Triple-S Management Corporation (NYSE: GTS) is 2.87% higher on its value in year-to-date trading and has touched a low of $9.13 and a high of $27.64 in the current 52-week trading range. The GTS stock was last observed hovering at around $18.73 in the last trading session, with the day’s gains setting it 0.29% off its average median price target of $19.00 for the next 12 months. It is also -0.11% off the consensus price target high of $19.00 offered by 1 analysts, but current levels are -0.11% lower than the price target low of $19.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Currently trading at $19.02, the stock is -0.84% and 7.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 1.55% at the moment leaves the stock 14.09% off its SMA200. GTS registered -17.46% loss for a year compared to 6-month gain of 1.71%. The firm has a 50-day simple moving average (SMA 50) of $18.43 and a 200-day simple moving average (SMA200) of $16.83.
The stock witnessed a -4.23% loss in the last 1 month and extending the period to 3 months gives it a 34.89%, and is -0.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.78% over the week and 4.63% over the month.
Triple-S Management Corporation (GTS) has around 3909 employees, a market worth around $465.04M and $3.41B in sales. Current P/E ratio is 14.57. Profit margin for the company is 0.90%. Distance from 52-week low is 108.32% and -31.19% from its 52-week high. The company has generated returns on investments over the last 12 months (9.80%).
Triple-S Management Corporation (GTS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Triple-S Management Corporation (GTS) is a “Hold”. 1 analysts offering their recommendations for the stock, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Triple-S Management Corporation is expected to release its quarterly report on 08/06/2020 and quarterly earnings per share for the current quarter are estimated at $0 with sales reaching $887.58M over the same period.The EPS is expected to grow by 251.50% this year, but quarterly earnings will post 7.00% year-over-year. Quarterly sales are estimated to grow 1.00% in year-over-year returns.
Triple-S Management Corporation (GTS) Top Institutional Holders
174 institutions hold shares in Triple-S Management Corporation (GTS), with 938.73k shares held by insiders accounting for 3.99% while institutional investors hold 100.65% of the company’s shares. The shares outstanding are 23.38M, and float is at 22.87M with Short Float at 9.51%. Institutions hold 96.63% of the Float.
The top institutional shareholder in the company is Pzena Investment Management, LLC with over 2.21 million shares valued at $31.18 million. The investor’s holdings represent 9.29% of the GTS Shares outstanding. As of Mar 30, 2020, the second largest holder is FMR, LLC with 2.11 million shares valued at $29.78 million to account for 8.87% of the shares outstanding. The other top investors are Lakewood Capital Management, LP which holds 2.09 million shares representing 8.79% and valued at over $29.52 million, while Dimensional Fund Advisors LP holds 8.44% of the shares totaling 2.01 million with a market value of $28.32 million.
Triple-S Management Corporation (GTS) Insider Activity
A total of 19 insider transactions have happened at Triple-S Management Corporation (GTS) in the last six months, with sales accounting for 0 and purchases happening 19 times. The most recent transaction is an insider purchase by DOMINGUEZ CARI M, the company’s Director. SEC filings show that DOMINGUEZ CARI M bought 1,000 shares of the company’s common stock on Mar 09 at a price of $14.70 per share for a total of $14700.0. Following the purchase, the insider now owns 21221.0 shares.
Triple-S Management Corporation disclosed in a document filed with the SEC on Dec 30 that Clavell Luis A (Director) bought a total of 1,288 shares of the company’s common stock. The trade occurred on Dec 30 and was made at $18.97 per share for $24433.0. Following the transaction, the insider now directly holds 52557.0 shares of the GTS stock.
Still, SEC filings show that on Dec 12, DOMINGUEZ CARI M (Director) acquired 5,000 shares at an average price of $19.53 for $97650.0. The insider now directly holds 20,221 shares of Triple-S Management Corporation (GTS).
Triple-S Management Corporation (GTS): Who are the competitors?
The company’s main competitors (and peers) include Humana Inc. (HUM) that is trading 48.48% up over the past 12 months. Short interest in the company’s stock has fallen -9.63% from the last report on May 14, 2020 to stand at a total of 2.39 million short shares sold with a short interest ratio of 8.99.