TPG (NASDAQ:TPG – Get Free Report) is set to release its earnings data before the market opens on Monday, November 4th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
TPG (NASDAQ:TPG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.06. The business had revenue of $744.19 million during the quarter, compared to the consensus estimate of $449.34 million. TPG had a net margin of 1.08% and a return on equity of 24.27%. During the same quarter last year, the firm earned $0.26 EPS. On average, analysts expect TPG to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
TPG Stock Down 2.3 %
Shares of NASDAQ:TPG opened at $67.33 on Monday. The company has a market capitalization of $24.55 billion, a price-to-earnings ratio of -480.93, a PEG ratio of 1.07 and a beta of 1.53. TPG has a 12-month low of $26.62 and a 12-month high of $69.86. The business has a 50-day moving average price of $56.68 and a 200 day moving average price of $48.27. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.37.
TPG Increases Dividend
Analyst Ratings Changes
TPG has been the subject of several recent research reports. Evercore ISI lifted their price objective on TPG from $46.00 to $60.00 and gave the company an “in-line” rating in a research note on Monday, October 14th. JPMorgan Chase & Co. lifted their price target on shares of TPG from $44.00 to $49.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 7th. Morgan Stanley raised their price objective on shares of TPG from $55.00 to $73.00 and gave the company an “overweight” rating in a report on Thursday, October 10th. The Goldman Sachs Group boosted their target price on shares of TPG from $60.00 to $63.00 and gave the stock a “buy” rating in a research note on Thursday, October 3rd. Finally, TD Cowen dropped their target price on TPG from $44.00 to $42.00 and set a “hold” rating on the stock in a report on Monday, July 8th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $52.25.
View Our Latest Stock Analysis on TPG
About TPG
TPG Inc operates as an alternative asset manager in the United States and internationally. The company offers investment management services to TPG Funds, limited partners, and other vehicles. It also offers monitoring services to portfolio companies; advisory, debt and equity arrangement, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies.
Featured Articles
- Five stocks we like better than TPG
- What is the Euro STOXX 50 Index?
- Real Estate Sector Outperforms: 3 Stocks to Gain Exposure
- What is a Dividend King?
- Lam Research Proves Analysts Wrong with a Strong Earnings Report
- How to Invest in Insurance Companies: A Guide
- PureCycle: Up 250% in 2024 – Is This Materials Stock Still a Buy?
Receive News & Ratings for TPG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TPG and related companies with MarketBeat.com's FREE daily email newsletter.