Tri Pointe Homes Inc (NYSE:TPH) shares, rose in value on Friday, March 28, with the stock price down by -2.42% to the previous day’s close as strong demand from buyers drove the stock to $31.85.
Actively observing the price movement in the last trading, the stock closed the session at $32.64, falling within a range of $31.625 and $32.816. The value of beta (5-year monthly) was 1.713 whereas the PE ratio was 6.60 over 12-month period. Referring to stock’s 52-week performance, its high was $47.78, and the low was $30.25. On the whole, TPH has fluctuated by 2.05% over the past month.
With the market capitalization of Tri Pointe Homes Inc currently standing at about $2.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Feb-17.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.8B, with a low estimate of 698.3M and a high estimate of 738M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 713.65M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that TPH’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of TPH currently trading nearly -0.23% and -6.04% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.08, while the 7-day volatility ratio is showing 2.72% which for the 30-day chart, stands at 2.66%. Furthermore, Tri Pointe Homes Inc (TPH)’s beta value is 1.45, and its average true range (ATR) is 0.95.
A comparison of Tri Pointe Homes Inc (TPH) with its peers suggests the former has fared considerably weaker in the market. TPH showed an intraday change of -2.42% in last session, and over the past year, it shrunk by -13.45%%.
Data on historical trading for Tri Pointe Homes Inc (NYSE:TPH) indicates that the trading volumes over the past 10 days have averaged 1.14 and over the past 3 months, they’ve averaged 941.23K. According to company’s latest data on outstanding shares, there are 92.45 million shares outstanding.
Nearly 3.36% of Tri Pointe Homes Inc’s shares belong to company insiders and institutional investors own 100.32% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.74 million shares as on 2025-03-14, resulting in a short ratio of 2.19. According to the data, the short interest in Tri Pointe Homes Inc (TPH) stood at 459.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 3.96 million. The stock has fallen by -12.16% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the TPH stock heading into the next quarter.
