Taylor Morrison Home Corp (TMHC) is ready for next Episode as it posted an annual sales of 7,418 M

Taylor Morrison Home Corp (NYSE: TMHC) on Monday, soared 5.23% from the previous trading day, before settling in for the closing price of $71.08. Within the past 52 weeks, TMHC’s price has moved between $44.32 and $74.69.

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Annual sales at Consumer Cyclical sector company grew by 12.72% over the past five years. The company achieved an average annual earnings per share of 19.99%. With a float of $100.87 million, this company’s outstanding shares have now reached $106.92 million.

Let’s look at the performance matrix of the company that is accounted for 2800 employees. In terms of profitability, gross margin is 24.42%, operating margin of 14.78%, and the pretax margin is 13.71%.

Taylor Morrison Home Corp (TMHC) Insider Updates

Observing investor behavior towards Residential Construction industry stocks is more important than anything else. The insider ownership of Taylor Morrison Home Corp is 2.52%, while institutional ownership is 97.91%. The most recent insider transaction that took place on Nov 08 ’24, was worth 2,955,604. In this transaction Director of this company sold 40,925 shares at a rate of $72.22, taking the stock ownership to the 2,095,316 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Director sold 25,716 for $74.07, making the entire transaction worth $1,904,784. This insider now owns 2,069,600 shares in total.

Taylor Morrison Home Corp (TMHC) Performance Highlights and Predictions

As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 2.05 earnings per share (EPS) for the period topping the consensus outlook (set at 1.81) by 0.24. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.84 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 19.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 16.20% during the next five years compared to 30.73% growth over the previous five years of trading.

Taylor Morrison Home Corp (NYSE: TMHC) Trading Performance Indicators

Taylor Morrison Home Corp (TMHC) is currently performing well based on its current performance indicators. A quick ratio of 0.62 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.01. Likewise, its price to free cash flow for the trailing twelve months is 236.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.56, a number that is poised to hit 2.40 in the next quarter and is forecasted to reach 9.52 in one year’s time.

Technical Analysis of Taylor Morrison Home Corp (TMHC)

Taylor Morrison Home Corp (NYSE: TMHC) saw its 5-day average volume 0.8 million, a negative change from its year-to-date volume of 0.8 million. As of the previous 9 days, the stock’s Stochastic %D was 57.34%. Additionally, its Average True Range was 2.10.

During the past 100 days, Taylor Morrison Home Corp’s (TMHC) raw stochastic average was set at 96.90%, which indicates a significant increase from 90.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.14% in the past 14 days, which was lower than the 33.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $69.56, while its 200-day Moving Average is $61.87. Nevertheless, the first resistance level for the watch stands at $76.12 in the near term. At $77.44, the stock is likely to face the second major resistance level. The third major resistance level sits at $79.39. If the price goes on to break the first support level at $72.85, it is likely to go to the next support level at $70.90. Assuming the price breaks the second support level, the third support level stands at $69.58.

Taylor Morrison Home Corp (NYSE: TMHC) Key Stats

Market capitalization of the company is 7.92 billion based on 103,478K outstanding shares. Right now, sales total 7,418 M and income totals 768,930 K. The company made 2,121 M in profit during its latest quarter, and 251,130 K in sales during its previous quarter.