Taylor Wimpey plc (LON:TW) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analyst consensus: Ten analysts give Taylor Wimpey an average recommendation of "Moderate Buy," split evenly with five buys and five holds, and an average 12‑month price target of GBX 114.60.
• Insider buying: Company insiders including Chris Carney and Jennie Daly bought shares at GBX 86 on March 25, with insiders acquiring 230,222 shares in the last quarter and owning 0.87% of the company.
• Price and fundamentals: Shares trade at GBX 82.44, below both the 50‑day (GBX 91.62) and 200‑day (GBX 100.82) moving averages, with a market cap of £2.96bn and a P/E of 12.03.

Taylor Wimpey plc (LON:TW - Get Free Report) has been given an average recommendation of "Moderate Buy" by the ten ratings firms that are covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 114.60.

Several equities analysts recently commented on TW shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 150 price objective on shares of Taylor Wimpey in a research report on Friday, January 16th. Bank of America cut their price target on shares of Taylor Wimpey from GBX 110 to GBX 90 and set a "neutral" rating on the stock in a research note on Monday, March 30th. Berenberg Bank decreased their price target on shares of Taylor Wimpey from GBX 120 to GBX 105 and set a "buy" rating for the company in a report on Wednesday, April 29th. Stifel Nicolaus reiterated a "buy" rating and set a GBX 120 price objective on shares of Taylor Wimpey in a research note on Thursday, March 5th. Finally, Citigroup dropped their price objective on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a "buy" rating on the stock in a report on Friday, January 16th.

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Insider Activity

In other news, insider Chris Carney acquired 90,361 shares of the business's stock in a transaction dated Wednesday, March 25th. The shares were acquired at an average cost of GBX 86 per share, with a total value of £77,710.46. Also, insider Jennie Daly acquired 139,270 shares of Taylor Wimpey stock in a transaction dated Wednesday, March 25th. The stock was purchased at an average price of GBX 86 per share, with a total value of £119,772.20. In the last quarter, insiders have acquired 230,222 shares of company stock worth $19,808,326. Company insiders own 0.87% of the company's stock.

Taylor Wimpey Price Performance

Shares of TW stock opened at GBX 82.44 on Thursday. The stock's fifty day simple moving average is GBX 91.62 and its two-hundred day simple moving average is GBX 100.82. The stock has a market cap of £2.96 billion, a P/E ratio of 12.03, a price-to-earnings-growth ratio of 2.04 and a beta of 1.30. The company has a current ratio of 4.96, a quick ratio of 0.71 and a debt-to-equity ratio of 2.96.

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

Taylor Wimpey announced that its Board of Directors has approved a share buyback program on Thursday, March 5th that permits the company to buyback 0 shares. This buyback authorization permits the homebuilder to reacquire shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board believes its stock is undervalued.

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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