InvestorsObserver is giving TRI Pointe Group Inc (TPH) an Analyst Rating Rank of 18, meaning TPH is ranked higher by analysts than 18% of stocks. The average projection by analysts for TPH is $13.4 over the next 12 months and analyst’s classify the stock as a Buy
Why are Analyst Ratings Important?
You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers.
InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.
What's Happening With TRI Pointe Group Inc Stock Today?
TRI Pointe Group Inc (TPH) stock has risen 1.32% while the S&P 500 is lower by -0.33% as of 2:59 PM on Tuesday, Jul 7. TPH is higher by $0.19 from the previous closing price of $14.41 on volume of 810,293 shares. Over the past year the S&P 500 has risen 6.49% while TPH is higher by 19.38%. TPH earned $1.71 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 8.53.