Tri Pointe Homes Inc. [TPH] stock is trading at $45.39, up 1.18%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TPH shares have gain 4.03% over the last week, with a monthly amount glided 2.21%, 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.
Tri Pointe Homes Inc. [TPH] stock has fluctuated 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 $45.39 at the most recent close of the market. An investor can expect a potential drop of -11.15% based on the average TPH price forecast.
Analyzing the TPH fundamentals
Tri Pointe Homes Inc. [NYSE:TPH] reported sales of 4.19B for the trailing twelve months, which represents a growth 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. 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 44.84 points at the first support level, and at 44.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.03, and for the 2nd resistance point, it is at 46.66.
Ratios To Look Out For
For context, Tri Pointe Homes Inc.’s Current Ratio is 12.10. As well, the Quick Ratio is 1.88, while the Cash Ratio is 1.45. Considering the valuation of this stock, the price to sales ratio is 1.01, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 10.31.
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.
