For its first fiscal quarter (ending March 31), Tri Pointe Homes Inc (NYSE: TPH) has reported E.P.S. of $1.04 compared to $0.74 a year ago. E.P.S. were $3.80 for the latest four quarters through March 31 versus $5.55 for the same period a year ago.
Recent Price Action
On 4/25/24, Tri Pointe Homes Inc (NYSE: TPH) stock increased 1.8%, closing at $36.82. Trading volume in this advance was normal. The stock has risen 6.7% during the last week and has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TPH is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
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 consistent signals. Tri Pointe Homes has a good Appreciation Score of 84 and a very high Power Rating of 92, producing the Highest Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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