TWFG, Inc. (NASDAQ:TWFG) Receives Average Rating of “Hold” from Analysts

Shares of TWFG, Inc. (NASDAQ:TWFG) have earned a consensus rating of “Hold” from the eight ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $32.8571.

TWFG has been the subject of several recent analyst reports. Piper Sandler cut their target price 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. JPMorgan Chase & Co. upped their price objective on TWFG from $30.00 to $31.00 and gave the company a “neutral” rating in a research note on Monday, November 17th. Morgan Stanley raised their price objective on TWFG from $30.00 to $31.00 and gave the company an “equal weight” rating in a research report on Monday, November 17th. Weiss Ratings reiterated a “sell (d)” rating on shares of TWFG in a research note on Wednesday, October 8th. Finally, 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 note on Wednesday, October 8th.

Institutional Trading of TWFG

A number of hedge funds have recently modified their holdings of TWFG. 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% in the 2nd quarter. Quantbot Technologies LP now owns 4,053 shares of the company’s stock valued at $142,000 after acquiring an additional 1,395 shares during the period. Russell Investments Group Ltd. acquired a new stake in TWFG during the third quarter worth approximately $142,000. State of Tennessee Department of Treasury bought a new stake in shares of TWFG during the second quarter worth approximately $155,000. Finally, Man Group plc acquired a new position in shares of TWFG in the second quarter valued at approximately $223,000.

TWFG Price Performance

NASDAQ:TWFG opened at $28.36 on Friday. The stock has a market capitalization of $1.59 billion, a PE ratio of 64.46 and a beta of 0.25. TWFG has a 1-year low of $23.52 and a 1-year high of $36.85. The firm has a fifty day simple moving average of $26.59 and a 200 day simple moving average of $29.65. 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 announced its quarterly earnings results on Wednesday, November 12th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.04. The firm had revenue of $64.12 million during the quarter, compared to analysts’ expectations of $64.15 million. TWFG had a net margin of 2.87% and a return on equity of 8.74%. TWFG has set its FY 2025 guidance at EPS. On average, research analysts expect that TWFG will post 0.57 EPS for the current fiscal year.

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.