Jennie Daly Sells 490,379 Shares of Taylor Wimpey (LON:TW) Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly sold 490,379 shares of the company’s stock in a transaction dated Thursday, March 5th. The shares were sold at an average price of GBX 101, for a total transaction of £495,282.79.

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

• On Monday, February 9th, Jennie Daly purchased 139 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 108 per share, with a total value of £150.12.
• On Thursday, January 8th, Jennie Daly acquired 139 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 108 per share, for a total transaction of £150.12.
• On Monday, December 8th, Jennie Daly acquired 147 shares of Taylor Wimpey stock. The stock was bought at an average price of GBX 102 per share, for a total transaction of £149.94.

Taylor Wimpey Price Performance

Shares of TW traded down GBX 1.35 during mid-day trading on Friday, reaching GBX 100.55. The company had a trading volume of 38,546,870 shares, compared to its average volume of 2,409,451. The company has a quick ratio of 0.71, a current ratio of 4.58 and a debt-to-equity ratio of 2.94. The stock has a market cap of £3.61 billion, a P/E ratio of 14.67, a P/E/G ratio of 2.04 and a beta of 1.35. The stock’s fifty day moving average price is GBX 109.13 and its 200-day moving average price is GBX 104.32.

Taylor Wimpey (LON:TW) last announced 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 1.97% and a net margin of 2.40%. As a group, equities analysts expect that Taylor Wimpey plc will post 9.8339265 EPS for the current fiscal year.

Taylor Wimpey announced that its Board of Directors has approved a stock buyback plan on Thursday, March 5th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the homebuilder to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Key Taylor Wimpey News

Here are the key news stories impacting Taylor Wimpey this week:

• Positive Sentiment: Board authorises a share buyback, signalling management believes the stock is undervalued. The announcement may support the share price if repurchases follow. Read More.
• Positive Sentiment: Stifel Nicolaus reaffirmed a “buy” rating with a GBX 120 price target, providing broker support and a clear upside reference for investors. Read More.
• Neutral Sentiment: Quarterly results: Taylor Wimpey reported GBX 8 EPS and reiterated profit guidance (metrics show low margins and modest ROE), which is neither clearly bullish nor deeply bearish on its own. Read More.
• Neutral Sentiment: Analyst/press take: Investors’ Chronicle describes the stock as offering income with limited growth, underscoring why yield-focused investors may remain interested while growth-focused investors stay cautious. Read More.
• Negative Sentiment: Taylor Wimpey warned on profit as margin pressures deepen and said it is shifting its payout structure — that combination increases uncertainty around near-term earnings and dividends and is weighing on the share price today. Read More.

Analysts Set New Price Targets

Several brokerages recently issued reports on TW. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 150 price target on shares of Taylor Wimpey in a report on Friday, January 16th. Jefferies Financial Group dropped their price objective on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating for the company in a report on Monday, January 19th. The Goldman Sachs Group assumed coverage on shares of Taylor Wimpey in a research note on Monday, November 24th. They issued a “neutral” rating and a GBX 109 target price for the company. Citigroup decreased their price target on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating on the stock in a research report on Friday, January 16th. Finally, Stifel Nicolaus reiterated a “buy” rating and issued a GBX 120 price objective on shares of Taylor Wimpey in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 125.33.

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.