Recent exceptional positive changes in investment behavior have benefitted Tiptree Inc (NASDAQ: TIPT): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Tiptree Inc (NASDAQ: TIPT) has benefited from slight positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be below the cost of capital, TIPT is expected to continue to be a modest Value Eraser.
Tiptree has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Tiptree has a poor Appreciation Score of 17 but a neutral Power Rating of 52, triggering the Negative Value Trend Rating.
Recent Price Action
Tiptree Inc (NASDAQ: TIPT) stock declined slightly by -0.8% on 5/22/24. The stock closed at $17.83. This decline was accompanied by normal trading volume. The stock has risen 7.1% during the last week and has performed in line with the market over the last nine months.
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