Taylor Wimpey plc (LON:TW) Insider Acquires £50,040.48 in Stock

Taylor Wimpey plc (LON:TW) insider Jennie Daly purchased 44,679 shares of the firm’s stock in a transaction on Monday, March 3rd. The stock was acquired at an average price of GBX 112 ($1.44) per share, with a total value of £50,040.48 ($64,501.78).

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

• On Thursday, February 27th, Jennie Daly sold 358,158 shares of Taylor Wimpey stock. The stock was sold at an average price of GBX 112 ($1.44), for a total transaction of £401,136.96 ($517,062.34).
• On Wednesday, January 8th, Jennie Daly bought 133 shares of Taylor Wimpey stock. The shares were bought at an average cost of GBX 113 ($1.46) per share, with a total value of £150.29 ($193.72).

Taylor Wimpey Stock Up 0.1 %

TW stock opened at GBX 111.70 ($1.44) on Thursday. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79. The firm has a 50-day moving average price of GBX 116.46 and a two-hundred day moving average price of GBX 137.64. The firm has a market capitalization of £4.02 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81.

Taylor Wimpey (LON:TW) last announced its quarterly earnings data on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. Research analysts expect that Taylor Wimpey plc will post 9.8339265 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 175 ($2.26) price target on shares of Taylor Wimpey in a research report on Monday. JPMorgan Chase & Co. cut Taylor Wimpey to a “neutral” rating and reduced their target price for the company from GBX 170 ($2.19) to GBX 150 ($1.93) in a report on Thursday, December 5th.

About Taylor Wimpey

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.