The closing price of Taylor Morrison Home Corporation (NYSE: TMHC) was $42.35 for the day, down -1.49% from the previous closing price of $42.99. In other words, the price has decreased by -$0.64 from its previous closing price. On the day, 1770443 shares were traded. TMHC stock price reached its highest trading level at $42.93 during the session, while it also had its lowest trading level at $42.21.
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Our analysis of TMHC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.48. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
Upgrades & Downgrades
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 18 when LYON WILLIAM H sold 8,000 shares for $45.03 per share. The transaction valued at 360,240 led to the insider holds 3,477,316 shares of the business.
Sherman Darrell sold 6,561 shares of TMHC for $295,245 on May 18. The EVP, CLO & Secretary now owns 119,579 shares after completing the transaction at $45.00 per share. On May 17, another insider, Sherman Darrell, who serves as the EVP, CLO & Secretary of the company, sold 14,595 shares for $44.50 each. As a result, the insider received 649,478 and left with 119,579 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TMHC now has a Market Capitalization of 4.59B and an Enterprise Value of 6.11B. As of this moment, Taylor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.50, and their Forward P/E ratio for the next fiscal year is 6.46. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.75 whereas that against EBITDA is 4.11.
Stock Price History:
Over the past 52 weeks, TMHC has reached a high of $45.51, while it has fallen to a 52-week low of $20.05. The 50-Day Moving Average of the stock is 39.69, while the 200-Day Moving Average is calculated to be 32.00.
TMHC traded an average of 1.02M shares per day over the past three months and 1.24M shares per day over the past ten days. A total of 108.43M shares are outstanding, with a floating share count of 102.95M. Insiders hold about 0.10% of the company’s shares, while institutions hold 102.07% stake in the company. Shares short for TMHC as of Apr 27, 2023 were 3.51M with a Short Ratio of 3.51M, compared to 3.24M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.21% and a Short% of Float of 4.47%.
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $1.66 for the current quarter, with a high estimate of $1.8 and a low estimate of $1.59, while EPS last year was $2.45. The consensus estimate for the next quarter is $1.56, with high estimates of $1.68 and low estimates of $1.38.
Analysts are recommending an EPS of between $7 and $6.4 for the fiscal current year, implying an average EPS of $6.75. EPS for the following year is $6.56, with 7 analysts recommending between $7.51 and $5.54.
It is expected that $90B in revenue will be generated in the current quarter, according to 6 analysts. It ranges from a high estimate of $1.72B to a low estimate of $1.66B. As of the current estimate, Taylor Morrison Home Corporation’s year-ago sales were $1.88B, an estimated decrease of -10.50% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $1.66B, a decrease of -18.60% less than the figure of -$10.50% in the same quarter last year. There is a high estimate of $1.75B for the next quarter, whereas the lowest estimate is $1.5B.
A total of 6 analysts have provided revenue estimates for TMHC’s current fiscal year. The highest revenue estimate was $6.97B, while the lowest revenue estimate was $6.69B, resulting in an average revenue estimate of $6.82B. In the same quarter a year ago, actual revenue was $7.89B, down -13.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $7.05B in the next fiscal year. The high estimate is $7.58B and the low estimate is $6.46B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.