Analyst Ratings for TEGNA Inc. (TGNA)

Updated: 2017-07-26

Shares of TEGNA Inc. (NYSE:TGNA) have received a consensus rating of Overweight from Wall Street analysts. Last month, TGNA received an average rating of Overweight.

5 analysts declared TGNA a buy, 0 issued an overweight rating, 6 issued a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

TGNA was given price targets by several analysts. The highest price target was 20, which equates to a potential upside of 31.15 percent. The minimum price target given was 10.25, implying potential capital losses of -32.79 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes -39.58 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.39 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -29.67 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of TGNA's earnings is estimated by analysts to be -32.39 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. TGNA has a PEG ratio of -0.25.

In the trailing 52-weeks, TGNA hit 17.07 at the highest peak, while it's lowest trading point was 11.47. The current market price is above the trailing year's low by 32.96 percent, and 10.66 percent below the high. TGNA has a P/E ratio of 8.16. Investors typically compare the P/E ratio to a company's peers in the industry. The TGNA value stock report compares TGNA to some of its peers using value stock charts. The stock has a market capitalization of $3.28 billion. TGNA's next earnings release will be on 0000-00-00, which is days away.