Taylor Wimpey (TWODY) Expected to Release Earnings on Friday

Taylor Wimpey (OTCMKTS:TWODY) is expected to announce its resultson Friday, July 31st. Analysts expect the company to announce earnings of $0.2482 per share and revenue of $2.1463 billion for the quarter.

Taylor Wimpey Stock Performance

OTCMKTS:TWODY opened at $10.90 on Friday. Taylor Wimpey has a 52-week low of $9.79 and a 52-week high of $16.00. The stock’s 50 day moving average price is $10.59 and its 200 day moving average price is $12.25.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. The Goldman Sachs Group downgraded shares of Taylor Wimpey from a “hold” rating to a “strong sell” rating in a research report on Tuesday, May 26th. Rothschild & Co Redburn downgraded shares of Taylor Wimpey from a “strong-buy” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce”.

About Taylor Wimpey

Taylor Wimpey plc is a leading residential developer headquartered in High Wycombe, Buckinghamshire, United Kingdom. The company specializes in the acquisition, planning and construction of new homes for private sale, affordable housing and joint‐venture partnerships. With a focus on delivering quality, sustainable communities, Taylor Wimpey guides projects from initial land sourcing and development planning through to marketing, build‐out and after‐sales management.

Founded in 2007 through the merger of Taylor Woodrow and George Wimpey—each with roots dating back to the early 20th century—Taylor Wimpey has grown to become one of the largest homebuilders in the UK.