For its third fiscal quarter (ending September 30), Tri Pointe Homes Inc (NYSE: TPH) has reported a 55% increase in E.P.S. from $0.77 a year ago to $1.19 in the current quarter. E.P.S. were $4.87 for the latest four quarters through September 30 versus $4.13 for the same period a year ago — an increase of 18%.
Recent Price Action
On 10/24/24, Tri Pointe Homes Inc (NYSE: TPH) stock declined by -4.2%, closing at $40.73. Moreover, trading volume in this decline was unusually high at 192% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -12.8% during the last week.
Current PriceTarget Research Rating
TPH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Tri Pointe Homes has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Tri Pointe Homes has a good Appreciation Score of 78 and a good Power Rating of 82, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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