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Tri Pointe Homes Inc. (NYSE:TPH) stock has reached a 52-week low, dipping to $33.09, as the housing market faces headwinds from economic pressures. According to InvestingPro analysis, the company maintains strong fundamentals with a P/E ratio of 7.4x and healthy revenue growth of 13% in the last twelve months. This latest price level reflects a challenging period for the home construction sector, with Tri Pointe Homes experiencing a 1-year change with a slight decline of -1.87%. Investors are closely monitoring the company’s performance as it navigates through the current market conditions, which have been marked by fluctuating interest rates and a cooling housing market. The 52-week low serves as a critical indicator for the company’s short-term trajectory and investor sentiment. InvestingPro’s comprehensive analysis shows the company maintains a "GREAT" financial health score, with analyst price targets ranging from $41 to $54, suggesting potential upside from current levels. Discover detailed insights and 10 additional ProTips with an InvestingPro subscription.
In other recent news, Tri Pointe Homes, Inc. reported notable Q4 earnings that outpaced analyst expectations, despite a slight shortfall in revenue. The homebuilder recorded adjusted earnings per share of $1.37, surpassing the consensus estimate of $1.29, while revenue stood at $1.2 billion, marginally below the projected $1.22 billion. Tri Pointe Homes delivered 1,748 homes in the fourth quarter, generating $1.2 billion in home sales revenue, and saw an improvement in its homebuilding gross margin to 23.3%.
CEO Doug Bauer highlighted the company’s achievements in 2024, including record home deliveries and a 40% increase in diluted EPS YoY. As part of recent developments, Tri Pointe Homes anticipates delivering between 900 and 1,100 homes in Q1 2025, with an average sales price ranging from $685,000 to $695,000. The company also projects a homebuilding gross margin between 22.0% to 23.0% and SG&A expenses of 15.0% to 16.0% of home sales revenue.
For the full year 2025, the company expects to deliver 5,500 to 6,100 homes at an average price of $660,000 to $670,000. It also forecasts a homebuilding gross margin of 20.5% to 22.0% and SG&A expenses of 11.0% to 12.0% of home sales revenue. Despite acknowledging softer seasonal sales in late 2024, President Tom Mitchell expressed optimism for the upcoming spring selling season.
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