of GBX 99.20; five analysts rate the stock a Buy, four a Hold, and one a Sell.

Taylor Wimpey plc (LON:TW - Get Free Report) insider Jennie Daly bought 183 shares of the firm's stock in a transaction that occurred on Tuesday, September 8th. The shares were purchased at an average cost of GBX 82 per share, for a total transaction of £150.06.

Jennie Daly also recently made the following trade(s):

• On Wednesday, July 8th, Jennie Daly purchased 197 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 76 per share, with a total value of £149.72.

Taylor Wimpey Price Performance

Shares of Taylor Wimpey stock traded down GBX 0.06 during midday trading on Wednesday, hitting GBX 81.64. 9,513,107 shares of the company were exchanged, compared to its average volume of 2,409,451. The firm has a 50 day simple moving average of GBX 82.37 and a 200 day simple moving average of GBX 85.39. The company has a debt-to-equity ratio of 3.06, a quick ratio of 0.71 and a current ratio of 4.99. The company has a market capitalization of £2.93 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW - Get Free Report) last posted its earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Equities research analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently commented on TW. Berenberg Bank dropped their price objective on Taylor Wimpey from GBX 100 to GBX 95 and set a "buy" rating for the company in a report on Monday, August 3rd. JPMorgan Chase & Co. cut their price target on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an "underweight" rating on the stock in a research report on Tuesday, June 16th. Citigroup lowered their target price on shares of Taylor Wimpey from GBX 137 to GBX 105 and set a "buy" rating for the company in a research note on Monday, August 3rd. Jefferies Financial Group reduced their target price on Taylor Wimpey from GBX 102 to GBX 101 and set a "buy" rating on the stock in a report on Wednesday, August 12th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on Taylor Wimpey from GBX 96 to GBX 82 and set a "hold" rating on the stock in a report on Tuesday, August 4th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of GBX 99.20.

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.

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