The stock of Tri Pointe Homes Inc. (TPH) has seen a 4.69% increase in the past week, with a 17.68% gain in the past month, and a 0.17% flourish in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 2.75% for TPH. The simple moving average for the last 20 days is 9.98% for TPH stock, with a simple moving average of 4.87% for the last 200 days.

Is It Worth Investing in Tri Pointe Homes Inc. (NYSE: TPH) Right Now?

The price-to-earnings ratio for Tri Pointe Homes Inc. (NYSE: TPH) is above average at 7.23x, while the 36-month beta value is 1.55.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The average price point forecasted by analysts for Tri Pointe Homes Inc. (TPH) is $34.67, which is $5.18 above the current market price. The public float for TPH is 94.83M, and currently, short sellers hold a 3.39% ratio of that floaft. The average trading volume of TPH on November 17, 2023 was 832.40K shares.

TPH) stock’s latest price update

The stock of Tri Pointe Homes Inc. (NYSE: TPH) has increased by 0.27 when compared to last closing price of 29.41. Despite this, the company has experienced a 4.69% gain in its stock price over the last five trading sessions. Zacks Investment Research reported 2023-10-30 that Tri Pointe (TPH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Analysts’ Opinion of TPH

Many brokerage firms have already submitted their reports for TPH stocks, with Oppenheimer repeating the rating for TPH by listing it as a “Outperform.” The predicted price for TPH in the upcoming period, according to Oppenheimer is $36 based on the research report published on September 07, 2023 of the current year 2023.

TPH Trading at 8.35% from the 50-Day Moving Average

After a stumble in the market that brought TPH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.37% of loss for the given period.

Volatility was left at 2.75%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +19.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.39% lower at present.

During the last 5 trading sessions, TPH rose by +4.88%, which changed the moving average for the period of 200-days by +27.85% in comparison to the 20-day moving average, which settled at $27.06. In addition, Tri Pointe Homes Inc. saw 58.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TPH starting from BURROWS LAWRENCE B., who sale 7,677 shares at the price of $31.48 back on Aug 02. After this action, BURROWS LAWRENCE B. now owns 86,891 shares of Tri Pointe Homes Inc., valued at $241,672 using the latest closing price.

KEELER GLENN J., the CFO and CAO of Tri Pointe Homes Inc., sale 21,413 shares at $33.01 during a trade that took place back on Jun 14, which means that KEELER GLENN J. is holding 102,194 shares at $706,843 based on the most recent closing price.

Stock Fundamentals for TPH

Current profitability levels for the company are sitting at:

The net margin for Tri Pointe Homes Inc. stands at +13.25. The total capital return value is set at 19.11, while invested capital returns managed to touch 14.17. Equity return is now at value 14.92, with 8.81 for asset returns.

Based on Tri Pointe Homes Inc. (TPH), the company’s capital structure generated 51.40 points at debt to equity in total, while total debt to capital is 33.95. Total debt to assets is 30.84, with long-term debt to equity ratio resting at 51.02. Finally, the long-term debt to capital ratio is 33.70.

When we switch over and look at the enterprise to sales, we see a ratio of 0.87, with the company’s debt to enterprise value settled at 0.58. The receivables turnover for the company is 30.36 and the total asset turnover is 0.96. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.45.

Conclusion

In a nutshell, Tri Pointe Homes Inc. (TPH) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.