Quotidian Technical Highlights on Selected Residential Construction Stocks -- Taylor Morrison Home, Toll Brothers, TRI Pointe, and William Lyon Homes
NEW YORK, Feb. 28, 2018 /PRNewswire/ -- WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on TMHC, TOL, TPH, and WLH which can be accessed for free by signing up to www.wallstequities.com/registration. This morning, WallStEquities.com features the Residential Construction industry, which is engaged in the construction of residential homes, including manufacturing of mobile and prefabricated homes intended for use in one place. Stocks under observation today are: Taylor Morrison Home Corp. (NYSE: TMHC), Toll Brothers Inc. (NYSE: TOL), TRI Pointe Group Inc. (NYSE: TPH), and William Lyon Homes (NYSE: WLH). All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration
Taylor Morrison Home
On Tuesday, shares in Arizona headquartered Taylor Morrison Home Corp. recorded a trading volume of 1.33 million shares. The stock ended at $22.99, dropping 4.53% from the last trading session. The Company's shares have gained 13.03% over the past year. The stock is trading below its 200-day moving average by 2.15%. Furthermore, shares of the Company, which operates as a public homebuilder in the US, have a Relative Strength Index (RSI) of 36.66.
On February 08(th), 2018, research firm JMP Securities upgraded the Company's stock rating from 'Market Perform' to 'Market Outperform'.
On February 13(th), 2018, Taylor Morrison Home announced that its luxury view homes at the Wilder master-planned community in Orinda are move-in ready. Surrounded by over 1,300 acres of protected natural open space in Northern California's Contra Costa County, homes currently on sale at Wilder range from 3,944 to 4,147 square feet, with four bedrooms, 4.5 bathrooms, and three-car garages. Get the full research report on TMHC for free by clicking below at: www.wallstequities.com/registration/?symbol=TMHC
Toll Brothers
Pennsylvania headquartered Toll Brothers Inc.'s stock finished yesterday's session 5.11% lower at $45.10. A total volume of 6.17 million shares was traded, which was above their three months average volume of 2.56 million shares. The Company's shares have gained 31.10% over the past year. The stock is trading above its 200-day moving average by 4.95%. Furthermore, shares of Toll Brothers, which together with its subsidiaries, designs, builds, markets, and arranges finance for detached and attached homes in luxury residential communities in the US, have an RSI of 41.90.
On January 30(th), 2018, Toll Brothers announced that more than 700 selective buyers celebrated Porter Ranch's Grand Opening on January 20(th), 2018. Additionally, over 45 families made commitments to call Porter Ranch "home" on Grand Opening weekend alone, totaling a notable $50 million in sales. Porter Ranch offers the most enviable living from some of the highest viewpoints in the Los Angeles region. The free technical report on TOL can be accessed at: www.wallstequities.com/registration/?symbol=TOL
TRI Pointe Group
At the close of trading yesterday, shares in California headquartered TRI Pointe Group Inc. saw a decline of 3.68%, ending the day at $15.97. The stock recorded a trading volume of 2.09 million shares, which was above its three months average volume of 1.98 million shares. The Company's shares have advanced 31.98% over the past year. The stock is trading 5.53% above its 200-day moving average. Moreover, shares of the Company have an RSI of 38.57.
On February 21(st), 2018, TRI Pointe Group (TPH) announced the launch of TRI Pointe Advantage Insurance Services, Inc., an affiliated property and casualty insurance services company that offers insurance products and services exclusively to TPH homebuyers. TRI Pointe Advantage Insurance Services(TM) has partnered with Westwood Insurance Agency, a wholly owned subsidiary of QBE North America, and will act as an independent insurance agency.
On February 23(rd), 2018, research firm Evercore ISI downgraded the Company's stock rating from 'Outperform' to 'In-line'. Sign up for free on Wall St. Equities and claim the latest report on TPH at: www.wallstequities.com/registration/?symbol=TPH
William Lyon Homes
California headquartered William Lyon Homes' shares ended the day 3.33% lower at $25.85. A total volume of 1.11 million shares was traded, which was above their three months average volume of 457,290 shares. The stock has gained 37.06% over the past year. The Company's shares are trading 1.65% above their 200-day moving average. Additionally, shares of William Lyon Homes have an RSI of 44.26.
On February 08(th), 2018, research firm Wedbush upgraded the Company's stock rating from 'Neutral' to 'Outperform', with a target price of $31 per share.
On February 20(th), 2018, William Lyon Homes announced that it has entered into a definitive agreement to acquire RSI Communities, a Southern California and Texas-based homebuilder, and three additional related real estate assets for an aggregate cash purchase price of approximately $460 million. The transaction marks the Company's entry into Texas and is expected to close in the first quarter of 2018, subject to the satisfaction of certain closing conditions. See the free research coverage on WLH at: www.wallstequities.com/registration/?symbol=WLH
--
Wall St. Equities:
Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
WSE has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@wallstequities.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit https://wallstequities.com/legal-disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@wallstequities.com
Phone number: 21 32 044 483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Wall St. Equities
