Validea Motley Fool Strategy Daily Upgrade Report - 10/24/2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 24 2024
0mins
Source: NASDAQ.COM
Stock Ratings Update: Validea's Small-Cap Growth Investor model, based on Motley Fool's strategy, has upgraded ratings for Stride Inc. (from 65% to 72%), NorthEast Community Bancorp Inc. (from 87% to 93%), and Taylor Morrison Home Corp. (from 52% to 72%), indicating varying levels of interest in these stocks based on their fundamentals and valuations.
Company Descriptions: Stride Inc. provides online educational services, NorthEast Community Bancorp focuses on construction and personal loans, while Taylor Morrison is involved in residential homebuilding and community development across the U.S., each catering to specific market needs.
Analyst Views on TMHC
Wall Street analysts forecast TMHC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TMHC is 73.00 USD with a low forecast of 68.00 USD and a high forecast of 85.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 64.150
Low
68.00
Averages
73.00
High
85.00
Current: 64.150
Low
68.00
Averages
73.00
High
85.00
About TMHC
Taylor Morrison Home Corporation is a homebuilder and developer. The Company's principal business is residential homebuilding and the development of lifestyle communities with operations across 12 states. The Company provides an assortment of homes across a range of price points to appeal to an array of consumer groups. It designs, builds and sells single and multi-family detached and attached homes in traditionally high growth markets for entry level, move-up, and resort lifestyle buyers. It operates under various brand names, including Taylor Morrison, Darling Homes Collection by Taylor Morrison, and Esplanade. It also has a Build-to-Rent homebuilding business which operates under the Yardly brand name. It owns and operates commercial space, retail, and multi-family properties under the Urban Form brand name. The Company, through its subsidiaries, provides financial services and title services. The Company, through its insurance agency, provides homeowner’s insurance policies.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
