At the time of writing, TPG Inc [TPG] stock is trading at $65.08, up 1.21%. An important factor to consider is whether the stock is rising or falling in short-term value. The TPG shares have gain 3.56% over the last week, with a monthly amount drifted -5.38%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TPG Inc [NASDAQ: TPG] stock has seen the most recent analyst activity on September 12, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $60. Previously, Morgan Stanley upgraded its rating to Overweight on May 10, 2024, and elevated its price target to $52. On January 04, 2024, TD Cowen initiated with a Market Perform rating and assigned a price target of $38 on the stock. Citigroup started tracking with a Buy rating for this stock on May 19, 2023, and assigned it a price target of $32. In a note dated January 24, 2023, JP Morgan downgraded an Neutral rating on this stock and revised its target price from $35 to $34.
For the past year, the stock price of TPG Inc fluctuated between $38.20 and $72.98. Currently, Wall Street analysts expect the stock to reach $68 within the next 12 months. TPG Inc [NASDAQ: TPG] shares were valued at $65.08 at the most recent close of the market. An investor can expect a potential return of 4.49% based on the average TPG price forecast.
Analyzing the TPG fundamentals
According to TPG Inc [NASDAQ:TPG], the company’s sales were 3.40B for trailing twelve months, which represents an 436.40% jump. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.02 and Total Capital is -0.01.
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 64.13 points at the first support level, and at 63.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 65.79, and for the 2nd resistance point, it is at 66.51.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.98, the price to book ratio is 9.35.
Transactions by insiders
Recent insider trading involved LEGAG Partners LLC, Stockholder, that happened on Nov 15 ’24 when 0.3 million shares were purchased. Director, MESSEMER DEBORAH M. completed a deal on Jul 17 ’24 to sell 4089.0 shares. Meanwhile, Director MESSEMER DEBORAH M. sold 6390.0 shares on Feb 28 ’24.
