Stifel Nicolaus restated their buy rating on shares of Taylor Wimpey (LON:TW – Free Report) in a report released on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 120 price objective on the homebuilder’s stock.
TW has been the topic of a number of other research reports. Jefferies Financial Group cut their price objective on shares of Taylor Wimpey from GBX 140 to GBX 132 and set a “buy” rating on the stock in a report on Monday, January 19th. Citigroup lowered their target price on shares of Taylor Wimpey from GBX 143 to GBX 137 and set a “buy” rating for the company in a report on Friday, January 16th. The Goldman Sachs Group began coverage on Taylor Wimpey in a research report on Monday, November 24th. They issued a “neutral” rating and a GBX 109 price target on the stock. Berenberg Bank reaffirmed a “buy” rating and set a GBX 128 price objective on shares of Taylor Wimpey in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 150 price objective on shares of Taylor Wimpey in a research note on Friday, January 16th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 125.33.
Read Our Latest Report on Taylor Wimpey
Taylor Wimpey Trading Down 2.1%
Taylor Wimpey (LON:TW – Get Free Report) last issued its quarterly 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 predict that Taylor Wimpey will post 9.8339265 earnings per share for the current year.
Taylor Wimpey declared that its Board of Directors has initiated a stock repurchase program on Thursday, March 5th that permits the company to repurchase 0 shares. This repurchase authorization permits the homebuilder to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s board believes its shares are undervalued.
Insider Activity at Taylor Wimpey
In other news, insider Jennie Daly sold 490,379 shares of the stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of GBX 101, for a total transaction of £495,282.79. Also, insider Mark Castle purchased 2,267 shares of Taylor Wimpey stock in a transaction that occurred on Monday, December 15th. The shares were purchased at an average cost of GBX 102 per share, with a total value of £2,312.34. In the last quarter, insiders bought 3,117 shares of company stock worth $321,270. Insiders own 0.87% of the company’s stock.
Taylor Wimpey News Roundup
Here are the key news stories impacting Taylor Wimpey this week:
- Positive Sentiment: Stifel Nicolaus reaffirmed its “buy” rating and set a GBX 120 price target, providing broker support that can bolster investor confidence. Digital Look
- Positive Sentiment: Taylor Wimpey said it met profit guidance and has adjusted its payout structure — meeting guidance reduces downside risk even if the payout change introduces uncertainty about cash returns. Taylor Wimpey meets profit guidance, shifts payout structure
- Neutral Sentiment: The Board approved a share buyback authorization to repurchase stock via the open market, which signals management thinks the shares may be undervalued — the announcement did not specify a firm buyback size in the public note, leaving the practical impact unclear. RTT News
- Neutral Sentiment: Coverage notes that Taylor Wimpey offers income but limited growth potential, a profile that may appeal to income investors but limit rerating for growth-focused money. Investors Chronicle
- Negative Sentiment: Insider selling: Jennie Daly sold 490,379 shares at an average of GBX 101 (~£495k). Large insider disposals often weigh on sentiment even if they have benign explanations. MarketBeat TW
- Negative Sentiment: Press coverage highlights margin pressure and a profit warning tone despite meeting guidance — weak margins (reported net margin ~2.4% and ROE ~1.97%) increase sensitivity to cost or pricing shocks and cap upside. MSN article
- Negative Sentiment: Quarterly result: reported GBX 8 EPS with low margins and ROE, underscoring limited near-term earnings leverage and keeping valuation upside capped until margins improve. MarketBeat TW
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.
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