TRI Pointe Group (NYSE:TPH) has an average broker rating of 1.29, which is interpreted as a Strong Buy, as rated by 7 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.
TRI Pointe Group (NYSE:TPH) : The most positive equity analysts on TRI Pointe Group (NYSE:TPH) expects the shares to touch $17, whereas, the least positive believes that the stock will trade at $13 in the short term. The company is covered by 6 Wall Street Brokerage Firms. The average price target for shares are $14.92 with an expected fluctuation of $1.91 from the mean.
For the current week, the company shares have a recommendation consensus of Buy.
TRI Pointe Group (NYSE:TPH): stock turned positive on Tuesday. Though the stock opened at $11.32, the bulls momentum made the stock top out at $11.555 level for the day. The stock recorded a low of $11.24 and closed the trading day at $11.4, in the green by 2.06%. The total traded volume for the day was 1,932,251. The stock had closed at $11.17 in the previous days trading.
In an insider trading activity,The director officer (Chief Executive Officer) of Tri Pointe Homes, Inc., Bauer Douglas F. sold 80,000 shares at $15.2 on July 1, 2015. The Insider selling transaction had a total value worth of $1,216,000. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
TRI Pointe Group, Inc., formerly Tri Pointe Homes, Inc., is engaged in the design, construction and sale of single-family homes. The Companys operations are organized into six segments: Maracay, consisting of operations in Arizona; Pardee, consisting of operations in California and Nevada; Quadrant, consisting of operations in Washington; Trendmaker, consisting of operations in Texas; TRI Pointe, consisting of operations in California and Colorado, and Winchester, consisting of operations in Maryland and Virginia. The Company operates approximately 108 communities and 29,718 lots owned or controlled. The Company sells its homes through its own sales representatives and through independent real estate brokers.