At the time of writing, TriplePoint Venture Growth BDC Corp [TPVG] stock is trading at $7.29, up 0.97%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TPVG shares have gain 1.96% over the last week, with a monthly amount drifted -9.33%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TriplePoint Venture Growth BDC Corp [NYSE: TPVG] stock has seen the most recent analyst activity on November 07, 2024, when Keefe Bruyette upgraded its rating to a Mkt Perform and also revised its price target to $7.50 from $8. Previously, Ladenburg Thalmann downgraded its rating to Neutral on August 09, 2024, and dropped its price target to $8. On May 29, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $8.50 on the stock. Compass Point upgraded its rating to a Neutral but stick to its price target of $8.75 on March 22, 2024. JMP Securities downgraded its rating to a Mkt Perform. Compass Point downgraded its rating to Sell for this stock on March 07, 2024, but kept the price target unchanged to $8.75. In a note dated August 23, 2023, Compass Point upgraded an Neutral rating on this stock.
For the past year, the stock price of TriplePoint Venture Growth BDC Corp fluctuated between $6.44 and $11.58. Currently, Wall Street analysts expect the stock to reach $7.75 within the next 12 months. TriplePoint Venture Growth BDC Corp [NYSE: TPVG] shares were valued at $7.29 at the most recent close of the market. An investor can expect a potential return of 6.31% based on the average TPVG price forecast.
Analyzing the TPVG fundamentals
According to TriplePoint Venture Growth BDC Corp [NYSE:TPVG], the company’s sales were 123.97M for trailing twelve months, which represents an -22.70% plunge. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at 0.57%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.02.
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 7.10 points at the first support level, and at 6.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.39, and for the 2nd resistance point, it is at 7.48.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 2.35, the price to book ratio is 0.79 and price to earnings (TTM) ratio is 36.45.
Transactions by insiders
Recent insider trading involved Srivastava Sajal, President, that happened on Aug 13 ’24 when 24083.0 shares were purchased. President, Srivastava Sajal completed a deal on Aug 12 ’24 to buy 11298.0 shares. Meanwhile, Director Park Katherine J bought 2500.0 shares on Mar 14 ’24.
