Taylor Morrison Home Corporation (NYSE: TMHC) has reported E.P.S. of $2.41 for its third fiscal quarter (ending September 30) versus $1.57 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $7.69 compared to $8.02 a year ago.
Recent Price Action
Taylor Morrison Home Corporation (NYSE: TMHC) stock closed at $67.20 on 10/23/24 after a large increase of 3.6%. Moreover, unusually high trading volume at 197% of normal accompanied the advance. The stock has declined -2.6% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, TMHC is expected to continue to be an important Value Builder.
Taylor Morrison Home has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Taylor Morrison Home has a good Appreciation Score of 76 and a very high Power Rating of 86, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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