Taylor Wimpey (LON:TW) Insider Buys 199 Shares of Stock

Taylor Wimpey plc (LON:TW – Get Free Report) insider Jennie Daly purchased 199 shares of the business’s stock in a transaction dated Thursday, October 8th. The shares were purchased at an average price of GBX 76 per share, with a total value of £151.24.

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

  • On Tuesday, September 8th, Jennie Daly bought 183 shares of Taylor Wimpey stock. The shares were purchased at an average cost of GBX 82 per share, for a total transaction of £150.06.

Taylor Wimpey Trading Down 2.0%

Shares of Taylor Wimpey stock traded down GBX 1.50 on Friday, hitting GBX 74.40. 29,962,098 shares of the company traded hands, compared to its average volume of 2,409,451. The company’s 50-day simple moving average is GBX 82.17 and its 200-day simple moving average is GBX 81.75. The company has a current ratio of 4.99, a quick ratio of 0.71 and a debt-to-equity ratio of 3.06. The company has a market capitalization of £2.67 billion, a P/E ratio of 10.85, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW – Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The homebuilder reported GBX 2.50 earnings per share for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. Analysts predict that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on TW shares. Royal Bank Of Canada lowered shares of Taylor Wimpey to an “outperform” rating and lowered their price objective for the stock from GBX 115 to GBX 110 in a research note on Monday, August 3rd. Berenberg Bank reduced their target price on Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating on the stock in a research report on Monday, August 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 101 price objective on shares of Taylor Wimpey in a research report on Monday, September 28th. JPMorgan Chase & Co. dropped their price objective on shares of Taylor Wimpey from GBX 100 to GBX 70 and set an “underweight” rating on the stock in a report on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating for the company in a report on Tuesday, August 4th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of GBX 98.

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About Taylor Wimpey

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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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Insider Buying and Selling by Quarter for Taylor Wimpey (LON:TW)

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