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, 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -39.58 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.39 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -29.67 percent.
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 made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of TGNA to grow at a rate of -32.39 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. 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 price/earnings 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.