Daily Market Movement: TPG Inc (TPG) Sees a 2.35 Increase, Closing at 49.13

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The closing price of TPG Inc (NASDAQ: TPG) was $49.13 for the day, up 2.35% from the previous closing price of $48.00. In other words, the price has increased by $2.35 from its previous closing price. On the day, 0.58 million shares were traded. TPG stock price reached its highest trading level at $49.46 during the session, while it also had its lowest trading level at $48.415.

Ratios:

Our analysis of TPG’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.17 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 76.48. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.72.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on May 10, 2024, Upgraded its rating to Overweight and sets its target price to $52 from $43 previously.

On January 04, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $38.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 17 ’24 when MESSEMER DEBORAH M. sold 4,089 shares for $46.55 per share. The transaction valued at 190,332 led to the insider holds 17,536 shares of the business.

MESSEMER DEBORAH M. sold 6,390 shares of TPG for $280,980 on Feb 28 ’24. The Director now owns 18,033 shares after completing the transaction at $43.97 per share. On Feb 29 ’24, another insider, Vazquez-Ubarri Anilu, who serves as the Chief Operating Officer of the company, sold 101,937 shares for $41.64 each. As a result, the insider received 4,244,657 and left with 333,711 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, TPG now has a Market Capitalization of 17923901440 and an Enterprise Value of 7863382016. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 7.07. Its current Enterprise Value per Revenue stands at 2.9 whereas that against EBITDA is 96.667.

Stock Price History:

Over the past 52 weeks, TPG has reached a high of $51.62, while it has fallen to a 52-week low of $26.03. The 50-Day Moving Average of the stock is 11.81%, while the 200-Day Moving Average is calculated to be 17.81%.

Shares Statistics:

TPG traded an average of 951.65K shares per day over the past three months and 1201750 shares per day over the past ten days. A total of 96.27M shares are outstanding, with a floating share count of 82.88M. Insiders hold about 13.90% of the company’s shares, while institutions hold 78.22% stake in the company. Shares short for TPG as of 1722384000 were 3688817 with a Short Ratio of 3.88, compared to 1719532800 on 3583666. Therefore, it implies a Short% of Shares Outstanding of 3688817 and a Short% of Float of 4.22.

Dividends & Splits

With its trailing 12-month dividend rate of 1.75, TPG has a forward annual dividend rate of 1.55. Against a Trailing Annual Dividend Yield of 0.036458332

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