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Taylor Morrison (TMHC) in Focus: Stock Moves 6.5% Higher

Zacks Equity Research

Taylor Morrison Home Corporation TMHC was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 11% in the past one-month time frame.

The company has seen one negative estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Taylor Morrison currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Taylor Morrison Home Corporation Price

Taylor Morrison Home Corporation Price | Taylor Morrison Home Corporation Quote

A better-ranked stock in the Building Products - Home Builders industry is Century Communities, Inc. CCS, holding a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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