Triple-S Management Corporation (NYSE:GTS) price closed higher on Tuesday, August 24, jumping 45.51% above its previous close.
A look at the daily price movement shows that the last close reads $24.19, with intraday deals fluctuated between $34.70 and $35.475. The company’s 5Y monthly beta was ticking 0.73 while its P/E ratio in the trailing 12-month period read 8.51. Taking into account the 52-week price action we note that the stock hit a 52-week high of $28.84 and 52-week low of $17.32. The stock added 49.47% on its value in the past month.
Triple-S Management Corporation, which has a market valuation of $870.14 million, is expected to release its quarterly earnings report Nov 04, 2021 – Nov 08, 2021. Analysts tracking GTS have forecast the quarterly EPS to shrink by 0 per share this quarter, while the same analysts predict the annual EPS to hit $0 for the year 2021 and up to $0 for 2021.
On average, analysts have forecast the company’s revenue for the quarter will hit $973.95 million, with the likely lows of $893.64 million and highs of $893.64 million. The average estimate suggests sales growth for the quarter will likely rise by 17.20% when compared to those recorded in the same quarter in the last financial year. Staying with the analyst view, there is a consensus estimate of $3.69 billion for the company’s annual revenue in 2020. Per this projection, the revenue is forecast to grow 10.80% above that which the company brought in 2020.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give GTS a short term outlook of 50% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Buy.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 0.85. The overview shows that GTS’s price is at present 47.51% off the SMA20 and 49.61% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 84.31, with weekly volatility standing at 4.21%. The indicator jumps to 2.87% when calculated based on the past 30 days. Triple-S Management Corporation (NYSE:GTS)’s beta value is holding at 0.73, while the average true range (ATR) indicator is currently reading 1.53.
Turning out attention to how the Triple-S Management Corporation stock has performed in comparison to its peers in the industry, here’s what we find: GTS’s stock is 45.51% on the day and 79.13% in the past 12 months, while Humana Inc. (HUM) traded -0.51% in the last session and was positioned 1.54% up on its price 12 months ago. Another comparison is with Molina Healthcare Inc. (MOH) whose stock price was up 1.83% in the last trading session, and has flourished 47.39% over the past year. As for Triple-S Management Corporation, the P/E ratio stands at 8.51 lower than that of Humana Inc.’s at 21.79 and Molina Healthcare Inc.’s 24.95. Elsewhere in the market, the S&P 500 Index has rallied 0.15% in last trading session, with the Dow Jones Industrial also saw a positive session on the day with 0.09%.
An analysis of the Triple-S Management Corporation (NYSE:GTS) stock in terms of its daily trading volume indicates that the 3-month average is 52.28K. However, this figure increases on the past 10-day timeline to an average of 61930.0.
Current records show that the company has 23.48M in outstanding shares. The insiders’ percentage holdings are 4.50% of outstanding shares while the percentage share held by institutions stands at 78.40%. The stats also highlight that short interest as of Jun 29, 2021, stood at 0.67 million shares, which puts the short ratio at the time at 9.65. From this we can glean that short interest is 2.85% of company’s current outstanding shares. Notably, we see that shares short in June fall slightly given the previous month’s figure stood at 0.69 million. But the 64.87% upside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.