TWFG, Inc. (NASDAQ:TWFG) Receives Consensus Recommendation of “Hold” from Analysts

TWFG, Inc. (NASDAQ:TWFG) has been given a consensus rating of “Hold” by the eight brokerages that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is $33.2857.

A number of brokerages recently issued reports on TWFG. Weiss Ratings reissued a “sell (d)” rating on shares of TWFG in a research report on Wednesday, October 8th. Piper Sandler reduced their target price on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating for the company in a report on Thursday, August 14th. JPMorgan Chase & Co. dropped their price target on TWFG from $35.00 to $30.00 and set a “neutral” rating on the stock in a research report on Thursday, October 9th. UBS Group dropped their target price on TWFG from $42.00 to $39.00 and set a “buy” rating on the stock in a report on Wednesday, October 8th. Finally, Morgan Stanley cut their price objective on shares of TWFG from $32.00 to $30.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 7th.

TWFG Stock Up 3.4%

Shares of NASDAQ:TWFG opened at $26.03 on Wednesday. The company has a current ratio of 105.86, a quick ratio of 105.86 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $25.90 and a 200-day simple moving average of $30.03. The company has a market capitalization of $1.46 billion, a PE ratio of 63.49 and a beta of 0.25. TWFG has a twelve month low of $23.52 and a twelve month high of $36.85.

TWFG (NASDAQ:TWFG) last announced its quarterly earnings results on Monday, March 3rd. The company reported $0.15 EPS for the quarter. TWFG had a net margin of 2.74% and a return on equity of 7.82%. The firm had revenue of $54.64 million for the quarter. TWFG has set its Q4 2024 guidance at EPS. FY 2024 guidance at EPS. On average, equities analysts predict that TWFG will post 0.57 EPS for the current fiscal year.

Institutional Trading of TWFG

Hedge funds have recently modified their holdings of the business. PDT Partners LLC lifted its holdings in TWFG by 4.3% in the first quarter. PDT Partners LLC now owns 16,887 shares of the company’s stock valued at $522,000 after acquiring an additional 692 shares during the period. Quantbot Technologies LP increased its stake in TWFG by 52.5% in the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock valued at $142,000 after purchasing an additional 1,395 shares in the last quarter. State of Wyoming grew its holdings in TWFG by 42.0% in the second quarter. State of Wyoming now owns 5,188 shares of the company’s stock valued at $182,000 after purchasing an additional 1,535 shares during the last quarter. Acadian Asset Management LLC raised its stake in shares of TWFG by 5.2% during the 2nd quarter. Acadian Asset Management LLC now owns 71,738 shares of the company’s stock worth $2,505,000 after buying an additional 3,527 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in TWFG by 0.7% in the 1st quarter. Vanguard Group Inc. now owns 621,151 shares of the company’s stock valued at $19,200,000 after acquiring an additional 4,252 shares during the last quarter.

TWFG Company Profile

TWFG, Inc operates an independent distribution platform for personal and commercial insurance products in the United States. Its personal and commercial insurance products include auto, home, renters, life, health, motorcycle, umbrella, boat, recreational vehicle, flood, wind, event, luxury item, general liability, property, business auto, workers’ compensation, business owner policy, and professional liability insurance products, as well as commercial bonds and group benefits.