At the time of writing, Taylor Morrison Home Corp [TMHC] stock is trading at $74.13, down -0.90%. An important factor to consider is whether the stock is rising or falling in short-term value. The TMHC shares have gain 6.62% over the last week, with a monthly amount glided 6.07%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Taylor Morrison Home Corp [NYSE: TMHC] stock has seen the most recent analyst activity on October 25, 2024, when Wedbush upgraded its rating to a Outperform but kept the price target unchanged to $85 for it. Previously, BTIG Research upgraded its rating to Buy on August 19, 2024, and kept the price target unchanged to $78. On July 24, 2024, Raymond James initiated with a Outperform rating and assigned a price target of $75 on the stock. Seaport Research Partners downgraded its rating to a Neutral. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $57 on January 12, 2024. Wedbush downgraded its rating to Neutral for this stock on December 18, 2023, but kept the price target unchanged to $52. In a note dated December 08, 2023, Deutsche Bank upgraded an Buy rating on this stock and boosted its target price from $50 to $57.
For the past year, the stock price of Taylor Morrison Home Corp fluctuated between $44.32 and $75.49. Currently, Wall Street analysts expect the stock to reach $73.83 within the next 12 months. Taylor Morrison Home Corp [NYSE: TMHC] shares were valued at $74.13 at the most recent close of the market. An investor can expect a potential drop of -0.4% based on the average TMHC price forecast.
Analyzing the TMHC fundamentals
According to Taylor Morrison Home Corp [NYSE:TMHC], the company’s sales were 7.83B for trailing twelve months, which represents an 26.58% jump. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at 0.15%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.15 and Total Capital is 0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.38.
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 73.25 points at the first support level, and at 72.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.77, and for the 2nd resistance point, it is at 75.42.
Ratios To Look Out For
It is important to note that Taylor Morrison Home Corp [NYSE:TMHC] has a current ratio of 6.31. On the other hand, the Quick Ratio is 0.62, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 0.98, the price to book ratio is 1.34 and price to earnings (TTM) ratio is 9.80.
Transactions by insiders
Recent insider trading involved LYON WILLIAM H, Director, that happened on Nov 08 ’24 when 40925.0 shares were sold. Director, LYON WILLIAM H completed a deal on Nov 11 ’24 to sell 25716.0 shares. Meanwhile, Director LYON WILLIAM H sold 9075.0 shares on Nov 07 ’24.
