Is Taylor Morrison Home Corp. (TMHC) Holding Up Well Over a Long-Time Horizon?

Taylor Morrison Home Corp. [TMHC] stock prices are down -0.53% to $65.58 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TMHC shares have gain 1.88% over the last week, with a monthly amount glided 15.72%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Taylor Morrison Home Corp. [NYSE: TMHC] stock has seen the most recent analyst activity on July 24, 2024, when Raymond James initiated its Outperform rating and assigned the stock a price target of $75. Previously, Seaport Research Partners downgraded its rating to Neutral on January 22, 2024. On January 12, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $57 on the stock. Wedbush downgraded its rating to a Neutral but stick to its price target of $52 on December 18, 2023. Deutsche Bank upgraded its rating to a Buy and raised its price target to $57 on December 08, 2023. Seaport Research Partners upgraded its rating to Buy for this stock on November 02, 2023, but kept the price target unchanged to $50. In a note dated June 14, 2023, Seaport Research Partners initiated an Neutral rating.

The stock price of Taylor Morrison Home Corp. [TMHC] has been fluctuating between $37.23 and $67.66 over the past year. Currently, Wall Street analysts expect the stock to reach $60.75 within the next 12 months. Taylor Morrison Home Corp. [NYSE: TMHC] shares were valued at $65.58 at the most recent close of the market. An investor can expect a potential drop of -7.37% based on the average TMHC price forecast.

Analyzing the TMHC fundamentals

The Taylor Morrison Home Corp. [NYSE:TMHC] reported sales of 7.46B for trailing twelve months, representing a surge of 2.28%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.14 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 64.72 points at the first support level, and at 63.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.02, and for the 2nd resistance point, it is at 68.46.

Ratios To Look Out For

It’s worth pointing out that Taylor Morrison Home Corp. [NYSE:TMHC]’s Current Ratio is 6.13. On the other hand, the Quick Ratio is 0.83, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 1.29 and price to earnings (TTM) ratio is 9.37.

Transactions by insiders

Recent insider trading involved LYON WILLIAM H, Director, that happened on Jul 18 ’24 when 30000.0 shares were sold. Director, LYON WILLIAM H completed a deal on Jul 16 ’24 to sell 30000.0 shares. Meanwhile, Chairman, President and CEO Palmer Sheryl sold 100000.0 shares on May 15 ’24.

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