Taylor Wimpey (LON:TW) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Taylor Wimpey plc (LON:TW)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 118.62 ($1.58) and traded as low as GBX 116.33 ($1.55). Taylor Wimpey shares last traded at GBX 118.60 ($1.58), with a volume of 13,713,038 shares traded.

Analysts Set New Price Targets

TW has been the topic of a number of recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 175 ($2.34) price objective on shares of Taylor Wimpey in a research report on Monday, March 3rd. Berenberg Bank reissued a “buy” rating and set a GBX 150 ($2.00) price objective on shares of Taylor Wimpey in a research report on Wednesday, April 30th.

Taylor Wimpey Stock Down 0.3%

The firm has a fifty day moving average of GBX 112.68 and a 200 day moving average of GBX 118.62. The stock has a market cap of £4.25 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 2.04 and a beta of 1.81. The company has a quick ratio of 0.71, a current ratio of 5.08 and a debt-to-equity ratio of 2.79.

Taylor Wimpey (LON:TW) last posted its earnings results on Thursday, February 27th. The homebuilder reported GBX 8.40 ($0.11) earnings per share for the quarter. Taylor Wimpey had a return on equity of 5.50% and a net margin of 7.25%. On average, equities research analysts anticipate that Taylor Wimpey plc will post 9.8339265 EPS for the current fiscal year.

Taylor Wimpey Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, April 8th. Investors of record on Monday, March 3rd were paid a dividend of GBX 4.66 ($0.06) per share. The ex-dividend date was Monday, March 3rd. This represents a yield of 4.05%. Taylor Wimpey’s dividend payout ratio is currently 145.88%.

Insider Transactions at Taylor Wimpey

In related news, insider Jennie Daly acquired 44,679 shares of Taylor Wimpey stock in a transaction on Monday, March 3rd. The stock was purchased at an average cost of GBX 112 ($1.50) per share, with a total value of £50,040.48 ($66,836.49). Also, insider Chris Carney purchased 117,254 shares of the business’s stock in a transaction dated Tuesday, March 25th. The shares were bought at an average price of GBX 114 ($1.52) per share, with a total value of £133,669.56 ($178,535.54). Insiders own 0.87% of the company’s stock.

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.