Taylor Wimpey (LON:TW) Stock Crosses Below 200-Day Moving Average - Time to Sell?

Key Points

• Technical breach: Shares of Taylor Wimpey crossed below their 200-day moving average (200‑day MA GBX 103.39), trading as low as GBX 83.27 and last at GBX 84.56 — a potential bearish signal.
• Analyst view mixed but tilted positive: Five analysts rate it Buy and five Hold with a consensus "Moderate Buy" and an average price target of GBX 121, though several firms recently trimmed targets (e.g., Jefferies to GBX 132, BofA to GBX 90).
• Management and insiders showing confidence: The board authorized a share buyback program and insiders purchased 230,501 shares in the last three months (insiders own 0.87% of the stock), indicating belief the shares may be undervalued.

Shares of Taylor Wimpey plc (LON:TW - Get Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 103.39 and traded as low as GBX 83.27. Taylor Wimpey shares last traded at GBX 84.56, with a volume of 0 shares.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on TW shares. Jefferies Financial Group decreased their price target on Taylor Wimpey from GBX 140 to GBX 132 and set a "buy" rating for the company in a research note on Monday, January 19th. Stifel Nicolaus reaffirmed a "buy" rating and issued a GBX 120 price objective on shares of Taylor Wimpey in a report on Thursday, March 5th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 150 price objective on shares of Taylor Wimpey in a report on Friday, January 16th. Bank of America cut their price objective on Taylor Wimpey from GBX 110 to GBX 90 and set a "neutral" rating for the company in a report on Monday, March 30th. Finally, Berenberg Bank cut their price objective on Taylor Wimpey from GBX 128 to GBX 120 and set a "buy" rating for the company in a report on Tuesday, March 10th. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of GBX 121.

Taylor Wimpey Stock Down 1.2%

The company has a quick ratio of 0.71, a current ratio of 4.96 and a debt-to-equity ratio of 2.96. The company has a market cap of £3.04 billion, a P/E ratio of 12.34, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The company has a fifty day moving average of GBX 102.44 and a 200 day moving average of GBX 103.39.

Taylor Wimpey (LON:TW - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 2.40% and a net margin of 2.61%. On average, research analysts anticipate that Taylor Wimpey plc will post 9.8339265 earnings per share for the current fiscal year.

Taylor Wimpey announced that its board has initiated a stock buyback plan on Thursday, March 5th that authorizes the company to buyback 0 shares. This buyback authorization authorizes the homebuilder to buy shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its stock is undervalued.

Insider Activity

In related news, insider Chris Carney purchased 90,361 shares of the business's stock in a transaction on Wednesday, March 25th. The stock was acquired at an average price of GBX 86 per share, with a total value of £77,710.46. Also, insider Jennie Daly purchased 139,270 shares of the business's stock in a transaction on Wednesday, March 25th. The shares were bought at an average cost of GBX 86 per share, with a total value of £119,772.20. Insiders have acquired 230,501 shares of company stock valued at $19,838,458 in the last three months. 0.87% of the stock is currently 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.

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