Taylor Wimpey (LON:TW) Stock: Insider Chris Carney Purchases 198 Shares

Taylor Wimpey plc (LON:TW) insider Chris Carney acquired 198 shares of the firm’s stock in a transaction on Thursday, October 8th. The stock was purchased at an average cost of GBX 76 per share, with a total value of £150.48.

Chris Carney also recently made the following trade(s):

• On Tuesday, September 8th, Chris Carney purchased 184 shares of Taylor Wimpey stock. The stock was acquired at an average cost of GBX 82 per share, with a total value of £150.88.

Taylor Wimpey Price Performance

Taylor Wimpey stock traded down GBX 1.50 during midday trading on Friday, reaching GBX 74.40. The company’s stock had a trading volume of 29,962,098 shares, compared to its average volume of 2,409,451. The stock’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 debt-to-equity ratio of 3.06, a current ratio of 4.99 and a quick ratio of 0.71. The firm has a market capitalization of £2.67 billion, a PE ratio of 10.85, a P/E/G ratio of 2.04 and a beta of 1.30.

Taylor Wimpey (LON:TW) last announced its quarterly earnings data on Friday, July 31st. The homebuilder reported GBX 2.50 EPS for the quarter. Taylor Wimpey had a net margin of 6.43% and a return on equity of 5.99%. As a group, equities research analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Berenberg Bank cut their price objective on shares of Taylor Wimpey from GBX 100 to GBX 95 and set a “buy” rating for the company in a research report on Monday, August 3rd. Royal Bank Of Canada lowered Taylor Wimpey to an “outperform” rating and lowered their price target for the stock from GBX 115 to GBX 110 in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Taylor Wimpey from GBX 96 to GBX 82 and set a “hold” rating on the stock in a report on Tuesday, August 4th. Citigroup dropped their price objective on Taylor Wimpey from GBX 137 to GBX 105 and set a “buy” rating for the company in a research report on Monday, August 3rd. Finally, Jefferies Financial Group restated a “buy” rating and set a GBX 101 price objective on shares of Taylor Wimpey in a report on Monday, September 28th. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of GBX 98.

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.