The 36-month beta value for TPG is at 1.52. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 2 rating it as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for TPG is 83.40M, and currently, shorts hold a 6.21% of that float. The average trading volume for TPG on September 27, 2024 was 966.68K shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
TPG) stock’s latest price update
TPG Inc (NASDAQ: TPG) has seen a decline in its stock price by -1.13 in relation to its previous close of 58.49. However, the company has experienced a -2.53% decline in its stock price over the last five trading sessions. businesswire.com reported 2024-09-26 that ATLANTA & SAN FRANCISCO–(BUSINESS WIRE)–Homrich Berg (“HB” or the “Firm”) proudly announces a new chapter in its 35-year history, with a strategic minority investment from TPG Growth, the middle market and growth equity platform of TPG (NASDAQ: TPG), a leading global alternative asset management firm. Terms of the transaction were not disclosed. This partnership marks a milestone for the Atlanta-based registered investment adviser (RIA) with $18 billion in assets under management and builds u.
TPG’s Market Performance
TPG’s stock has fallen by -2.53% in the past week, with a monthly rise of 14.36% and a quarterly rise of 38.12%. The volatility ratio for the week is 2.31% while the volatility levels for the last 30 days are 2.87% for TPG Inc The simple moving average for the past 20 days is 7.63% for TPG’s stock, with a 29.82% simple moving average for the past 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 15.09% 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 -4.18% of loss for the given period.
Volatility was left at 2.87%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares surge +15.98% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +23.28% upper at present.
During the last 5 trading sessions, TPG fell by -2.53%, which changed the moving average for the period of 200-days by +54.25% in comparison to the 20-day moving average, which settled at $54.13. In addition, TPG Inc saw 33.96% 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 7.82. The receivables turnover for the company is 8.61for trailing twelve months and the total asset turnover is 0.27.
Conclusion
In conclusion, TPG Inc (TPG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
