TWFG (NASDAQ:TWFG) Given New $31.00 Price Target at Morgan Stanley

TWFG (NASDAQ:TWFG) had its price target boosted by Morgan Stanley from $30.00 to $31.00 in a report released on Monday, Marketbeat reports. The brokerage currently has an equal weight rating on the stock.

A number of other analysts have also issued reports on TWFG. Piper Sandler dropped their price target on shares of TWFG from $38.00 to $32.00 and set an “overweight” rating for the company in a research note on Thursday, August 14th. UBS Group dropped their target price on shares of TWFG from $42.00 to $39.00 and set a “buy” rating for the company in a research report on Wednesday, October 8th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of TWFG in a research report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lowered their price objective on TWFG from $35.00 to $30.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $32.83.

TWFG Trading Up 0.7%

NASDAQ:TWFG opened at $27.10 on Monday. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 61.59 and a beta of 0.26. TWFG has a one year low of $23.52 and a one year high of $36.85. The company has a debt-to-equity ratio of 0.01, a quick ratio of 101.35 and a current ratio of 101.35. The business’s 50-day simple moving average is $25.95 and its 200 day simple moving average is $29.91.

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

Hedge Funds Weigh In On TWFG

Large investors have recently bought and sold shares of the business. State of Wyoming bought a new position in shares of TWFG during the first quarter valued at approximately $113,000. Quantbot Technologies LP grew its stake in TWFG by 52.5% during the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock worth $142,000 after buying an additional 1,395 shares during the last quarter. State of Tennessee Department of Treasury acquired a new stake in TWFG in the second quarter worth $155,000. Russell Investments Group Ltd. bought a new stake in TWFG in the third quarter valued at $142,000. Finally, Man Group plc acquired a new position in shares of TWFG during the second quarter valued at $223,000.

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.