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.

Several price targets were given for TGNA by the analysts covering the stock. The most optimistic analyst gave a price target of 20, implying potential capital gains of 31.15 percent. The lowest price target was 10.25, which equates to a potential downside of -32.79 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -39.58 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.39 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -29.67 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

TGNA has an estimated earnings growth rate of -32.39 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. TGNA has a PEG ratio of -0.25.

In the last 52-weeks, TGNA has achieved a high of 17.07 and a low of 11.47. Today's price is 32.96 percent above the 52-week low, and 10.66 percent lower than its 52-week 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 will post this quarters earnings in days, on 0000-00-00.