Looking In The Rear-View Mirror: TRI Pointe Group, Inc. (TPH), Molson Coors Brewing Company (TAP)

TRI Pointe Group, Inc. (NYSE:TPH) average daily volatility for this week is 3.34% which is less than the 3.37% recorded over the past month. Its shares dropped by -27.92% or -$5.16 from its last recorded high of $18.48 which it attained on December 06 to close at $13.32 per share. Over the past 52 weeks, the shares of TRI Pointe Group, Inc. has been trading as low as $10.37 before witnessing a massive surge by 28.45% or $2.95. This price movement has led to the TPH stock receiving more attention and has become one to watch out for. It dipped by -0.89% on Tuesday and this got the market worried. The stock’s beta now stands at 1.29 and when compared to its 200-day moving average and its 50-day moving average, TPH price stands -5.98% below and 10.24% above respectively.

TRI Pointe Group, Inc. (TPH) rose 6.99% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -18.03% and is now up by 21.87% since start of this year. A look at its monthly performance shows that the stock has recorded a 13.17% gain over the past 30 days. Its equity price climbed by 7.94% over the past three months which led to its overall six-month decrease to stand at -5.73%.

Experts from research firms are bullish about the near-term performance of TRI Pointe Group, Inc. with most of them predicting a $13 price target on a short-term (12 months) basis. The average price target by the analysts will see a -2.4% rise in the stock and would lead to TPH’s market cap to surge to $1.86B. The stock has been rated an average 2.7, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 11 analysts that track TRI Pointe Group, Inc. (NYSE:TPH) and find out that 8 of them rated it as a Hold. 3 of the 3 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at TPH technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 65.55 point. Its trading volume has lost -586295 shares compared to readings over the past three months as it recently exchanged 1373705 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1960000 shares, and this is 0.7 times the normal volume.

Analysts have predicted a price target for Molson Coors Brewing Company (TAP) for 1 year and it stands at an average $71.53/share. This means that it would likely increase by 7.55% from its current position. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $52. On the other hand, one analyst is super bullish about the price, setting a target as high as $85.

The TAP stock Stochastic Oscillator (%D) is at 82.3%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 1.29 which compares to the 20.13 recorded by the industry or the 5.37 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 13.33, which is higher than the 11.85 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 13.2% over the past five years.

Analysts view Molson Coors Brewing Company (NYSE:TAP) as a Hold, with 2.5 consensus rating. Reuters surveyed 16 analysts that follow TAP and found that 8 of those analysts rated the stock as a Hold. The remaining 8 were divided, with 7 analyst rating it as a Buy or a Strong Buy while 1 analysts advised investors to desist from buying Molson Coors Brewing Company (TAP) shares or sell it if they already own it.