TWFG, Inc. (NASDAQ:TWFG) Receives Consensus Recommendation of “Hold” from Analysts

TWFG, Inc. (NASDAQ:TWFG) has been given a consensus rating of “Hold” by the eight ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $30.00.

A number of equities research analysts recently issued reports on the stock. Piper Sandler lowered their target price on shares of TWFG from $32.00 to $22.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. UBS Group decreased their price target on shares of TWFG from $39.00 to $34.00 and set a “buy” rating on the stock in a report on Monday, March 9th. Wall Street Zen cut shares of TWFG from a “buy” rating to a “hold” rating in a research note on Sunday, March 29th. Zacks Research upgraded TWFG from a “strong sell” rating to a “hold” rating in a report on Wednesday, March 4th. Finally, Morgan Stanley cut their target price on TWFG from $31.00 to $28.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 5th.

Institutional Trading of TWFG

Institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp lifted its position in TWFG by 102.7% during the fourth quarter. Fifth Third Bancorp now owns 896 shares of the company’s stock valued at $26,000 after buying an additional 454 shares in the last quarter. Quadrant Capital Group LLC acquired a new stake in shares of TWFG in the fourth quarter worth $68,000. Quantbot Technologies LP raised its stake in shares of 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 position in shares of TWFG during the 3rd quarter valued at $142,000. Finally, State of Tennessee Department of Treasury acquired a new position in shares of TWFG during the 2nd quarter valued at $155,000.

TWFG Stock Performance

TWFG stock opened at $18.09 on Friday. The stock has a fifty day moving average price of $20.38 and a 200 day moving average price of $24.74. TWFG has a 52 week low of $16.56 and a 52 week high of $36.85. The firm has a market capitalization of $1.02 billion, a P/E ratio of 35.47 and a beta of 0.57. The company has a current ratio of 107.86, a quick ratio of 107.86 and a debt-to-equity ratio of 0.01.

TWFG (NASDAQ:TWFG) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.14. TWFG had a return on equity of 13.51% and a net margin of 3.11%.The firm had revenue of $70.26 million for the quarter, compared to analyst estimates of $60.81 million. Equities research analysts anticipate that TWFG will post 0.57 earnings per share for the current year.

TWFG Company Profile

TWFG Insurance Services, Inc operates as a property and casualty insurance distribution company that provides personal and commercial insurance solutions through a hybrid model of company-owned branches and franchised offices. The firm offers a broad spectrum of insurance products, including auto, homeowners, renters, umbrella, flood and specialty lines coverage, tailored to meet the needs of individuals, families and businesses. By partnering with multiple insurance carriers, TWFG delivers competitive pricing and customized policy options designed to help clients manage risk and protect their assets.

Founded in 1980 and headquartered in Odessa, Texas, TWFG has expanded its network to serve customers across numerous U.S.