The stock of TPG Inc (TPG) has seen a 2.14% increase in the past week, with a -4.45% drop in the past month, and a -8.77% decrease in the past quarter. The volatility ratio for the week is 2.07%, and the volatility levels for the past 30 days are at 2.67% for TPG. The simple moving average for the last 20 days is -1.58% for TPG stock, with a simple moving average of 6.01% for the last 200 days.
Is It Worth Investing in TPG Inc (NASDAQ: TPG) Right Now?
The 36-month beta value for TPG is also noteworthy at 1.51. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for TPG is 79.55M, and at present, short sellers hold a 3.50% of that float. The average trading volume of TPG on June 19, 2024 was 704.05K shares.
TPG) stock’s latest price update
The stock price of TPG Inc (NASDAQ: TPG) has plunged by -0.63 when compared to previous closing price of 41.24, but the company has seen a 2.14% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-06-17 that SAN FRANCISCO & ORLANDO, Fla.–(BUSINESS WIRE)–TPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced a significant strategic growth investment in K2 Medical Research (“K2” or the “Company”), an integrated clinical trial site platform specializing in central nervous system (CNS) trials for leading pharma and biotech sponsors. TPG is partnering with K2’s management team to continue building a world class research platform. Terms were not disclosed. Founded by Chi.
Analysts’ Opinion of TPG
Many brokerage firms have already submitted their reports for TPG stocks, with Morgan Stanley repeating the rating for TPG by listing it as a “Overweight.” The predicted price for TPG in the upcoming period, according to Morgan Stanley is $52 based on the research report published on May 10, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see TPG reach a price target of $38. The rating they have provided for TPG stocks is “Market Perform” according to the report published on January 04th, 2024.
BMO Capital Markets gave a rating of “Market Perform” to TPG, setting the target price at $36 in the report published on December 06th of the previous year.
TPG Trading at -4.25% from the 50-Day Moving Average
After a stumble in the market that brought TPG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.18% of loss for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.07%, as shares sank -5.16% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.42% lower at present.
During the last 5 trading sessions, TPG rose by +2.14%, which changed the moving average for the period of 200-days by +45.73% in comparison to the 20-day moving average, which settled at $41.53. In addition, TPG Inc saw -5.07% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TPG starting from BONDERMAN DAVID, who sale 1,584,746 shares at the price of $41.64 back on Feb 29 ’24. After this action, BONDERMAN DAVID now owns 0 shares of TPG Inc, valued at $65,988,823 using the latest closing price.
COULTER JAMES G, the Executive Chairman of TPG Inc, sale 1,334,746 shares at $41.64 during a trade that took place back on Feb 29 ’24, which means that COULTER JAMES G is holding 0 shares at $55,578,823 based on the most recent closing price.
Stock Fundamentals for TPG
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.66 for the gross margin
The net margin for TPG Inc stands at 0.02. The total capital return value is set at -0.02. Equity return is now at value 9.55, with 0.66 for asset returns.
Based on TPG Inc (TPG), the company’s capital structure generated 0.63 points at debt to capital in total, while cash flow to debt ratio is standing at 0.69. The debt to equity ratio resting at 1.71. The interest coverage ratio of the stock is -3.46.
Currently, EBITDA for the company is 105.58 million with net debt to EBITDA at 1.0. When we switch over and look at the enterprise to sales, we see a ratio of 5.84. The receivables turnover for the company is 9.27for trailing twelve months and the total asset turnover is 0.26.
Conclusion
In summary, TPG Inc (TPG) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
