The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Taylor Morrison Home Corp (NYSE: TMHC) closed at $68.25 down -1.69% from its previous closing price of $69.42. In other words, the price has decreased by -$1.69 from its previous closing price. On the day, 0.67 million shares were traded. TMHC stock price reached its highest trading level at $69.1 during the session, while it also had its lowest trading level at $67.215.
Ratios:
For a deeper understanding of Taylor Morrison Home Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 211.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 6.31. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.39.
On August 19, 2024, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $78.
On July 24, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $75.Raymond James initiated its Outperform rating on July 24, 2024, with a $75 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when LYON WILLIAM H sold 24,284 shares for $74.46 per share. The transaction valued at 1,808,086 led to the insider holds 2,045,316 shares of the business.
LYON WILLIAM H sold 40,925 shares of TMHC for $2,955,604 on Nov 08 ’24. The Director now owns 2,095,316 shares after completing the transaction at $72.22 per share. On Nov 11 ’24, another insider, LYON WILLIAM H, who serves as the Director of the company, sold 25,716 shares for $74.07 each. As a result, the insider received 1,904,784 and left with 2,069,600 shares of the company.
Valuation Measures:
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 7183449088 and an Enterprise Value of 9047027712. As of this moment, Taylor’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.02, and their Forward P/E ratio for the next fiscal year is 7.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90 while its Price-to-Book (P/B) ratio in mrq is 1.24. Its current Enterprise Value per Revenue stands at 1.155 whereas that against EBITDA is 7.744.
Stock Price History:
Over the past 52 weeks, TMHC has reached a high of $75.49, while it has fallen to a 52-week low of $46.73. The 50-Day Moving Average of the stock is -2.33%, while the 200-Day Moving Average is calculated to be 8.91%.
Shares Statistics:
For the past three months, TMHC has traded an average of 819.06K shares per day and 723050 over the past ten days. A total of 103.47M shares are outstanding, with a floating share count of 100.89M. Insiders hold about 2.50% of the company’s shares, while institutions hold 97.98% stake in the company. Shares short for TMHC as of 1732838400 were 2380944 with a Short Ratio of 3.29, compared to 1730332800 on 2168187. Therefore, it implies a Short% of Shares Outstanding of 2380944 and a Short% of Float of 3.25.
