Taylor Wimpey (LON:TW) Insider Jennie Daly Acquires 178 Shares

Taylor Wimpey plc (LON:TW) insider Jennie Daly acquired 178 shares of the stock in a transaction dated Friday, May 8th. The stock was acquired at an average cost of GBX 84 per share, with a total value of £149.52.

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

• On Wednesday, March 25th, Jennie Daly bought 139,270 shares of Taylor Wimpey stock. The shares were acquired at an average price of GBX 86 per share, for a total transaction of £119,772.20.
• On Monday, March 9th, Jennie Daly purchased 157 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 96 per share, for a total transaction of £150.72.
• On Thursday, March 5th, Jennie Daly sold 490,379 shares of Taylor Wimpey stock. The shares were sold at an average price of GBX 101, for a total value of £495,282.79.

Taylor Wimpey Stock Down 0.0%

Shares of TW stock traded down GBX 0.02 during trading hours on Monday, hitting GBX 82.82. 27,156,498 shares of the company were exchanged, compared to its average volume of 2,409,451. The business’s 50-day moving average price is GBX 90.97 and its two-hundred day moving average price is GBX 100.65. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.71 and a current ratio of 4.96. The stock has a market cap of £2.98 billion, a price-to-earnings ratio of 12.08, a PEG ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last released its earnings results on Thursday, March 5th. The homebuilder reported GBX 8 earnings per share (EPS) for the quarter. Taylor Wimpey had a net margin of 2.61% and a return on equity of 2.40%. Analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Taylor Wimpey declared that its Board of Directors has authorized a stock repurchase program on Thursday, March 5th that permits the company to repurchase 0 outstanding shares. This repurchase authorization permits the homebuilder to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on TW shares. JPMorgan Chase & Co. dropped their price target on Taylor Wimpey from GBX 120 to GBX 100 and set a “neutral” rating for the company in a research note on Wednesday, April 29th. Citigroup decreased their target price on Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. Jefferies Financial Group dropped their target price on shares of Taylor Wimpey from GBX 105 to GBX 103 and set a “buy” rating for the company in a research report on Tuesday, May 5th. 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 report on Monday, March 30th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of Taylor Wimpey from GBX 122 to GBX 96 and set a “hold” rating on the stock in a research report on Monday. Five research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 112.

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.