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Tri Pointe Homes Inc. (NYSE: TPH) closed the day trading at $40.28 down -1.10% from the previous closing price of $40.73. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.08 million shares were traded. TPH stock price reached its highest trading level at $41.385 during the session, while it also had its lowest trading level at $40.27.
Ratios:
For a better understanding of TPH, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.89. 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 Sep 13 ’24 when LEE DAVID CH sold 5,000 shares for $44.28 per share. The transaction valued at 221,400 led to the insider holds 85,792 shares of the business.
David CH Lee bought 55,000 shares of TPH for $2,396,350 on Aug 23 ’24. On Jul 29 ’24, another insider, KEELER GLENN J., who serves as the CFO and CAO of the company, sold 24,200 shares for $46.16 each. As a result, the insider received 1,117,072 and left with 149,108 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 3978487808 and an Enterprise Value of 4168940544. As of this moment, Tri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.35, and their Forward P/E ratio for the next fiscal year is 8.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84 while its Price-to-Book (P/B) ratio in mrq is 1.16. Its current Enterprise Value per Revenue stands at 0.927 whereas that against EBITDA is 6.769.
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 $24.18. The 50-Day Moving Average of the stock is -8.28%, while the 200-Day Moving Average is calculated to be 2.72%.
Shares Statistics:
Over the past 3-months, TPH traded about 783.32K shares per day on average, while over the past 10 days, TPH traded about 729810 shares per day. A total of 95.53M shares are outstanding, with a floating share count of 90.61M. Insiders hold about 3.19% of the company’s shares, while institutions hold 97.96% stake in the company. Shares short for TPH as of 1728950400 were 2510661 with a Short Ratio of 3.21, compared to 1726185600 on 2283065. Therefore, it implies a Short% of Shares Outstanding of 2510661 and a Short% of Float of 4.0799997999999995.
