Taylor Wimpey plc (LON:TW) Insider Jennie Daly Purchases 148 Shares

Key Points

• Insider Jennie Daly purchased 148 shares of Taylor Wimpey stock at an average cost of GBX 101 ($1.36), totaling £149.48 on August 8th.
• Taylor Wimpey's shares increased by 0.7% during trading, reaching GBX 101.10 ($1.36), with a market cap of £3.63 billion.
• Analysts have mixed views on Taylor Wimpey, with price targets decreasing and an average rating of "Moderate Buy" reflecting a cautious outlook.

Taylor Wimpey plc (LON:TW - Get Free Report) insider Jennie Daly acquired 148 shares of Taylor Wimpey stock in a transaction dated Friday, August 8th. The stock was purchased at an average cost of GBX 101 ($1.37) per share, for a total transaction of £149.48 ($202.60).

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

• On Tuesday, July 8th, Jennie Daly bought 134 shares of Taylor Wimpey stock. The stock was purchased at an average price of GBX 112 ($1.52) per share, with a total value of £150.08 ($203.42).
• On Monday, June 9th, Jennie Daly acquired 130 shares of Taylor Wimpey stock. The shares were bought at an average price of GBX 115 ($1.56) per share, with a total value of £149.50 ($202.63).

Taylor Wimpey Trading Down 0.6%

Shares of LON:TW traded down GBX 0.65 ($0.01) during trading on Friday, reaching GBX 100.80 ($1.37). The stock had a trading volume of 12,317,765 shares, compared to its average volume of 2,409,451. The stock has a 50 day moving average of GBX 111.91 and a 200-day moving average of GBX 113.49. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The firm has a market cap of £3.62 billion, a P/E ratio of 14.70, a P/E/G ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The homebuilder reported GBX 3.20 ($0.04) earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Equities research analysts forecast that Taylor Wimpey plc will post 9.8339265 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on TW shares. Berenberg Bank cut their target price on shares of Taylor Wimpey from GBX 150 ($2.03) to GBX 135 ($1.83) and set a "buy" rating for the company in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of Taylor Wimpey from GBX 136 ($1.84) to GBX 122 ($1.65) and set a "hold" rating on the stock in a research note on Tuesday, August 5th. Royal Bank Of Canada decreased their target price on shares of Taylor Wimpey from GBX 135 ($1.83) to GBX 130 ($1.76) and set a "sector perform" rating on the stock in a research note on Thursday, July 31st. Citigroup dropped their target price on shares of Taylor Wimpey from GBX 150 ($2.03) to GBX 147 ($1.99) and set a "buy" rating on the stock in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. reissued a "neutral" rating on shares of Taylor Wimpey in a research report on Thursday, July 31st. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of GBX 143.17 ($1.94).

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.