TPG ($TPG) Stock Forecast: Down 3.8% Today

What is TPG?

TPG Inc. (TPG) recently disclosed its Q3 earnings. The market sentiment has been negative.

Why is TPG going down?

TPG stock is down 3.8% on Nov 4, 2024 16:45

• The meeting of Q3 earnings estimates by TPG Inc. might have been viewed as unimpressive by investors, contributing to a decline in the stock price.
• Although meeting earnings estimates, the marginal revenue surprise might not have outweighed investors' apprehensions about the company's future.
• Expectations for a more optimistic guidance or outlook in the earnings disclosure could have led to dissatisfaction and a downward trajectory in the stock value.

TPG Price Chart

TPG Technical Analysis

TPG News

TPG Inc. ( TPG ) Meets Q3 Earnings Estimates

TPG Inc. (TPG) delivered earnings and revenue surprises of 0% and 2.19%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2363210/tpg-inc-tpg-meets-q3-earnings-estimates

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TPG Price History

04.10.2024 - TPG Stock was down 3.8%

• The meeting of Q3 earnings estimates by TPG Inc. might have been viewed as unimpressive by investors, contributing to a decline in the stock price.
• Although meeting earnings estimates, the marginal revenue surprise might not have outweighed investors' apprehensions about the company's future.
• Expectations for a more optimistic guidance or outlook in the earnings disclosure could have led to dissatisfaction and a downward trajectory in the stock value.

14.10.2023 - TPG Stock was up 5.9%

• 1. TPG's strong bullish movement could be attributed to positive earnings results in the third quarter of 2023. The earnings call and presentation mentioned in the articles indicate that the company's financial performance exceeded expectations, leading to increased investor confidence and buying activity.
• 2. The positive market movement could also be influenced by favorable market conditions and overall investor sentiment towards the private equity and investment industry.
• 3. It is possible that TPG's successful investments in specific sectors or companies also contributed to the bullish movement, as investors may view the company's expertise and track record as a positive indicator for future returns.
• 4. Additionally, any strategic announcements or partnerships made by TPG during the period could have further boosted investor confidence and attracted buying interest in the stock.

10.04.2024 - TPG Stock was up 5.2%

• Earnings per share were reported at 49 cents, beating the analyst expectation of 43 cents.
• TPG's revenue came in at $451.21 million, slightly lower than the analyst forecast of $466.24 million.
• The stock's upward momentum following the earnings release could be attributed to the favorable earnings outcome despite the revenue miss.
• The market's optimism regarding TPG's future prospects might be influenced by the better-than-expected earnings and the close revenue results compared to projections.

07.10.2023 - TPG Stock was up 6.1%

• TPG Inc reported a significant year-over-year increase in fee-related earnings for Q3 2023, indicating strong financial performance.
• The overall market sentiment was positive, with other companies also expected to report earnings, suggesting a favorable market environment.
• Investors may have been optimistic about TPG's prospects, leading to increased buying activity and driving the stock price higher.

13.01.2024 - TPG Stock was down 0.3%

• Although TPG's Q4 earnings and revenue outperformed expectations, the market movement suggests that investors may have had different outlooks or concerns.
• The evaluation of TPG's value in relation to VCTR may have influenced investor sentiment and contributed to the stock's bearish movement.
• It is possible that broader economic factors or the overall market sentiment also influenced TPG's downward movement today.

15.04.2023 - TPG Stock was down 7.6%

• The bearish movement of TPG's stock today can be attributed to the following reasons:
• TPG missed Q1 earnings and revenue estimates, which could have led to a loss of investor confidence in the company.
• InvoCare, a funeral-services provider, received an improved takeover proposal from TPG, which could have diverted investor attention and funds away from TPG's stock.
• On the other hand, PennantPark, another investment firm, surpassed Q2 earnings and revenue estimates, which could have led to investors shifting their focus and funds towards PennantPark's stock instead of TPG's.

09.04.2024 - TPG Stock was down 5.2%

• TPG stock experienced a bearish movement due to missing revenue expectations for Q1 2024.
• Despite beating EPS estimates, the revenue of $451.21 million was 3.22% lower than the analyst estimate of $466.24 million.
• Investors may have reacted negatively to the revenue miss, leading to the bearish trend in TPG stock.
• The discrepancy between EPS and revenue performance could signal potential challenges in the company's growth or operational efficiency, prompting investors to sell off the stock.

08.07.2023 - TPG Stock was down 7.4%

• TPG's revised takeover proposal to InvoCare at a lower value may have caused concerns among investors, leading to the bearish movement in TPG's stock.
• The news about BrightSphere Investment Group and AssetMark Financial's earnings performance is not directly related to TPG, so it is unlikely to have a significant impact on TPG's stock movement.
• The news about New Relic's potential sale to Francisco Partners and TPG Inc. may have diverted investor attention away from TPG, contributing to the bearish movement in TPG's stock.
• The report suggesting that New Relic's sale price was a significant factor in its talks with Francisco and TPG Inc. may have created uncertainty in the market, indirectly affecting TPG's stock movement.

21.08.2023 - TPG Stock was down 5.2%

• TPG's bearish movement could be attributed to the news of the company exploring the sale of restaurant chain Mendocino Farms. This potential divestment might have raised concerns among investors about the company's future growth prospects.
• The market might be perceiving this move as an indication that TPG is looking to streamline its operations and focus on other areas of its business, which could be seen as a negative signal for the stock.
• The decision to sell Mendocino Farms could also be seen as a strategic move by TPG to unlock value and generate cash flow, but the market might be reacting cautiously to this news, resulting in the bearish movement of the stock.

16.06.2024 - TPG Stock was up 6.0%

• TPG’s stock price rose by 5.1% during the previous trading session, accompanied by above-average trading volume.
• While there have been favorable adjustments to earnings estimates, it is unclear if this uptick will result in additional price gains in the short run.
• The company's strong market performance is possibly linked to growing investor faith in its current and future outlook.
• Nevertheless, it is recommended to proceed with caution as the continuity of this upward trajectory is ambiguous following the latest earnings estimate revisions.

01.07.2024 - TPG Stock was down 5.1%

• The bearish movement in TPG's stock could be related to concerns regarding the company's upcoming earnings report falling short of expectations.
• The news of investment giants considering a Southeast Asian jelly candy maker might have shifted investor focus from TPG, resulting in a stock sell-off.
• The competition among investment giants for Yupi Indo Jelly Gum might have prompted questions about TPG's strategic decisions and potential investments, leading to negative investor sentiment and contributing to the bearish market movement.

06.07.2024 - TPG Stock was up 6.4%

• TPG demonstrated strong performance in the second quarter, showcasing growing momentum in its business.
• Investors hold optimistic views regarding TPG's potential for future earnings growth, evident from the pre-earnings expectations.
• The favorable market movement might be linked to TPG's strong financial results and the anticipated positive earnings outcome in the upcoming report.