Last Updated: 19 Sep 2024
Executive Summary
Five Point Holdings LLC (FPH) is a real estate development company that designs and develops planned and mixed-use communities in Orange, Los Angeles, and San Francisco counties. The company has a market capitalization of $496.37 million, an EBITDA of $80.46 million, and a P/E ratio of 4.575. The latest stock price is $3.36.
Company Overview
Five Point Holdings was founded in 2009 and is headquartered in Irvine, California. The company's developments include residential, commercial, retail, and hospitality properties. Five Point Holdings has a strong track record of execution and has delivered over 20,000 homes and apartments to date.
Fundamental Analysis
Five Point Holdings has a strong financial position. The company has a healthy balance sheet with $1.1 billion in cash and equivalents and no long-term debt. The company's revenue and earnings have grown steadily in recent years. In 2023, the company reported revenue of $245.8 million and net income of $73 million.
Technical Analysis
The technical analysis of Five Point Holdings' stock price shows that the stock is in a bullish trend. The stock price has been trading above its 50-day and 200-day moving averages for the past several months. The stock price is also above its 52-week high of $3.60.
Short Term Outlook
The short-term outlook for Five Point Holdings is positive. The company's stock price is in a bullish trend and the company's fundamentals are strong. The company is expected to continue to grow its revenue and earnings in the coming quarters.
Long Term Outlook
The long-term outlook for Five Point Holdings is also positive. The company's developments are located in some of the most desirable markets in the United States. The company's strong track record of execution and its healthy balance sheet position it well for continued growth in the years to come.
Analyst Recommendations
The majority of analysts have a buy rating on Five Point Holdings. The average analyst target price is $12.00.
