Added to YB: 2024-07-15
Pitch date: 2024-07-12
TW.L [neutral]
Taylor Wimpey plc
-40.25%
current return
Author Info
No bio for this author
Company Info
Taylor Wimpey plc operates as a homebuilder company in the United Kingdom and Spain. It engages in building and delivering various homes and communities.
Market Cap
GBP 2.8B
Pitch Price
GBP 1.34
Price Target
N/A
Dividend
9.58%
EV/EBITDA
5.64
P/E
28.41
EV/Sales
0.64
Sector
Household Durables
Category
turnaround
3 FTSE housebuilding stocks on my radar - Taylor Wimpey plc
TW.L: Rev -20.5% to £3.51B, op profit -49.1% to £470.2M. EPS -45.3% to 9.9p. Dividend +1.9% to 9.58p. UK completions 10,848, sales rate 0.62/week. Avg price +5.1% to £370k. £19M cost savings. 5-star HBF rating. Carbon -35% vs 2019. 2024 outlook: 9.5-10k homes, H2 weighted. Early signs of improvement w/ lower mortgage rates.
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