A share price of Tri Pointe Homes Inc. [TPH] is currently trading at $44.91, down -0.95%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TPH shares have gain 1.79% over the last week, with a monthly amount glided 4.25%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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.
Tri Pointe Homes Inc. experienced fluctuations in its stock price throughout the past year between $24.18 and $47.78. 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
Trailing Twelve Months sales for Tri Pointe Homes Inc. [NYSE:TPH] were 4.19B which represents 37.93% growth. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.31.
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 44.46 points at the first support level, and at 44.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.21, and for the 2nd resistance point, it is at 45.52.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tri Pointe Homes Inc. [NYSE:TPH] is 12.10. Also, the Quick Ratio is 1.88, while the Cash Ratio stands at 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.
