Taylor Wimpey (LON:TW) Hits New 1-Year Low - Should You Sell?

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 98.90 ($1.29) and last traded at GBX 103.95 ($1.36), with a volume of 38342096 shares. The stock had previously closed at GBX 103.65 ($1.36).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 175 ($2.29) price target on shares of Taylor Wimpey in a report on Monday, March 3rd.

Taylor Wimpey Stock Down 0.3 %

The company has a market capitalization of £3.74 billion, a P/E ratio of 15.19, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79. The firm has a fifty day simple moving average of GBX 112.11 and a 200-day simple moving average of GBX 126.90.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share for the quarter. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%. On average, equities research analysts expect that Taylor Wimpey plc will post 9.8339265 EPS for the current fiscal year.

Taylor Wimpey Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 8th. Shareholders of record on Monday, March 3rd were paid a GBX 4.66 ($0.06) dividend. This represents a yield of 4.05%. The ex-dividend date was Monday, March 3rd. Taylor Wimpey's payout ratio is 145.88%.

Insider Activity

In related news, insider Jennie Daly sold 358,158 shares of the stock in a transaction that occurred on Thursday, February 27th. The stock was sold at an average price of GBX 112 ($1.47), for a total transaction of £401,136.96 ($525,048.38). Also, insider Chris Carney purchased 117,254 shares of the stock in a transaction on Tuesday, March 25th. The shares were bought at an average cost of GBX 114 ($1.49) per share, for a total transaction of £133,669.56 ($174,960.16). 0.87% of the stock is owned by corporate insiders.

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.