As of close of business last night, Tri Pointe Homes Inc.’s stock clocked out at $34.81, up 0.99% from its previous closing price of $34.47. In other words, the price has increased by $+0.34 from its previous closing price. On the day, 1289460 shares were traded.
Ratios:
To gain a deeper understanding of TPH’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.82 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.55. For the most recent quarter (mrq), Quick Ratio is recorded 3.29 and its Current Ratio is at 13.34. In the meantime, Its Debt-to-Equity ratio is 0.49 whereas as Long-Term Debt/Eq ratio is at 0.48.
On September 07, 2023, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $36.
Wolfe Research Upgraded its Peer Perform to Outperform on August 07, 2023, while the target price for the stock was maintained at $38.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 02 ’23 when BURROWS LAWRENCE B. sold 7,677 shares for $31.48 per share. The transaction valued at 241,672 led to the insider holds 86,891 shares of the business.
KEELER GLENN J. sold 21,413 shares of TPH for $706,843 on Jun 14 ’23. The CFO and CAO now owns 102,194 shares after completing the transaction at $33.01 per share. On May 03 ’23, another insider, BAUER DOUGLAS F., who serves as the Chief Executive Officer of the company, sold 19,076 shares for $29.24 each. As a result, the insider received 557,782 and left with 423,514 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 3.32B and an Enterprise Value of 3.91B. As of this moment, Tri’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.05, and their Forward P/E ratio for the next fiscal year is 8.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.89 while its Price-to-Book (P/B) ratio in mrq is 1.10. Its current Enterprise Value per Revenue stands at 1.05 whereas that against EBITDA is 8.61.
Stock Price History:
Over the past 52 weeks, TPH has reached a high of $36.43, while it has fallen to a 52-week low of $23.00. The 50-Day Moving Average of the stock is 34.93, while the 200-Day Moving Average is calculated to be 31.20.
Shares Statistics:
It appears that TPH traded 853.36K shares on average per day over the past three months and 1.17M shares per day over the past ten days. A total of 95.53M shares are outstanding, with a floating share count of 92.45M. Insiders hold about 3.12% of the company’s shares, while institutions hold 97.85% stake in the company. Shares short for TPH as of Feb 15, 2024 were 2.3M with a Short Ratio of 2.69, compared to 1.88M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.41% and a Short% of Float of 3.73%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.76 for the current quarter, with a high estimate of $0.92 and a low estimate of $0.67, while EPS last year was $0.73. The consensus estimate for the next quarter is $0.84, with high estimates of $1.03 and low estimates of $0.66.
Analysts are recommending an EPS of between $4.34 and $3.59 for the fiscal current year, implying an average EPS of $3.88. EPS for the following year is $4.48, with 5 analysts recommending between $5.01 and $4.03.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $882.3M. It ranges from a high estimate of $933M to a low estimate of $847M. As of the current estimate, Tri Pointe Homes Inc.’s year-ago sales were $585.83M, an estimated increase of 50.60% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $948.9M, an increase of 14.70% less than the figure of $50.60% in the same quarter last year. There is a high estimate of $1.01B for the next quarter, whereas the lowest estimate is $875.51M.
A total of 7 analysts have provided revenue estimates for TPH’s current fiscal year. The highest revenue estimate was $4.2B, while the lowest revenue estimate was $4.08B, resulting in an average revenue estimate of $4.13B. In the same quarter a year ago, actual revenue was $3.67B, up 12.60% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $4.46B in the next fiscal year. The high estimate is $4.66B and the low estimate is $4B. The average revenue growth estimate for next year is up 7.90% from the average revenue estimate for this year.
