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Tri Pointe Homes Inc (NYSE: TPH) closed the day trading at $38.18 down -2.28% from the previous closing price of $39.07. In other words, the price has decreased by -$2.28 from its previous closing price. On the day, 0.69 million shares were traded. TPH stock price reached its highest trading level at $39.31 during the session, while it also had its lowest trading level at $38.115.
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 5.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 9.38. 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 3573270016 and an Enterprise Value of 3972401408. As of this moment, Tri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.92, and their Forward P/E ratio for the next fiscal year is 8.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 0.883 whereas that against EBITDA is 6.45.
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 $32.79. The 50-Day Moving Average of the stock is -9.72%, while the 200-Day Moving Average is calculated to be -5.55%.
Shares Statistics:
Over the past 3-months, TPH traded about 731.05K shares per day on average, while over the past 10 days, TPH traded about 745250 shares per day. A total of 93.59M shares are outstanding, with a floating share count of 90.62M. Insiders hold about 3.18% of the company’s shares, while institutions hold 97.71% stake in the company. Shares short for TPH as of 1732838400 were 2950343 with a Short Ratio of 4.04, compared to 1730332800 on 2513053. Therefore, it implies a Short% of Shares Outstanding of 2950343 and a Short% of Float of 4.79.