The price-to-earnings ratio for Taylor Morrison Home Corp. (NYSE: TMHC) is 8.07x, which is above its average ratio. Moreover, the 36-month beta value for TMHC is 1.88. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 10 as “hold,” and 0 as “sell.”
The public float for TMHC is 103.45M and currently, short sellers hold a 2.56% of that float. On April 11, 2024, TMHC’s average trading volume was 792.32K shares.
TMHC) stock’s latest price update
Taylor Morrison Home Corp. (NYSE: TMHC) has seen a decline in its stock price by -4.61 in relation to its previous close of 59.02. However, the company has experienced a -5.39% decline in its stock price over the last five trading sessions. CNBC Television reported 2024-03-25 that Taylor Morrison CEO Sheryl Palmer joins ‘Money Movers’ to discuss what she sees in demand and mortgage availability, whether the housing market relies less on all-cash deals, and more.
TMHC’s Market Performance
Taylor Morrison Home Corp. (TMHC) has experienced a -5.39% fall in stock performance for the past week, with a -2.41% drop in the past month, and a 9.19% rise in the past quarter. The volatility ratio for the week is 2.41%, and the volatility levels for the past 30 days are at 2.45% for TMHC. The simple moving average for the past 20 days is -4.91% for TMHC’s stock, with a 14.41% simple moving average for the past 200 days.
Analysts’ Opinion of TMHC
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see TMHC reach a price target of $57, previously predicting the price at $43. The rating they have provided for TMHC stocks is “Outperform” according to the report published on January 12th, 2024.
Wedbush gave a rating of “Neutral” to TMHC, setting the target price at $52 in the report published on December 18th of the previous year.
TMHC Trading at -0.82% from the 50-Day Moving Average
After a stumble in the market that brought TMHC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.12% of loss for the given period.
Volatility was left at 2.45%, however, over the last 30 days, the volatility rate increased by 2.41%, as shares sank -3.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.25% upper at present.
During the last 5 trading sessions, TMHC fell by -5.39%, which changed the moving average for the period of 200-days by +19.46% in comparison to the 20-day moving average, which settled at $59.12. In addition, Taylor Morrison Home Corp. saw 5.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TMHC starting from LYON WILLIAM H, who sale 153,000 shares at the price of $62.32 back on Mar 28 ’24. After this action, LYON WILLIAM H now owns 40,570 shares of Taylor Morrison Home Corp., valued at $9,535,590 using the latest closing price.
LYON WILLIAM H, the Director of Taylor Morrison Home Corp., sale 164,000 shares at $60.33 during a trade that took place back on Mar 22 ’24, which means that LYON WILLIAM H is holding 43,570 shares at $9,894,120 based on the most recent closing price.
Stock Fundamentals for TMHC
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.24 for the gross margin
The net margin for Taylor Morrison Home Corp. stands at 0.1. The total capital return value is set at 0.15. Equity return is now at value 15.46, with 8.97 for asset returns.
Based on Taylor Morrison Home Corp. (TMHC), the company’s capital structure generated 0.28 points at debt to capital in total, while cash flow to debt ratio is standing at 0.38. The debt to equity ratio resting at 0.39. The interest coverage ratio of the stock is 15.85.
Currently, EBITDA for the company is 1.09 billion with net debt to EBITDA at 1.19. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 40.2for trailing twelve months and the total asset turnover is 0.86. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.86.
Conclusion
To wrap up, the performance of Taylor Morrison Home Corp. (TMHC) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
