Taylor Wimpey plc (LON:TW – Get Free Report) insider Chris Carney sold 329,993 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The shares were sold at an average price of GBX 101, for a total value of £333,292.93.
Chris Carney also recently made the following trade(s):
- On Monday, February 9th, Chris Carney bought 138 shares of Taylor Wimpey stock. The shares were purchased at an average cost of GBX 108 per share, with a total value of £149.04.
- On Thursday, January 8th, Chris Carney bought 140 shares of Taylor Wimpey stock. The stock was purchased at an average price of GBX 108 per share, for a total transaction of £151.20.
Taylor Wimpey Stock Down 2.1%
TW stock opened at GBX 98.44 on Monday. The company has a current ratio of 4.96, a quick ratio of 0.71 and a debt-to-equity ratio of 2.96. The firm has a market capitalization of £3.54 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 2.04 and a beta of 1.35. The firm has a 50-day moving average price of GBX 109.06 and a two-hundred day moving average price of GBX 104.38.
Taylor Wimpey declared that its Board of Directors has initiated a share repurchase plan on Thursday, March 5th that allows the company to repurchase 0 outstanding shares. This repurchase authorization allows the homebuilder to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.
Key Taylor Wimpey News
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
Analyst Upgrades and Downgrades
A number of brokerages have weighed in on TW. Citigroup lowered 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. Stifel Nicolaus restated a “buy” rating and set a GBX 120 price target on shares of Taylor Wimpey in a report on Thursday. The Goldman Sachs Group started coverage on shares of Taylor Wimpey in a research report on Monday, November 24th. They set a “neutral” rating and a GBX 109 price objective for the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 128 price objective on shares of Taylor Wimpey in a research note on Thursday, January 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 150 target price on shares of Taylor Wimpey in a research report on Friday, January 16th. Five analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of GBX 125.33.
View Our Latest Research Report on 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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