With 1.94 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.03 million shares. The 52-week range on TPG shows that it touched its highest point at $72.98 and its lowest point at $39.18 during that stretch. It currently has a 1-year price target of $70.50. With its current market cap of 21.61 billion, TPG has annualized dividend of $1.65 while the current yield stands at 2.82%. Beta for the stock currently stands at 1.47.
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 TPG was down-trending over the past week, with a drop of -3.86%, but this was down by -14.59% over a month. Three-month performance dropped to -9.54% while six-month performance rose 19.56%. The stock gained 35.45% in the past year, while it has lost -6.91% so far this year. A look at the trailing 12-month EPS for TPG yields -0.42 with Next year EPS estimates of 3.15. For the next quarter, that number is 0.53. This implies an EPS growth rate of 17.69% for this year and 30.72% for next year.
Float and Shares Shorts:
At present, 109.21 million TPG shares are outstanding with a float of 81.78 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPG since 6 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.98691 being high and $1.89705 being low. For TPG, this leads to a yearly average estimate of $1.94697. Based on analyst estimates, the high estimate for the next quarter is $0.62 and the low estimate is $0.45. The average estimate for the next quarter is thus $0.56.
