A share price of Tri Pointe Homes Inc [TPH] is currently trading at $36.22, up 3.01%. 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 1.97% over the last week, with a monthly amount drifted -10.55%, and not seem to be holding up well over a long-time horizon.
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 $33.24 and $47.78. Currently, Wall Street analysts expect the stock to reach $51 within the next 12 months. Tri Pointe Homes Inc [NYSE: TPH] shares were valued at $36.22 at the most recent close of the market. An investor can expect a potential return of 40.81% based on the average TPH price forecast.
Analyzing the TPH fundamentals
Trailing Twelve Months sales for Tri Pointe Homes Inc [NYSE:TPH] were 4.50B which represents 36.51% 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 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.15 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.33.
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 35.58 points at the first support level, and at 34.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.67, and for the 2nd resistance point, it is at 37.11.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Tri Pointe Homes Inc [NYSE:TPH] is 10.26. As well, the Quick Ratio is 2.08, while the Cash Ratio is 3.13. Considering the valuation of this stock, the price to sales ratio is 0.75, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 7.51.
Transactions by insiders
Recent insider trading involved MITCHELL THOMAS J., President and COO, that happened on Dec 16 ’24 when 77384.0 shares were sold. Officer, Thomas Mitchell completed a deal on Dec 12 ’24 to buy 92516.0 shares. Meanwhile, General Counsel & Secretary LEE DAVID CH sold 5000.0 shares on Sep 13 ’24.
