With 1.27 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.21 million shares. The 52-week range on TPH shows that it touched its highest point at $47.78 and its lowest point at $27.90 during that stretch. It currently has a 1-year price target of $39.17. Beta for the stock currently stands at 1.27.
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 TPH was down-trending over the past week, with a drop of -0.25%, but this was up by 8.16% over a month. Three-month performance dropped to -11.92% while six-month performance fell -26.66%. The stock lost -19.95% in the past year, while it has lost -12.60% so far this year. A look at the trailing 12-month EPS for TPH yields 4.49 with Next year EPS estimates of 3.36. For the next quarter, that number is 0.69. This implies an EPS growth rate of -37.39% for this year and 11.24% for next year. EPS is expected to decline by -6.07% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 26.92%.
Float and Shares Shorts:
At present, 90.67 million TPH shares are outstanding with a float of 87.72 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPH since 5 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.79418 being high and $4.71378 being low. For TPH, this leads to a yearly average estimate of $4.74393. Based on analyst estimates, the high estimate for the next quarter is $0.9 and the low estimate is $0.69. The average estimate for the next quarter is thus $0.76.
