As of Wednesday close, Taylor Morrison Home Corporation’s (NYSE:TMHC) stock was up $0.46, moving up 2.21 percent to $21.26. The average number of shares traded per day over the past five days has been 2,267,100 shares. 1 time new highs have been achieved over the past 5 days, with a -$3.25 fall in that time frame. In the last twenty days, the average volume was 1,352,345, while in the previous 50 days, it was 1,228,402.
Since last month, TMHC stock retreated -23.88%. Shares of the company fell to $20.05 on 06/17/22, the lowest level in the past month. A 52-week high of $35.51 was reached on 01/03/22 after having rallying from a 52-week low of $20.05. Since the beginning of this year, TMHC’s stock price has dropped by -39.19% or -$13.70, and marked a new high 1 time. However, the stock has declined by -40.13% since its 52-week high.
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Taylor Morrison Home Corporation (TMHC) last reported insider trading activity 106 days ago on Mar 09. Terracciano Joseph, the Chief Accounting Officer of the company, disposed of 794 shares for $31.10 on Mar 09. It resulted in a $24,693 divestment by the insider. Terracciano Joseph sold 684 shares at an average price of $29.22 on Feb 25. The insider now owns 0 shares following the transaction. On Feb 22, Director Hunt Gary H sold 2,356 shares at $28.51 apiece. The transaction was valued at $67,170.
Right now, Taylor Morrison Home Corporation (TMHC) has a P/E ratio of about 3.60. The stock’s beta is 1.73. Besides these, the trailing price-to-sales (P/S) ratio of 0.34, the price-to-book (PB) ratio of 0.64, and the price-to-cash flow ratio of 4.68 may also be considered.
According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.75, and the total debt-to-equity ratio was 0.75. On the profitability front, the trailing twelve-month gross margin is 21.40% percent. In the year ended March 30, operating margins totaled 12.40%. Based on annual data, TMHC earned $1.55 billion in gross profit and brought in $7.5 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 9.40%. Return on equity (ROE) for the past 12 months was 19.40%.
In Taylor Morrison Home Corporation’s quarter-end financial report for March 30, it reported total debt of $395.4 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. While analysts expected Taylor Morrison Home Corporation to report $1.26 quarterly earnings, the actual figure was $1.44 per share, beating the consensus estimate by 14.30%. During the quarter, the company generated $244.9 million in EBITDA. The liabilities of Taylor Morrison Home Corporation were 4.42 billion at the end of its most recent quarter ended March 30, and its total debt was $3.14 billion. The value of shareholders’ equity is $119.64 million.
This quick technical analysis looks at Taylor Morrison Home Corporation’s (TMHC) price momentum. With a historical volatility rate of 73.87%, the RSI 9-day stood at 20.91% on 22 June.
With respect to its five-day moving average, the current Taylor Morrison Home Corporation price is down by -13.26% percent or -$3.25. At present, TMHC shares trade -21.75% below its 20-day simple moving average and -26.97% percent below its 100-day simple moving average. However, the stock is currently trading approximately -17.79% below its SMA50 and -23.61% below its SMA200.
Stochastic coefficient K was 9.30% and Stochastic coefficient D was 7.13%, while ATR was 1.32. Given the Stochastic reading of 13.11% for the 14-day period, the RSI (14) reading has been calculated as 27.10%. As of today, the MACD Oscillator reading stands at -2.59, while the 14-day reading stands at -4.31.
RBC Capital Mkts upgraded its rating on Taylor Morrison Home Corporation (NYSE: TMHC) to an Outperform in a note to investors on June 22, 2022. The analysts firm previously had a Sector perform rating on the stock.Taylor Morrison Home Corporation (TMHC) has been rated Overweight by analysts. According to 0 brokerage firms, TMHC is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Taylor Morrison Home Corporation stock as buy, with 4 recommending it as overweight.
With a median target price of $31.50, the current consensus forecast for the stock is $25.00 – $48.00. Based on these forecasts, analysts predict Taylor Morrison Home Corporation (TMHC) will achieve an average price target of $32.75.