Wall Street analysts’ outlook for Tri Pointe Homes Inc. (TPH)

With 0.8 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. During the session, the Residential Construction company that operates in wider Consumer Cyclical sector, reached to the highest price of $45.065 whereas the lowest price it dropped to was $43.81. The 52-week range on TPH shows that it touched its highest point at $47.78 and its lowest point at $24.18 during that stretch. It currently has a 1-year price target of $49.60. Beta for the stock currently stands at 1.59.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPH was down-trending over the past week, with a drop of -4.72%, but this was down by -2.62% over a month. Three-month performance surged to 18.94% while six-month performance rose 15.58%. The stock gained 62.07% in the past year, while it has gained 23.84% so far this year. A look at the trailing 12-month EPS for TPH yields 4.40 with Next year EPS estimates of 4.97. For the next quarter, that number is 1.08. This implies an EPS growth rate of 37.97% for this year and 4.47% for next year. EPS is expected to decline by -8.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 13.74%.

Float and Shares Shorts:

At present, 95.53 million TPH shares are outstanding with a float of 90.61 million shares on hand for trading. On 2024-09-13, short shares totaled 2.28 million, which was 244.00001000000003 higher than short shares on 1723680000. In addition to Mr. Douglas F. Bauer as the firm’s CEO & Non-Independent Director, Mr. Thomas J. Mitchell serves as its President & COO.

Institutional Ownership:

Through their ownership of 0.99323 of TPH’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, TPH reported revenue of $1154924000.0 and operating income of $149196000.0. The EBITDA in the recently reported quarter was $156893000.0 and diluted EPS was $1.25.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPH since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.