TPG Inc (NASDAQ: TPG) on Monday, soared 3.76% from the previous trading day, before settling in for the closing price of $66.22. Within the past 52 weeks, TPG’s price has moved between $30.99 and $69.86.
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A company in the Financial sector has jumped its sales by 29.25% annually for the last half of the decade. The company achieved an average annual earnings per share of 24.50%. With a float of $82.99 million, this company’s outstanding shares have now reached $96.27 million.
In an organization with 1850 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 71.63%, operating margin of -2.78%, and the pretax margin is 0.64%.
TPG Inc (TPG) Insider and Institutional Ownership
Observing investor behavior towards Asset Management industry stocks is more important than anything else. The insider ownership of TPG Inc is 13.79%, while institutional ownership is 80.52%. The most recent insider transaction that took place on Jul 17 ’24, was worth 190,332. In this transaction Director of this company sold 4,089 shares at a rate of $46.55, taking the stock ownership to the 17,536 shares. Before that another transaction happened on Feb 28 ’24, when Company’s Director sold 6,390 for $43.97, making the entire transaction worth $280,980. This insider now owns 18,033 shares in total.
TPG Inc (TPG) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.51 earnings per share (EPS) for the period topping the consensus outlook (set at 0.41) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.50% per share during the next fiscal year.
TPG Inc (NASDAQ: TPG) Trading Performance Indicators
TPG Inc (TPG) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.47 in one year’s time.
Technical Analysis of TPG Inc (TPG)
Let’s dig in a bit further. During the last 5-days, its volume was 1.4 million. That was better than the volume of 0.88 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 73.49%. Additionally, its Average True Range was 2.52.
During the past 100 days, TPG Inc’s (TPG) raw stochastic average was set at 93.61%, which indicates a significant increase from 82.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.20% in the past 14 days, which was higher than the 38.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.33, while its 200-day Moving Average is $48.29. However, in the short run, TPG Inc’s stock first resistance to watch stands at $70.60. Second resistance stands at $72.50. The third major resistance level sits at $74.32. If the price goes on to break the first support level at $66.88, it is likely to go to the next support level at $65.06. The third support level lies at $63.16 if the price breaches the second support level.
TPG Inc (NASDAQ: TPG) Key Stats
Market capitalization of the company is 25.00 billion based on 364,826K outstanding shares. Right now, sales total 2,390 M and income totals 80,090 K. The company made 744,190 K in profit during its latest quarter, and -13,980 K in sales during its previous quarter.
