For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
After finishing at $35.52 in the prior trading day, Tri Pointe Homes Inc (NYSE: TPH) closed at $35.10, down -1.18%. In other words, the price has decreased by -$1.18 from its previous closing price. On the day, 0.69 million shares were traded. TPH stock price reached its highest trading level at $35.74 during the session, while it also had its lowest trading level at $34.92.
Ratios:
Our goal is to gain a better understanding of TPH by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.86 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.62. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 10.26. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
On March 13, 2024, RBC Capital Mkts Upgraded its rating to Outperform which previously was Sector Perform but kept the price unchanged to $38.
Wedbush Downgraded its Outperform to Neutral on December 18, 2023, while the target price for the stock was maintained at $32.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when MITCHELL THOMAS J. sold 77,384 shares for $39.15 per share. The transaction valued at 3,029,584 led to the insider holds 708,159 shares of the business.
Thomas Mitchell bought 92,516 shares of TPH for $3,754,299 on Dec 12 ’24. On Sep 13 ’24, another insider, LEE DAVID CH, who serves as the General Counsel & Secretary of the company, sold 5,000 shares for $44.28 each. As a result, the insider received 221,400 and left with 85,792 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPH now has a Market Capitalization of 3285012224 and an Enterprise Value of 3684144128. As of this moment, Tri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.28, and their Forward P/E ratio for the next fiscal year is 7.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 0.819 whereas that against EBITDA is 5.982.
Stock Price History:
Over the past 52 weeks, TPH has reached a high of $47.78, while it has fallen to a 52-week low of $33.24. The 50-Day Moving Average of the stock is -12.83%, while the 200-Day Moving Average is calculated to be -13.41%.
Shares Statistics:
The stock has traded on average 797.24K shares per day over the past 3-months and 1140390 shares per day over the last 10 days, according to various share statistics. A total of 93.59M shares are outstanding, with a floating share count of 90.75M. Insiders hold about 3.03% of the company’s shares, while institutions hold 97.71% stake in the company. Shares short for TPH as of 1734048000 were 3265329 with a Short Ratio of 4.10, compared to 1731628800 on 2704629. Therefore, it implies a Short% of Shares Outstanding of 3265329 and a Short% of Float of 5.3000003.
