Taylor Wimpey (LON:TW) Issues Earnings Results

Taylor Wimpey (LON:TWGet Free Report) announced its quarterly earnings data on Thursday. The homebuilder reported GBX 8.40 ($0.11) earnings per share 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 Performance

TW opened at GBX 111.95 ($1.41) on Friday. The stock’s fifty day moving average price is GBX 117.04 and its two-hundred day moving average price is GBX 138.95. The firm has a market capitalization of £4.02 billion, a P/E ratio of 16.33, a P/E/G 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.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. cut Taylor Wimpey to a “neutral” rating and lowered their price target for the company from GBX 170 ($2.14) to GBX 150 ($1.89) in a research note 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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