TWFG's (TWFG) Sell (D) Rating Reiterated at Weiss Ratings

Key Points

• TWFG's stock has been restated with a "sell (d)" rating by Weiss Ratings, amidst mixed analyst opinions, with four firms rating it a buy and three as hold.
• The company's share price has dipped to $26.24, with a current market capitalization of $1.47 billion and a 52-week range of $23.52 to $36.85.
• Institutional investors have been actively adjusting their stakes in TWFG, with T. Rowe Price increasing its ownership by 28.0% recently.

TWFG (NASDAQ:TWFG - Get Free Report)'s stock had its "sell (d)" rating restated by analysts at Weiss Ratings in a research report issued on Friday,Weiss Ratings reports.

A number of other research firms also recently issued reports on TWFG. UBS Group dropped their price target on TWFG from $42.00 to $39.00 and set a "buy" rating on the stock in a research report on Wednesday, October 8th. Morgan Stanley dropped their price target on TWFG from $32.00 to $30.00 and set an "equal weight" rating on the stock in a research report on Tuesday, October 7th. Piper Sandler decreased their price objective on TWFG from $38.00 to $32.00 and set an "overweight" rating for the company in a research note on Thursday, August 14th. Finally, JPMorgan Chase & Co. decreased their price objective on TWFG from $35.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, October 9th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $33.29.

TWFG Stock Down 0.3%

Shares of TWFG traded down $0.09 during midday trading on Friday, reaching $26.24. 42,813 shares of the stock were exchanged, compared to its average volume of 132,451. TWFG has a 52 week low of $23.52 and a 52 week 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 company's 50 day moving average is $26.57 and its two-hundred day moving average is $30.64. The company has a market capitalization of $1.47 billion, a P/E ratio of 64.00 and a beta of 0.31.

TWFG (NASDAQ:TWFG - Get Free Report) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.15 earnings per share (EPS) for the quarter. TWFG had a return on equity of 7.82% and a net margin of 2.74%.The business had revenue of $54.64 million for the quarter. TWFG has set its Q4 2024 guidance at EPS. FY 2024 guidance at EPS. On average, sell-side analysts anticipate that TWFG will post 0.57 earnings per share for the current year.

Institutional Investors Weigh In On TWFG

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. T. Rowe Price Investment Management Inc. raised its stake in TWFG by 28.0% in the first quarter. T. Rowe Price Investment Management Inc. now owns 1,988,671 shares of the company's stock valued at $61,470,000 after buying an additional 434,997 shares during the last quarter. Alliancebernstein L.P. raised its stake in TWFG by 15.7% in the first quarter. Alliancebernstein L.P. now owns 1,170,377 shares of the company's stock valued at $36,176,000 after buying an additional 159,155 shares during the last quarter. Bamco Inc. NY raised its stake in TWFG by 3.9% in the second quarter. Bamco Inc. NY now owns 902,061 shares of the company's stock valued at $31,572,000 after buying an additional 34,237 shares during the last quarter. Vanguard Group Inc. raised its stake in TWFG by 0.7% in the first quarter. Vanguard Group Inc. now owns 621,151 shares of the company's stock valued at $19,200,000 after buying an additional 4,252 shares during the last quarter. Finally, Riverbridge Partners LLC raised its stake in TWFG by 57.6% in the third quarter. Riverbridge Partners LLC now owns 542,661 shares of the company's stock valued at $14,891,000 after buying an additional 198,394 shares during the last quarter.

About TWFG

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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