What Are The Risk Factors For Tri Pointe Homes Inc. (TPH)?

As of Wednesday close, Tri Pointe Homes Inc.’s (NYSE:TPH) stock was down -$0.38, moving down -1.45 percent to $25.80. The average number of shares traded per day over the past five days has been 1,023,980 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.23 fall in that time frame. In the last twenty days, the average volume was 909,205, while in the previous 50 days, it was 1,163,424.

Since last month, TPH stock rose 6.09%. Shares of the company fell to $23.53 on 11/03/21, the lowest level in the past month. A 52-week high of $26.62 was reached on 11/19/21 after having rallying from a 52-week low of $16.59. Since the beginning of this year, TPH’s stock price has risen by 49.57% or $8.55, and marked a new high 21 times. However, the stock has declined by -3.08% since its 52-week high.


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Insider Transactions

Tri Pointe Homes Inc. (TPH) last reported insider trading activity 85 days ago on Sep 01. BAUER DOUGLAS F., the Chief Executive Officer of the company, disposed of 81,295 shares for $24.19 on Sep 01. It resulted in a $1,966,526 divestment by the insider. BAUER DOUGLAS F. sold 30,787 shares at an average price of $24.11 on Aug 30. The insider now owns 431,906 shares following the transaction. On Aug 27, Chief Executive Officer BAUER DOUGLAS F. sold 200,000 shares at $24.14 apiece. The transaction was valued at $4,828,000.

Valuation Metrics

Right now, Tri Pointe Homes Inc. (TPH) has a P/E ratio of about 7.01. This is lower than the industry average, which comes in at 8.96 right now. Further, its PE also compares favorably with the overall sector’s trailing 12 months PE ratio, which currently stands at 33.88. Within the last five years, Tri Pointe Homes Inc.’s PE ratio varied between 16.76 and 4.176. The stock’s beta is 1.48. Besides these, the trailing price-to-sales (P/S) ratio of 0.77, the price-to-book (PB) ratio of 1.24, and the price-to-cash flow ratio of 6.87 may also be considered.

According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 0.57, and the total debt-to-equity ratio was 0.57. On the profitability front, the trailing twelve-month gross margin is 25.00% percent. In the year ended September 29, EBITDA margin amounted to 12.44%, whereas operating margins totaled 14.80%. Based on annual data, TPH earned $370.53 million in gross profit and brought in $3.26 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.80%. Return on equity (ROE) for the past 12 months was 19.20%. In the past year, the industry average ROE stood at 27.45.

Earnings Surprise

In Tri Pointe Homes Inc.’s quarter-end financial report for September 29, it reported total debt of $257.38 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. TPH’s revenue rose 30.94% to $1.02 billion during the quarter, while net income inched up to $1.21 billion. While analysts expected Tri Pointe Homes Inc. to report $0.89 quarterly earnings, the actual figure was $1.17 per share, beating the consensus estimate by 31.50%. During the quarter, the company generated $185.88 million in EBITDA. The value of shareholders’ equity is $111.14 million.

Technical Picture

This quick technical analysis looks at Tri Pointe Homes Inc.’s (TPH) price momentum. With a historical volatility rate of 22.18%, the RSI 9-day stood at 57.76% on 24 November.

With respect to its five-day moving average, the current Tri Pointe Homes Inc. price is down by -0.88% percent or -$0.23. At present, TPH shares trade +7.90% above its 20-day simple moving average and +20.73% percent above its 100-day simple moving average. However, the stock is currently trading approximately +17.17% above its SMA50 and +20.06% above its SMA200.

Stochastic coefficient K was 75.02% and Stochastic coefficient D was 78.79%, while ATR was 0.68. Given the Stochastic reading of 68.70% for the 14-day period, the RSI (14) reading has been calculated as 59.54%. As of today, the MACD Oscillator reading stands at 0.01, while the 14-day reading stands at 0.40.

Analyst Ratings

RBC Capital Mkts upgraded its rating on Tri Pointe Homes Inc. (NYSE: TPH) to a Sector perform in a note to investors on October 22, 2021. The analysts firm previously had an Underperform rating on the stock.Tri Pointe Homes Inc. (TPH) has been rated Overweight by analysts. According to 0 brokerage firms, TPH is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Tri Pointe Homes Inc. stock as buy, with 5 recommending it as overweight.

What is TPH’s price target for the next 12 months?

With a median target price of $32.00, the current consensus forecast for the stock is $25.00 – $40.00. Based on these forecasts, analysts predict Tri Pointe Homes Inc. (TPH) will achieve an average price target of $31.71.

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