TWFG, Inc. (NASDAQ:TWFG) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• TWFG, Inc. received an average consensus rating of "Hold" from eight research firms, with one sell rating, three holds, and four buys.
• Analysts have adjusted their price targets for TWFG, with JPMorgan reducing its target from $35.00 to $30.00 and UBS lowering it from $42.00 to $39.00.
• As of the latest trading session, TWFG shares opened at $26.82, reflecting a market capitalization of $1.50 billion and a price-to-earnings ratio of 65.42.

TWFG, Inc. (NASDAQ:TWFG - Get Free Report) has earned an average rating of "Hold" from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. One 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 1 year price target among brokerages that have updated their coverage on the stock in the last year is $33.2857.

TWFG has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of TWFG from $35.00 to $30.00 and set a "neutral" rating on the stock in a report on Thursday. Weiss Ratings restated a "sell (d)" rating on shares of TWFG in a research note on Wednesday. Morgan Stanley reduced their price objective on TWFG from $32.00 to $30.00 and set an "equal weight" rating for the company in a research report on Tuesday. UBS Group lowered their target price on TWFG from $42.00 to $39.00 and set a "buy" rating on the stock in a research report on Wednesday. Finally, Piper Sandler cut their target price on TWFG from $38.00 to $32.00 and set an "overweight" rating on the stock in a research note on Thursday, August 14th.

Hedge Funds Weigh In On TWFG

Large investors have recently bought and sold shares of the stock. State of Wyoming bought a new stake in shares of TWFG during the 1st quarter worth about $113,000. Quantbot Technologies LP raised its holdings in TWFG by 52.5% during the second quarter. Quantbot Technologies LP now owns 4,053 shares of the company's stock worth $142,000 after purchasing an additional 1,395 shares in the last quarter. State of Tennessee Department of Treasury acquired a new stake in TWFG in the second quarter worth approximately $155,000. Man Group plc bought a new position in TWFG during the 2nd quarter valued at $223,000. Finally, Walleye Capital LLC acquired a new position in shares of TWFG during the 1st quarter valued at $263,000.

TWFG Stock Down 0.3%

Shares of TWFG stock opened at $26.82 on Friday. The stock has a market capitalization of $1.50 billion, a price-to-earnings ratio of 65.42 and a beta of 0.31. TWFG has a twelve month low of $23.52 and a twelve month high of $36.85. 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 business's 50 day simple moving average is $26.92 and its 200-day simple moving average is $30.91.

TWFG (NASDAQ:TWFG - Get Free Report) last issued its quarterly earnings data on Monday, March 3rd. The company reported $0.15 EPS for the quarter. TWFG had a return on equity of 7.82% and a net margin of 2.74%.The firm had revenue of $54.64 million during the quarter. TWFG has set its Q4 2024 guidance at EPS. FY 2024 guidance at EPS. Equities research analysts forecast that TWFG will post 0.57 earnings per share for the current year.

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.

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