Taylor Morrison Home Corp Receives Average Recommendation of “Hold” from Brokerages (NASDAQ:TMHC)
Shares of Taylor Morrison Home Corp (NASDAQ:TMHC) have earned an average recommendation of “Hold” from the nine ratings firms that are covering the company, Stock Ratings Network.com reports. Five investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $26.06.
Separately, analysts at Susquehanna upgraded shares of Taylor Morrison Home Corp from a “neutral” rating to a “positive” rating in a research note on Friday. They now have a $24.00 price target on the stock.
Taylor Morrison Home Corp (NASDAQ:TMHC) opened at 17.91 on Friday. Taylor Morrison Home Corp has a 52 week low of $17.28 and a 52 week high of $26.37. The stock has a 50-day moving average of $20.71 and a 200-day moving average of $21.85. The company has a market cap of $588.5 million and a price-to-earnings ratio of 10.23.
Taylor Morrison Home Corp (NASDAQ:TMHC) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.33 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.06. The company had revenue of $519.20 million for the quarter, compared to the consensus estimate of $512.60 million. Taylor Morrison Home Corp’s revenue was up 36.1% compared to the same quarter last year. Analysts expect that Taylor Morrison Home Corp will post $1.96 EPS for the current fiscal year.
Taylor Morrison Home Corporation, incorporated on November 15, 2012, is a homebuilder in North America.
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