Texas Pacific Land Stock Buy Hold or Sell Recommendation
| TPL Stock | USD 582.40 2.56 0.44% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Texas Pacific Land is 'Strong Buy'. Macroaxis provides Texas Pacific buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding TPL positions. The advice algorithm takes into account all of Texas Pacific's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Texas Pacific's buy or sell advice are summarized below:
Real Value 1 K | Target Price 2.2 K | Hype Value 577.93 | Market Value 582.4 | Naive Value 567.87 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Texas Pacific Land given historical horizon and risk tolerance towards Texas Pacific. When Macroaxis issues a 'buy' or 'sell' recommendation for Texas Pacific Land, the advice is generated through an automated system that utilizes algorithms and statistical models.
Texas |
Execute Texas Pacific Buy or Sell Advice
The Texas recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Texas Pacific Land. Macroaxis does not own or have any residual interests in Texas Pacific Land or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Texas Pacific's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Texas Pacific Trading Alerts and Improvement Suggestions
| About 69.0% of the company shares are owned by institutional investors | |
| On 15th of March 2024 Texas Pacific paid $ 3.5 per share dividend to its current shareholders | |
| Latest headline from businesswire.com: Texas Pacific Land Corporation Sets Dates for First Quarter 2024 Earnings Release and Conference Call |
Texas Pacific Returns Distribution Density
The distribution of Texas Pacific's historical returns is an attempt to chart the uncertainty of Texas Pacific's future price movements. The chart of the probability distribution of Texas Pacific daily returns describes the distribution of returns around its average expected value. We use Texas Pacific Land price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Texas Pacific returns is essential to provide solid investment advice for Texas Pacific.
| Mean Return | 0.28 | Value At Risk | -2.83 | Potential Upside | 2.85 | Standard Deviation | 1.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Texas Pacific historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Texas Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Texas Pacific is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Texas Pacific Land backward and forwards among themselves. Texas Pacific's institutional investor refers to the entity that pools money to purchase Texas Pacific's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Northern Trust Corp | 2023-12-31 | 47.3 K | Neuberger Berman Group Llc | 2023-12-31 | 46.1 K | Charles Schwab Investment Management Inc | 2023-12-31 | 42.8 K | York Gp, Ltd. | 2023-12-31 | 42.4 K | Bank Of New York Mellon Corp | 2023-12-31 | 40.8 K | Dimensional Fund Advisors, Inc. | 2023-12-31 | 35.5 K | Mrm-horizon Advisors Llc | 2023-12-31 | 33.5 K | Hodges Capital Management Inc | 2023-12-31 | 33.4 K | Ubs Group Ag | 2023-12-31 | 26 K | Horizon Asset Management Inc/ny | 2023-12-31 | 1.3 M | Vanguard Group Inc | 2023-12-31 | 634.1 K |
Texas Pacific Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 180.2M | (20.6M) | 145.2M | 88.9M | 213.4M | 224.0M | |
| Free Cash Flow | 305.6M | 185.0M | 249.6M | 426.3M | 378.3M | 397.2M | |
| Other Non Cash Items | (2K) | (13.1M) | 13.0M | 16.3M | 18.7M | 19.6M | |
| Dividends Paid | 46.5M | 201.7M | 85.3M | 247.3M | (100.0M) | (95.0M) | |
| Capital Expenditures | 37.2M | 22.0M | 15.5M | 20.9M | 40.0M | 42.0M | |
| Net Income | 318.7M | 176.0M | 270.0M | 446.4M | 405.6M | 425.9M | |
| End Period Cash Flow | 303.6M | 283.0M | 428.2M | 517.2M | 730.5M | 767.1M | |
| Depreciation | 8.9M | 14.4M | 16.3M | 15.4M | 14.8M | 15.5M | |
| Change To Netincome | 25.9M | (3.5M) | 248K | 9.7M | 11.1M | 11.7M | |
| Investments | (111.7M) | (26.0M) | (15.0M) | (21.4M) | (62.7M) | (65.9M) |
Texas Pacific Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Texas Pacific or Oil, Gas & Consumable Fuels sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Texas Pacific's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Texas stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.22 | |
β | Beta against NYSE Composite | 0.79 | |
σ | Overall volatility | 1.66 | |
Ir | Information ratio | 0.13 |
Texas Pacific Volatility Alert
Texas Pacific Land has relatively low volatility with skewness of -0.29 and kurtosis of -0.31. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Texas Pacific's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Texas Pacific's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Texas Pacific Fundamentals Vs Peers
Comparing Texas Pacific's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Texas Pacific's direct or indirect competition across all of the common fundamentals between Texas Pacific and the related equities. This way, we can detect undervalued stocks with similar characteristics as Texas Pacific or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Texas Pacific's fundamental indicators could also be used in its relative valuation, which is a method of valuing Texas Pacific by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Texas Pacific to competition |
| Fundamentals | Texas Pacific | Peer Average |
| Return On Equity | 0.45 | -0.31 |
| Return On Asset | 0.3 | -0.14 |
| Profit Margin | 0.64 % | (1.27) % |
| Operating Margin | 0.81 % | (5.51) % |
| Current Valuation | 12.73 B | 16.62 B |
| Shares Outstanding | 23.01 M | 571.82 M |
| Shares Owned By Insiders | 0.82 % | 10.09 % |
| Shares Owned By Institutions | 68.65 % | 39.21 % |
| Number Of Shares Shorted | 706.73 K | 4.71 M |
| Price To Earning | 45.55 X | 28.72 X |
| Price To Book | 13.36 X | 9.51 X |
| Price To Sales | 22.06 X | 11.42 X |
| Revenue | 631.6 M | 9.43 B |
| Gross Profit | 649.9 M | 27.38 B |
| EBITDA | 500.81 M | 3.9 B |
| Net Income | 405.64 M | 570.98 M |
| Cash And Equivalents | 510.83 M | 2.7 B |
| Cash Per Share | 57.97 X | 5.01 X |
| Total Debt | 1.17 M | 5.32 B |
| Debt To Equity | 0 % | 48.70 % |
| Current Ratio | 13.51 X | 2.16 X |
| Book Value Per Share | 45.34 X | 1.93 K |
| Cash Flow From Operations | 418.29 M | 971.22 M |
| Short Ratio | 8.26 X | 4.00 X |
| Earnings Per Share | 17.61 X | 3.12 X |
| Target Price | 660.71 | |
| Number Of Employees | 100 | 18.84 K |
| Beta | 1.63 | -0.15 |
| Market Capitalization | 13.33 B | 19.03 B |
| Total Asset | 1.16 B | 29.47 B |
| Retained Earnings | 1.17 B | 9.33 B |
| Working Capital | 799.4 M | 1.48 B |
| Annual Yield | 0.01 % |
Note: Acquisition by Murray Stahl of tradable shares of Texas Pacific at 576.33 subject to Rule 16b-3 [view details]
Texas Pacific Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Texas . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Texas Pacific Buy or Sell Advice
When is the right time to buy or sell Texas Pacific Land? Buying financial instruments such as Texas Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 651.7M | 772.9M | 1.0B | 1.1B | Total Assets | 764.1M | 877.4M | 1.2B | 1.2B |
Use Investing Ideas to Build Portfolios
In addition to having Texas Pacific in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Materials ETFs
ETF themes focus on helping investors to gain exposure to a broad range of assets, diversify, and lower overall costs. The Materials ETFs theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Materials ETFs Theme or any other thematic opportunities.
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Check out Texas Pacific Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Complementary Tools for Texas Stock analysis
When running Texas Pacific's price analysis, check to measure Texas Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Texas Pacific is operating at the current time. Most of Texas Pacific's value examination focuses on studying past and present price action to predict the probability of Texas Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Texas Pacific's price. Additionally, you may evaluate how the addition of Texas Pacific to your portfolios can decrease your overall portfolio volatility.
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Is Texas Pacific's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Pacific. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.137 | Dividend Share 4.333 | Earnings Share 17.61 | Revenue Per Share 27.408 | Quarterly Revenue Growth 0.091 |
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.