The stock price of TPG Inc (NASDAQ: TPG) has surged by 2.31 when compared to previous closing price of 57.99, but the company has seen a 9.97% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-16 that NEW YORK–(BUSINESS WIRE)–An investor group led by TPG Angelo Gordon, a diversified credit and real estate investing platform within TPG Inc. (NASDAQ: TPG), along with its investment and operating partners—Dream Unlimited Corp. (TSX: DRM) (“Dream”) and Stadium Capital Partners—today announced it has entered into an agreement to acquire a Dutch residential portfolio from European Residential REIT (“ERES”) for approximately €695 million. The closing of the acquisition is subject to customary clo.
Is It Worth Investing in TPG Inc (NASDAQ: TPG) Right Now?
TPG has 36-month beta value of 1.48. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 8 as “hold,” and 0 as “sell.”
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The public float for TPG is 83.40M, and currently, short sellers hold a 4.96% ratio of that float. The average trading volume of TPG on September 20, 2024 was 954.75K shares.
TPG’s Market Performance
TPG’s stock has seen a 9.97% increase for the week, with a 22.25% rise in the past month and a 42.55% gain in the past quarter. The volatility ratio for the week is 3.26%, and the volatility levels for the past 30 days are at 2.79% for TPG Inc The simple moving average for the last 20 days is 15.08% for TPG stock, with a simple moving average of 34.89% for the last 200 days.
Analysts’ Opinion of TPG
Many brokerage firms have already submitted their reports for TPG stocks, with Wells Fargo repeating the rating for TPG by listing it as a “Overweight.” The predicted price for TPG in the upcoming period, according to Wells Fargo is $60 based on the research report published on September 12, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see TPG reach a price target of $52, previously predicting the price at $43. The rating they have provided for TPG stocks is “Overweight” according to the report published on May 10th, 2024.
TD Cowen gave a rating of “Market Perform” to TPG, setting the target price at $38 in the report published on January 04th of the current year.
TPG Trading at 21.58% 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 able to rebound, for now settling with 0.56% of gains for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 3.26%, as shares surge +19.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +44.07% upper at present.
During the last 5 trading sessions, TPG rose by +9.97%, which changed the moving average for the period of 200-days by +67.41% in comparison to the 20-day moving average, which settled at $52.05. In addition, TPG Inc saw 37.43% 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 TPG starting from MESSEMER DEBORAH M., who sale 4,089 shares at the price of $46.55 back on Jul 17 ’24. After this action, MESSEMER DEBORAH M. now owns 17,536 shares of TPG Inc, valued at $190,332 using the latest closing price.
MESSEMER DEBORAH M., the Director of TPG Inc, sale 6,390 shares at $43.97 during a trade that took place back on Feb 28 ’24, which means that MESSEMER DEBORAH M. is holding 18,033 shares at $280,980 based on the most recent closing price.
Stock Fundamentals for TPG
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.87 for the gross margin
The net margin for TPG Inc stands at 0.01. The total capital return value is set at -0.01. Equity return is now at value 2.83, with 0.20 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 0.3. The debt to equity ratio resting at 1.72. The interest coverage ratio of the stock is -2.07.
Currently, EBITDA for the company is 105.58 million with net debt to EBITDA at 1.1. When we switch over and look at the enterprise to sales, we see a ratio of 8.02. The receivables turnover for the company is 8.61for trailing twelve months and the total asset turnover is 0.27.
Conclusion
To put it simply, TPG Inc (TPG) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
