Investors’ Patience Is Being Tested Right Now By Tri Pointe Homes Inc. (NYSE: TPH)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Yahoo Finance discussed the stock recently as it posted Bobby Berk’s Designs Now Available Through Tri Pointe Homes.

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Stocks Info

Tri Pointe Homes Inc. is listed on the NYSE as a member of the Consumer Cyclical sector and is a part of the Residential Construction industry. The current market capitalization of Tri Pointe Homes Inc. is $3.37B. A total of 0.56 million shares were traded on the day, compared to an average of 778.69K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, TPH has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 18 SELLs from insiders. Insiders purchased 598,670 shares during that period but sold 334,296.

In the most recent transaction, BURROWS LAWRENCE B. sold 7,677 shares of TPH for 31.48 per share on Aug 02. After the transaction, the Director now owns 86,891 company shares. In a previous transaction on Jun 14, KEELER GLENN J. sold 21,413 shares at 33.01 per share. TPH shares that CFO and CAO owns now total 102,194.

Among the insiders who sold shares, BAUER DOUGLAS F. disposed of 19,076 shares on May 03 at a per-share price of $29.24. This resulted in the Chief Executive Officer holding 423,514 shares of TPH after the transaction. In another insider transaction, GILBERT STEVEN J sold 3,699 shares at $24.07 per share on Mar 03. Company shares held by the Director now total 64,569.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for TPH in the last 3 months, the mean price target is $37.17 with high estimates of $41.00 and low estimates of $32.00. In terms of 52-week highs and lows, TPH has a high of $36.37 and a low of $21.84.

As of this writing, TPH has an earnings estimate of $1.18 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of $1.3 per share and a lower estimate of $1.1. The company reported an EPS of $0.6 in the last quarter, which was 3.40% higher than expectations of $0.58.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. TPH’s latest balance sheet shows that the firm has $681.53M in Cash & Short Term Investments as of fiscal 2021. There were $1.41B in debt and $244.02M in liabilities at the time. Its Book Value Per Share was $30.03, while its Total Shareholder’s Equity was $2.45B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TPH is Buy with a score of 4.00.

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