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 most optimistic analyst gave a price target of 20, implying potential capital gains of 31.15 percent. The minimum price target given was 10.25, implying potential capital losses of -32.79 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 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 have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. 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.

TGNA has an estimated earnings growth rate of -32.39 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, 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.

TGNA has traded between a high of 17.07 and a low of 11.47 over the past year. Today's price is 32.96 percent above the 52-week low, and below the high by 10.66 percent. 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.