TWFG, Inc. (NASDAQ:TWFG) Given Consensus Rating of “Moderate Buy” by Analysts

TWFG, Inc. (NASDAQ:TWFG) has received a consensus recommendation of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $27.86.

A number of research firms have recently issued reports on TWFG. Keefe, Bruyette & Woods raised their price target on shares of TWFG from $27.00 to $28.00 and gave the stock a “market perform” rating in a research report on Wednesday, September 4th. BMO Capital Markets reissued an “outperform” rating and issued a $30.00 target price on shares of TWFG in a report on Wednesday, August 28th. UBS Group began coverage on TWFG in a report on Monday, August 12th. They set a “buy” rating and a $29.00 target price for the company. JPMorgan Chase & Co. raised their price target on TWFG from $26.50 to $28.00 and gave the stock an “overweight” rating in a report on Friday, August 30th. Finally, William Blair initiated coverage on TWFG in a research note on Wednesday, August 21st. They set an “outperform” rating for the company.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in TWFG stock. Seven Grand Managers LLC purchased a new position in shares of TWFG, Inc. (NASDAQ:TWFG) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 30,000 shares of the company’s stock, valued at approximately $814,000. Seven Grand Managers LLC owned approximately 0.23% of TWFG at the end of the most recent quarter.

TWFG Price Performance

TWFG opened at $30.50 on Friday. The company has a quick ratio of 33.75, a current ratio of 33.76 and a debt-to-equity ratio of 0.68. TWFG has a 1-year low of $21.31 and a 1-year high of $32.06. The business has a 50-day moving average of $28.08.

TWFG (NASDAQ:TWFG) last released its earnings results on Tuesday, August 27th. The company reported $14.89 EPS for the quarter, topping analysts’ consensus estimates of $3.74 by $11.15. The firm had revenue of $53.27 million for the quarter, compared to the consensus estimate of $51.86 million. On average, sell-side analysts anticipate that TWFG will post 0.49 earnings per share 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.