The stock of TPG RE Finance Trust Inc (NYSE: TRTX) has decreased by -0.57 when compared to last closing price of 8.77. Despite this, the company has experienced a 2.47% gain in its stock price over the last five trading sessions. zacks.com reported 2024-12-20 that TRTX, LTM and BANF made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 20, 2024.
Is It Worth Investing in TPG RE Finance Trust Inc (NYSE: TRTX) Right Now?
TPG RE Finance Trust Inc (NYSE: TRTX) has a higher price-to-earnings ratio of 12.62x compared to its average ratio. TRTX has 36-month beta value of 2.21. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TRTX is 66.35M, and currently, short sellers hold a 3.73% ratio of that float. The average trading volume of TRTX on December 27, 2024 was 666.71K shares.
TRTX’s Market Performance
The stock of TPG RE Finance Trust Inc (TRTX) has seen a 2.47% increase in the past week, with a -3.43% drop in the past month, and a 1.87% gain in the past quarter. The volatility ratio for the week is 2.91%, and the volatility levels for the past 30 days are at 2.49% for TRTX. The simple moving average for the past 20 days is -2.24% for TRTX’s stock, with a 2.37% simple moving average for the past 200 days.
Analysts’ Opinion of TRTX
Many brokerage firms have already submitted their reports for TRTX stocks, with JP Morgan repeating the rating for TRTX by listing it as a “Overweight.” The predicted price for TRTX in the upcoming period, according to JP Morgan is $9.50 based on the research report published on October 17, 2024 of the current year 2024.
BTIG Research, on the other hand, stated in their research note that they expect to see TRTX reach a price target of $11. The rating they have provided for TRTX stocks is “Buy” according to the report published on July 19th, 2024.
Raymond James gave a rating of “Outperform” to TRTX, setting the target price at $8.50 in the report published on April 12th of the current year.
TRTX Trading at -1.10% from the 50-Day Moving Average
After a stumble in the market that brought TRTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.73% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares sank -5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.93% upper at present.
During the last 5 trading sessions, TRTX rose by +2.47%, which changed the moving average for the period of 200-days by +14.74% in comparison to the 20-day moving average, which settled at $8.92. In addition, TPG RE Finance Trust Inc saw 34.15% 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 TRTX starting from STARWOOD CAPITAL GROUP GLOBAL, who sale 9,352,941 shares at the price of $8.84 back on May 08 ’24. After this action, STARWOOD CAPITAL GROUP GLOBAL now owns 2,647,059 shares of TPG RE Finance Trust Inc, valued at $82,679,998 using the latest closing price.
PE Holder, L.L.C., the 10% Owner of TPG RE Finance Trust Inc, sale 9,352,941 shares at $8.84 during a trade that took place back on May 08 ’24, which means that PE Holder, L.L.C. is holding 2,647,059 shares at $82,679,998 based on the most recent closing price.
Stock Fundamentals for TRTX
Current profitability levels for the company are sitting at:
- 0.54 for the present operating margin
- 0.76 for the gross margin
The net margin for TPG RE Finance Trust Inc stands at 0.43. The total capital return value is set at 0.02. Equity return is now at value 6.01, with 1.67 for asset returns.
Based on TPG RE Finance Trust Inc (TRTX), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 2.21. The interest coverage ratio of the stock is 0.38.
When we switch over and look at the enterprise to sales, we see a ratio of 19.2. The receivables turnover for the company is 4.95for trailing twelve months and the total asset turnover is 0.04.
Conclusion
To put it simply, TPG RE Finance Trust Inc (TRTX) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.
