Taylor Wimpey (LON:TW) Releases Earnings Results

Taylor Wimpey (LON:TW - Get Free Report) announced its earnings results on Thursday. The homebuilder reported GBX 8.40 ($0.11) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%.

Taylor Wimpey Stock Up 1.3 %

TW traded up GBX 1.40 ($0.02) during midday trading on Monday, reaching GBX 113.35 ($1.43). The company had a trading volume of 288,514,949 shares, compared to its average volume of 2,409,451. The company's 50-day moving average price is GBX 116.85 and its 200-day moving average price is GBX 138.36. The firm has a market capitalization of £4.07 billion, a P/E ratio of 16.54, a P/E/G ratio of 2.04 and a beta of 1.81. The company has a current ratio of 5.08, a quick ratio of 0.71 and a debt-to-equity ratio of 2.79.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. downgraded shares of Taylor Wimpey to a "neutral" rating and dropped their price objective for the stock from GBX 170 ($2.14) to GBX 150 ($1.89) in a report on Thursday, December 5th.

Insiders Place Their Bets

In other Taylor Wimpey news, insider Jennie Daly bought 44,679 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were bought at an average price of GBX 112 ($1.41) per share, with a total value of £50,040.48 ($63,078.89). In the last 90 days, insiders have bought 44,929 shares of company stock worth $5,034,053. Company insiders own 0.87% of the company's stock.

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.