Taylor Wimpey (LON:TW) Posts Quarterly Earnings Results

Taylor Wimpey (LON:TWGet Free Report) released its quarterly earnings data on Thursday. The homebuilder reported GBX 8.40 ($0.11) EPS for the quarter, Digital Look Earnings reports. Taylor Wimpey had a net margin of 7.25% and a return on equity of 5.50%.

Taylor Wimpey Trading Up 1.2 %

Shares of LON TW traded up GBX 1.40 ($0.02) during midday trading on Thursday, reaching GBX 114.60 ($1.45). 25,367,864 shares of the stock were exchanged, compared to its average volume of 2,409,451. The stock’s 50-day simple moving average is GBX 117.25 and its 200 day simple moving average is GBX 139.12. The company has a debt-to-equity ratio of 2.79, a current ratio of 5.08 and a quick ratio of 0.71. The stock has a market capitalization of £4.12 billion, a P/E ratio of 16.72, a P/E/G ratio of 2.04 and a beta of 1.81.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. lowered shares of Taylor Wimpey to a “neutral” rating and lowered their price target for the company from GBX 170 ($2.16) to GBX 150 ($1.90) in a research report on Thursday, December 5th.

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About Taylor Wimpey

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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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