How does TPG Inc. (TPG) change from a tortoise to a hare?

TPG Inc. (NASDAQ: TPG) stock fell -3.91% on Tuesday to $25.56 against a previous-day closing price of $26.60. With 0.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $26.97 whereas the lowest price it dropped to was $25.48. The 52-week range on TPG shows that it touched its highest point at $44.43 and its lowest point at $23.09 during that stretch. It currently has a 1-year price target of $32.38. With its current market cap of 7.70 billion, TPG has annualized dividend of $0.80 while the current yield stands at 3.13%.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPG was down-trending over the past week, with a drop of -6.27%, but this was down by -13.39% over a month. Three-month performance dropped to -21.64% while six-month performance fell -27.86%. The stock lost -5.47% in the past year, while it has lost -8.16% so far this year. A look at the trailing 12-month EPS for TPG yields 0.22 with Next year EPS estimates of 2.22. For the next quarter, that number is 0.38. This implies an EPS growth rate of -95.70% for this year and 46.86% for next year.

Float and Shares Shorts:

At present, 309.14 million TPG shares are outstanding with a float of 53.63 million shares on hand for trading. On Apr 27, 2023, short shares totaled 4.06 million, which was 5.05% higher than short shares on Mar 30, 2023. In addition to Mr. James George Coulter as the firm’s Founder & Exec. Chairman, Mr. Jon Winkelried serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 67.26% of TPG’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 36.37% of TPG, in contrast to 34.73% held by mutual funds. Shares owned by individuals account for 13.14%. As the largest shareholder in TPG with 7.97% of the stake, GIC Pte Ltd. holds 5,679,369 shares worth 5,679,369. A second-largest stockholder of TPG, The Vanguard Group, Inc., holds 5,337,497 shares, controlling over 7.49% of the firm’s shares. Temasek Holdings Pte Ltd. is the third largest shareholder in TPG, holding 5,220,258 shares or 7.33% stake. With a 3.83% stake in TPG, the Capital Income Builder is the largest stakeholder. A total of 2,726,686 shares are owned by the mutual fund manager. The Government Pension Fund – Global, which owns about 2.82% of TPG stock, is the second-largest Mutual Fund holder. It holds 2,011,939 shares valued at 58.29 million. MFS Mid Cap Value Fund holds 2.72% of the stake in TPG, owning 1,933,766 shares worth 56.02 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPG since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With TPG analysts setting a high price target of $39.00 and a low target of $27.00, the average target price over the next 12 months is $32.35. Based on these targets, TPG could surge 52.58% to reach the target high and rise by 5.63% to reach the target low. Reaching the average price target will result in a growth of 26.56% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Dividends & Yield:

In terms of dividends, TPG has a current ratio of $1.35, which is $1.35 over the trailing 12-months. Dividend yield is another indicator that appeals to many investors, and TPG currently yields $6.22. In the past year, TPG’s dividend yield has been $6.22.

Summary of Insider Activity:

Insiders traded TPG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 17 while that of sell transactions has risen to 7 over the past year. The total number of shares bought during that period was 904,248 while 1,063,577 shares were sold.

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