Taylor Morrison Home Corporation (NYSE: TMHC) has reported E.P.S. of $1.79 for its first fiscal quarter (ending March 31) versus $1.76 for the same period a year ago — an increase of 2%. This performance was $0.09 better than the consensus estimate of $1.71. E.P.S. were $7.12 for the latest four quarters through March 31 versus $9.52 for the same period a year ago — a decline of -25%.
Recent Price Action
On 4/30/24, Taylor Morrison Home Corporation (NYSE: TMHC) stock declined by -2.9%, closing at $56.01. Moreover, trading volume in this decline was unusually high at 178% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
TMHC is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Taylor Morrison Home has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Taylor Morrison Home has a good Appreciation Score of 80 and a very high Power Rating of 96, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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