TRI Pointe Group, Inc.s in-depth stock price analysis indicates that the stock price has rallied 5.86% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -10.63% . Looking at the past 52 week period, the stock price is up at 30.09% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of TRI Pointe Group, Inc. has a negative value of -2.55 compared to overall market performance. TRI Pointe Group, Inc. (NYSE:TPH) has tumbled 0.41% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 3.11% in the last four weeks. The stocks have underperformed the S&P 500 by 1.21% during the past week but TRI Pointe Group, Inc. (NYSE:TPH) it has outperformed the index in 4 weeks by 1.26%.
TRI Pointe Group, Inc. (NYSE:TPH) : On Friday heightened volatility was witnessed in TRI Pointe Group, Inc. (NYSE:TPH) which led to swings in the share price. The stock opened for trading at $11.99 and hit $12.3 on the upside , eventually ending the session at $12.28, with a gain of 2.93% or 0.35 points. The heightened volatility saw the trading volume jump to 1,169,457 shares. The 52-week high of the share price is $14.2 and the company has a market cap of $1,966 million. The 52-week low of the share price is at $8.865 .
TRI Pointe Group Inc Last issued its quarterly earnings results on Oct 27, 2016. The company reported $0.22 EPS for the quarter, missing the analyst consensus estimate by $ -0.01. Analyst had a consensus of $0.23. The company had revenue of $581.79 million for the quarter, compared to analysts expectations of $557.83 million. The companys revenue was down -10.2 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.31 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.TRI Pointe Group Inc was Initiated by Barclays on Jan 6, 2017 to Overweight, Price Target of the shares are set at $14.
Company has reported several Insider transactions to the SEC, on Jul 2, 2015, Douglas F. Bauer (Chief Executive Officer) sold 80,000 shares at 15.20 per share price.On Jul 2, 2015, Michael D. Grubbs (CFO and Treasurer) sold 45,000 shares at 15.22 per share price.On Jun 26, 2015, Thomas J. Mitchell (President, COO and Secretary) sold 25,000 shares at 16.00 per share price.
TRI Pointe Group, Inc. is involved in the design, construction and sale of single-family homes. The companys operating portfolio includes Maracay Homes in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California and Colorado; and Winchester Homes in Maryland and Virginia. TRI Pointe Group, Inc., formerly known as Tri Pointe Homes, Inc., is headquartered in Irvine, California.