Tri Pointe Homes Inc (NYSE: TPH) is 0.80% higher on its value in year-to-date trading and has touched a low of $33.24 and a high of $47.78 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TPH stock was last observed hovering at around $36.69 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $36.55, the stock is -0.72% and -4.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.9 million and changing -0.38% at the moment leaves the stock -9.89% off its SMA200. TPH registered 6.28% gain for a year compared to 6-month loss of -11.44%. The firm has a 50-day simple moving average (SMA 50) of $38.4904 and a 200-day simple moving average (SMA200) of $40.5523.
The stock witnessed a 2.90% gain in the last 1 month and extending the period to 3 months gives it a -10.64%, and is -3.66% 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 2.23% over the week and 2.72% over the month.
Tri Pointe Homes Inc (TPH) has around 1438 employees, a market worth around $3.42B and $4.50B in sales. Current P/E ratio is 7.58 and Fwd P/E is 8.12. Profit margin for the company is 10.26%. Distance from 52-week low is 9.94% and -23.50% from its 52-week high. The company has generated returns on investments over the last 12 months (10.87%).
with sales reaching $1.22B over the same period.The EPS is expected to grow by 37.51% this year, but quarterly earnings will post 20.75% year-over-year. Quarterly sales are estimated to shrink -2.25% in year-over-year returns.
501.0 institutions hold shares in Tri Pointe Homes Inc (TPH), with institutional investors hold 105.00% of the company’s shares. The shares outstanding are 93.59M, and float is at 90.75M with Short Float at 4.55%. Institutions hold 102.58% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 16.98 million shares valued at $632.41 million. The investor’s holdings represent 17.8273 of the TPH Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.45 million shares valued at $426.4 million to account for 12.02 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 7.62 million shares representing 7.9978 and valued at over $283.71 million, while STATE STREET CORP holds 5.4867 of the shares totaling 5.23 million with a market value of $194.64 million.
Tri Pointe Homes Inc (TPH) Insider Activity
The most recent transaction is an insider sale by MITCHELL THOMAS J., the company’s President and COO. SEC filings show that MITCHELL THOMAS J. sold 77,384 shares of the company’s common stock on Dec 16 ’24 at a price of $39.15 per share for a total of $3.03 million. Following the sale, the insider now owns 0.71 million shares.
Still, SEC filings show that on Sep 13 ’24, LEE DAVID CH (General Counsel & Secretary) disposed off 5,000 shares at an average price of $44.28 for $0.22 million. The insider now directly holds 85,792 shares of Tri Pointe Homes Inc (TPH).
