Tri Pointe Homes, Inc. (NYSE:TPH) has obtained a mean price target of $17.570 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.390 a share for the near-term quarter and $1.270 for this year.
The technical analysis of TRI Pointe Group, Inc. Common S clearly shows that the moving average of 50-days of Tri Pointe Homes, Inc. (NYSE:TPH) stock is $13.561, and is trading $-0.106 points away or -0.785% from its 50-day moving average of $13.561. Further it is trading $1.434 or +11.928% away its 200-day moving average of $12.021.
The 52-week high of Tri Pointe Homes, Inc. (NYSE:TPH) was $14.840 while $8.830 is the low in the same period. This state TRI Pointe Group, Inc. Common S shares price has to travel more than $-1.385 to register a new high of 52-weeks or drop +52.378% to touch a new 52-week low point. MA here stands for moving average.
Taking the valuation aspect to reach the estimation of TRI Pointe Group, Inc. Common S, investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Tri Pointe Homes, Inc. (NYSE:TPH) ratio came in at 9.159, which was derived by dividing current price of stock by yearly earnings. TRI Pointe Group, Inc. Common S stock recorded a close of $13.455 in last trading session, reaching a market cap of $2.16B.
Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Tri Pointe Homes, Inc. (NYSE:TPH) PEG ratio is at 0.530.
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