Tuesday, December 1, 2020

Taylor Morrison Home Corporation [TMHC] fell -13.72% so far this year. What now?

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Taylor Morrison Home Corporation [NYSE: TMHC] gained 5.84% or 1.04 points to close at $18.86 with a heavy trading volume of 1874334 shares. It opened the trading session at $18.99, the shares rose to $19.46 and dropped to $18.06, the range by which the price of stock traded the whole day. The daily chart for TMHC points out that the company has recorded -19.26% loss over the past six months. However, it is still -195.15% lower than its most recent low trading price.

If we look at the average trading volume of 2.83M shares, TMHC reached to a volume of 1874334 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about Taylor Morrison Home Corporation [TMHC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TMHC shares is $20.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TMHC stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

JP Morgan have made an estimate for Taylor Morrison Home Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 11, 2020. The new note on the price target was released on March 18, 2020, representing the official price target for Taylor Morrison Home Corporation stock. Previously, the target price had yet another raise from $29 to $33, while JP Morgan kept a Overweight rating on TMHC stock. On August 01, 2019, analysts increased their price target for TMHC shares from 22 to 26.

The Average True Range (ATR) for Taylor Morrison Home Corporation is set at 1.40, with the Price to Sales ratio for TMHC stock in the period of the last 12 months amounting to 0.45. The Price to Book ratio for the last quarter was 0.70, with the Price to Cash per share for the same quarter was set at 4.15. Price to Free Cash Flow for TMHC in the course of the last twelve months was 4.98.

Trading performance analysis for TMHC stock

Taylor Morrison Home Corporation [TMHC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.54. With this latest performance, TMHC shares gained by 35.59% in over the last four-week period, additionally sinking by -19.26% over the last 6 months – not to mention a drop of -8.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TMHC stock in for the last two-week period is set at 55.06, with the RSI for the last a single of trading hit 49.66, and the three-weeks RSI is set at 55.06 for Taylor Morrison Home Corporation [TMHC]. The present Moving Average for the last 50 days of trading for this stock 15.05, while it was recorded at 19.64 for the last single week of trading, and 20.99 for the last 200 days.

Taylor Morrison Home Corporation [TMHC]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Taylor Morrison Home Corporation [TMHC] shares currently have an operating margin of +7.01 and a Gross Margin at +17.19. Taylor Morrison Home Corporation’s Net Margin is presently recorded at +5.35.

Return on Total Capital for TMHC is now 7.29, given the latest momentum, and Return on Invested Capital for the company is 5.57. Return on Equity for this stock inclined to 10.28, with Return on Assets sitting at 4.85. When it comes to the capital structure of this company, Taylor Morrison Home Corporation [TMHC] has a Total Debt to Total Equity ratio set at 78.14. Additionally, TMHC Total Debt to Total Capital is recorded at 43.87, with Total Debt to Total Assets ending up at 37.80. Long-Term Debt to Equity for the company is recorded at 77.75, with the Long-Term Debt to Total Capital now at 43.64.

Reflecting on the efficiency of the workforce at the company, Taylor Morrison Home Corporation [TMHC] managed to generate an average of $110,718 per employee. Receivables Turnover for the company is 60.65 with a Total Asset Turnover recorded at a value of 0.91.

Taylor Morrison Home Corporation [TMHC]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Taylor Morrison Home Corporation posted 0.76/share EPS, while the average EPS was predicted by analysts to be reported at 0.66/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 15.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TMHC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Taylor Morrison Home Corporation go to 5.40%.

An analysis of insider ownership at Taylor Morrison Home Corporation [TMHC]

There are presently around $2,452 million, in the hands of institutional investors. The top three institutional holders of TMHC stocks are: BLACKROCK INC. with ownership of 17,492,399, which is approximately 27.62% of the company’s market cap and around 0.50% of the total institutional ownership; VANGUARD GROUP INC, holding 14,456,892 shares of the stock with an approximate value of $272.66 million in TMHC stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $194.66 million in TMHC stock with ownership of nearly -8.949% of the company’s market capitalization.

Positions in Taylor Morrison Home Corporation stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 142 institutional holders increased their position in Taylor Morrison Home Corporation [NYSE:TMHC] by around 24,713,476 shares. Additionally, 194 investors decreased positions by around 34,634,565 shares, while 15 investors held positions by with 70,688,535 shares. The mentioned changes placed institutional holdings at 130,036,576 shares, according to the latest SEC report filing. TMHC stock had 43 new institutional investments in for a total of 6,765,299 shares, while 99 institutional investors sold positions of 16,715,511 shares during the same period.

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