TWFG (NASDAQ:TWFG) Given New $31.00 Price Target at JPMorgan Chase & Co.

TWFG (NASDAQ:TWFG) had its price target increased by JPMorgan Chase & Co. from $30.00 to $31.00 in a research report released on Monday,Benzinga reports. They currently have a neutral rating on the stock.

Several other analysts have also commented on the stock. Piper Sandler decreased their price target on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating for the company in a research report on Thursday, August 14th. Morgan Stanley boosted their price objective on shares of TWFG from $30.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Monday. UBS Group lowered their target price on shares of TWFG from $42.00 to $39.00 and set a “buy” rating for the company in a research note on Wednesday, October 8th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of TWFG in a report on Wednesday, October 8th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $32.83.

TWFG Stock Up 0.7%

Shares of NASDAQ TWFG opened at $27.10 on Monday. TWFG has a 12-month low of $23.52 and a 12-month high of $36.85. The stock’s fifty day simple moving average is $25.95 and its two-hundred day simple moving average is $29.91. The stock has a market capitalization of $1.52 billion, a PE ratio of 61.59 and a beta of 0.26. The company has a current ratio of 101.35, a quick ratio of 101.35 and a debt-to-equity ratio of 0.01.

TWFG (NASDAQ:TWFG) last released its quarterly earnings results on Wednesday, November 12th. The company reported $0.23 EPS for the quarter, topping the consensus estimate of $0.19 by $0.04. The firm had revenue of $64.12 million during the quarter, compared to analyst estimates of $64.15 million. TWFG had a return on equity of 8.74% and a net margin of 2.87%. TWFG has set its FY 2025 guidance at EPS. As a group, analysts expect that TWFG will post 0.57 EPS for the current fiscal year.

Institutional Trading of TWFG

Large investors have recently bought and sold shares of the stock. Victory Capital Management Inc. purchased a new stake in TWFG during the 1st quarter worth approximately $6,784,000. TD Asset Management Inc raised its holdings in shares of TWFG by 25.2% in the first quarter. TD Asset Management Inc now owns 52,942 shares of the company’s stock worth $1,636,000 after buying an additional 10,666 shares during the last quarter. Blair William & Co. IL acquired a new stake in shares of TWFG during the first quarter worth $969,000. Vanguard Group Inc. grew its holdings in shares of TWFG by 0.7% during 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, Nuveen LLC purchased a new stake in shares of TWFG during the first quarter valued at $15,501,000.

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.