Taylor Wimpey (LON:TW) Announces Earnings Results

Taylor Wimpey (LON:TWGet Free Report) released its earnings results on Thursday. The homebuilder reported GBX 8.40 ($0.11) earnings per share (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 Stock Down 2.3 %

Shares of LON TW opened at GBX 111.95 ($1.41) on Friday. The company has a debt-to-equity ratio of 2.79, a quick ratio of 0.71 and a current ratio of 5.08. The company has a market capitalization of £4.02 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 2.04 and a beta of 1.81. The business’s 50-day moving average is GBX 117.04 and its two-hundred day moving average is GBX 138.95.

Analyst Ratings Changes

Separately, JPMorgan Chase & Co. downgraded Taylor Wimpey to a “neutral” rating and dropped their price objective 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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Taylor Wimpey Company Profile

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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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