TPG RE Finance Trust Inc [TRTX] stock is trading at $7.97, up 2.05%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TRTX shares have gain 4.87% over the last week, with a monthly amount glided 12.89%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TPG RE Finance Trust Inc [NYSE: TRTX] stock has seen the most recent analyst activity on October 17, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $9.50 from $9. On April 12, 2024, downgrade downgraded it’s rating to Outperform but maintained its price target of $8.50 on the stock. BofA Securities downgraded its rating to a Underperform but stick to its price target of $6.50 on March 04, 2024. In a note dated November 02, 2022, BTIG Research downgraded an Neutral rating on this stock.
TPG RE Finance Trust Inc [TRTX] stock has fluctuated between $6.47 and $9.61 over the past year. Currently, Wall Street analysts expect the stock to reach $11.13 within the next 12 months. TPG RE Finance Trust Inc [NYSE: TRTX] shares were valued at $7.97 at the most recent close of the market. An investor can expect a potential return of 39.65% based on the average TRTX price forecast.
Analyzing the TRTX fundamentals
TPG RE Finance Trust Inc [NYSE:TRTX] reported sales of 335.84M for the trailing twelve months, which represents a drop of -16.06%. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 1.03%, and Net Profit Margin reading is 1.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.06 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.55.
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 7.85 points at the first support level, and at 7.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.04, and for the 2nd resistance point, it is at 8.10.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 1.90, the price to book ratio is 0.58 and price to earnings (TTM) ratio is 11.44.