How to buy TriplePoint Venture Growth BDC stock - 02 March

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How to buy TriplePoint Venture Growth BDC stock

Own TriplePoint Venture Growth BDC stock in just a few minutes.

Fact checked

TriplePoint Venture Growth BDC Corp is an asset management business based in the US. TriplePoint Venture Growth BDC shares (TPVG) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in TriplePoint Venture Growth BDC

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for TriplePoint Venture Growth BDC. Find the stock by name or ticker symbol: TPVG. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until TriplePoint Venture Growth BDC reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of TriplePoint Venture Growth BDC, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of TriplePoint Venture Growth BDC. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

TriplePoint Venture Growth BDC share price

Use our graph to track the performance of TPVG stocks over time.

TriplePoint Venture Growth BDC shares at a glance

Information last updated 2021-02-24.
52-week rangeUSD$2.5371 - USD$14.79
50-day moving average USD$13.8242
200-day moving average USD$12.4179
Wall St. target priceUSD$13.04
PE ratio 11.463
Dividend yield USD$1.44 (10.17%)
Earnings per share (TTM) USD$1.244

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy TriplePoint Venture Growth BDC stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is TriplePoint Venture Growth BDC under- or over-valued?

Valuing TriplePoint Venture Growth BDC stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of TriplePoint Venture Growth BDC's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

TriplePoint Venture Growth BDC's P/E ratio

TriplePoint Venture Growth BDC's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, TriplePoint Venture Growth BDC shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

TriplePoint Venture Growth BDC's PEG ratio

TriplePoint Venture Growth BDC's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into TriplePoint Venture Growth BDC's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

TriplePoint Venture Growth BDC financials

Revenue TTM USD$86.8 million
Operating margin TTM 72.6%
Gross profit TTM USD$71.7 million
Return on assets TTM 6.22%
Return on equity TTM 9.72%
Profit margin 41.67%
Book value $13.279
Market capitalisation USD$439.6 million

TTM: trailing 12 months

Shorting TriplePoint Venture Growth BDC shares

There are currently 143,210 TriplePoint Venture Growth BDC shares held short by investors – that's known as TriplePoint Venture Growth BDC's "short interest". This figure is 17.5% down from 173,536 last month.

There are a few different ways that this level of interest in shorting TriplePoint Venture Growth BDC shares can be evaluated.

TriplePoint Venture Growth BDC's "short interest ratio" (SIR)

TriplePoint Venture Growth BDC's "short interest ratio" (SIR) is the quantity of TriplePoint Venture Growth BDC shares currently shorted divided by the average quantity of TriplePoint Venture Growth BDC shares traded daily (recently around 174646.34146341). TriplePoint Venture Growth BDC's SIR currently stands at 0.82. In other words for every 100,000 TriplePoint Venture Growth BDC shares traded daily on the market, roughly 820 shares are currently held short.

However TriplePoint Venture Growth BDC's short interest can also be evaluated against the total number of TriplePoint Venture Growth BDC shares, or, against the total number of tradable TriplePoint Venture Growth BDC shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case TriplePoint Venture Growth BDC's short interest could be expressed as 0% of the outstanding shares (for every 100,000 TriplePoint Venture Growth BDC shares in existence, roughly 0 shares are currently held short) or 0.0047% of the tradable shares (for every 100,000 tradable TriplePoint Venture Growth BDC shares, roughly 5 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against TriplePoint Venture Growth BDC.

Find out more about how you can short TriplePoint Venture Growth BDC stock.

TriplePoint Venture Growth BDC share dividends

99%

Dividend payout ratio: 99.16% of net profits

Recently TriplePoint Venture Growth BDC has paid out, on average, around 99.16% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.99% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), TriplePoint Venture Growth BDC shareholders could enjoy a 9.99% return on their shares, in the form of dividend payments. In TriplePoint Venture Growth BDC's case, that would currently equate to about $1.44 per share.

TriplePoint Venture Growth BDC's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

TriplePoint Venture Growth BDC's most recent dividend payout was on 13 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (the "ex-dividend date").

TriplePoint Venture Growth BDC share price volatility

Over the last 12 months, TriplePoint Venture Growth BDC's shares have ranged in value from as little as $2.5371 up to $14.79. A popular way to gauge a stock's volatility is its "beta".

TPVG.US volatility(beta: 1.88)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while TriplePoint Venture Growth BDC's is 1.8757. This would suggest that TriplePoint Venture Growth BDC's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

TriplePoint Venture Growth BDC overview

TriplePoint Venture Growth BDC Corp is a business development company specializing investments in growth stage. It also provides debt financing to venture growth space companies which includes growth capital loans, equipment financings, revolving loans, and direct equity investments. The fund seeks to invest in e-commerce, entertainment, technology and life sciences sector. Within technology the areas of focus include: Security, wireless communication equipments, network system and software, business applications software, conferencing equipments/services .big data, cloud computing, data storage, electronics, energy efficiency, hardware, information services, internet and media, networking, semiconductors, software, software as a service, and other technology related subsectors and within life sciences the areas of focus include: biotechnology, bio fuels/bio mass, diagnostic testing and bioinformatics, drug delivery, drug discovery, healthcare information systems, healthcare services, medical, surgical and therapeutic devices, pharmaceuticals and other life science related subsectors. Within growth capital loans it invests between $5 million and $50 million, for equipment financings it invests between $5 million and $25 million, for revolving loans it invests between $1 million and $25 million, and for direct equity investments it may invest between $0.1 million and $5 million (generally not exceeding 5% of the company's total equity). The debt financing products are typically structured as lines of credit and it invests through warrants and secured loans. It does not take board seat in the company.

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