Tri Pointe Homes Inc. [TPH] stock prices are up 1.13% to $44.91 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TPH shares have gain 7.13% over the last week, with a monthly amount glided 8.79%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, RBC Capital Mkts upgraded its rating to Outperform on March 13, 2024, and kept the price target unchanged to $38. On December 18, 2023, downgrade downgraded it’s rating to Neutral but maintained its price target of $32 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $36 on September 07, 2023. Wolfe Research upgraded its rating to a Outperform but $38 remained the price target by the analyst firm on August 07, 2023. Deutsche Bank started tracking with a Buy rating for this stock on June 01, 2023, and assigned it a price target of $42. In a note dated January 19, 2023, Oppenheimer initiated an Perform rating.
The stock price of Tri Pointe Homes Inc. [TPH] has been fluctuating between $24.18 and $47.78 over the past year. Currently, Wall Street analysts expect the stock to reach $40.33 within the next 12 months. Tri Pointe Homes Inc. [NYSE: TPH] shares were valued at $44.91 at the most recent close of the market. An investor can expect a potential drop of -10.2% based on the average TPH price forecast.
Analyzing the TPH fundamentals
The Tri Pointe Homes Inc. [NYSE:TPH] reported sales of 4.19B for trailing twelve months, representing a surge of 37.93%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.15 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.31.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 44.39 points at the first support level, and at 43.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.43, and for the 2nd resistance point, it is at 45.96.
Ratios To Look Out For
It’s worth pointing out that Tri Pointe Homes Inc. [NYSE:TPH]’s Current Ratio is 12.10. On the other hand, the Quick Ratio is 1.88, and the Cash Ratio is 1.45. Considering the valuation of this stock, the price to sales ratio is 1.00, the price to book ratio is 1.34 and price to earnings (TTM) ratio is 10.20.
Transactions by insiders
Recent insider trading involved LEE DAVID CH, General Counsel & Secretary, that happened on Sep 13 ’24 when 5000.0 shares were sold. Officer (General Counsel & Sec, David CH Lee completed a deal on Aug 23 ’24 to buy 55000.0 shares. Meanwhile, CFO and CAO KEELER GLENN J. sold 24200.0 shares on Jul 29 ’24.
