Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
TPG Inc (NASDAQ: TPG) closed the day trading at $42.93 down -1.36% from the previous closing price of $43.52. In other words, the price has decreased by -$1.36 from its previous closing price. On the day, 0.94 million shares were traded. TPG stock price reached its highest trading level at $43.4 during the session, while it also had its lowest trading level at $41.74.
Ratios:
For a better understanding of TPG, 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 3.60 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.52. In the meantime, Its Debt-to-Equity ratio is 1.71 whereas as Long-Term Debt/Eq ratio is at 1.71.
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 this company, TD Cowen on January 04, 2024, initiated with a Market Perform rating and assigned the stock a target price of $38.
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 Feb 29 ’24 when BONDERMAN DAVID sold 1,584,746 shares for $41.64 per share. The transaction valued at 65,988,823 led to the insider holds 0 shares of the business.
COULTER JAMES G sold 1,334,746 shares of TPG for $55,578,823 on Feb 29 ’24. The Executive Chairman now owns 0 shares after completing the transaction at $41.64 per share. On Feb 29 ’24, another insider, WINKELRIED JON, who serves as the Chief Executive Officer of the company, sold 1,000,000 shares for $41.64 each. As a result, the insider received 41,640,000 and left with 3,326,460 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 15881910272 and an Enterprise Value of 6278581248. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 6.00. Its current Enterprise Value per Revenue stands at 2.442 whereas that against EBITDA is 66.167.
Stock Price History:
Over the past 52 weeks, TPG has reached a high of $47.20, while it has fallen to a 52-week low of $24.74. The 50-Day Moving Average of the stock is -3.21%, while the 200-Day Moving Average is calculated to be 16.71%.
Shares Statistics:
Over the past 3-months, TPG traded about 823.37K shares per day on average, while over the past 10 days, TPG traded about 651330 shares per day. A total of 80.60M shares are outstanding, with a floating share count of 79.53M. Insiders hold about 14.07% of the company’s shares, while institutions hold 52.75% stake in the company. Shares short for TPG as of 1713139200 were 2547473 with a Short Ratio of 3.09, compared to 1710460800 on 2736348. Therefore, it implies a Short% of Shares Outstanding of 2547473 and a Short% of Float of 3.04.
Dividends & Splits
TPG’s forward annual dividend rate is 1.34, up from 1.14 a year ago. Against a Trailing Annual Dividend Yield of 0.026194852
