TPG Inc (NASDAQ: TPG)’s stock price has dropped by -1.58 in relation to previous closing price of 65.90. Nevertheless, the company has seen a loss of -2.05% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-10 that TPG RE Finance Trust’s preferreds are trading for 77 cents on the dollar and offer an 8% yield on cost. The mREIT grew its loan investment portfolio during its fiscal 2024 third quarter as originations ran ahead of repayments. Cash and near-term liquidity of $357 million provide depth for preferred dividend payments that are 750% covered by free cash flow.
Is It Worth Investing in TPG Inc (NASDAQ: TPG) Right Now?
TPG has 36-month beta value of 1.44. Analysts have mixed views on the stock, with 5 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 84.01M, and currently, short sellers hold a 5.37% ratio of that float. The average trading volume of TPG on November 15, 2024 was 926.66K shares.
TPG’s Market Performance
TPG stock saw a decrease of -2.05% in the past week, with a monthly decline of -0.34% and a quarterly a decrease of 32.56%. The volatility ratio for the week is 3.46%, and the volatility levels for the last 30 days are 3.64% for TPG Inc (TPG). The simple moving average for the past 20 days is -2.63% for TPG’s stock, with a 32.98% 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 5.16% 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 -8.22% of loss for the given period.
Volatility was left at 3.64%, however, over the last 30 days, the volatility rate increased by 3.46%, as shares sank -2.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.94% upper at present.
During the last 5 trading sessions, TPG fell by -2.15%, which changed the moving average for the period of 200-days by +54.35% in comparison to the 20-day moving average, which settled at $66.61. In addition, TPG Inc saw 50.24% 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:
- -0.03 for the present operating margin
- 0.69 for the gross margin
The net margin for TPG Inc stands at 0.0. The total capital return value is set at -0.01. Equity return is now at value 1.58, with 0.11 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 7.56.
Conclusion
To put it simply, TPG Inc (TPG) has had a mixed 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.
