Analyst Ratings for Tribune Media Co. Cl A (TRCO)

Updated: 2017-07-26

Tribune Media Co. Cl A (NYSE:TRCO) was awarded an average rating of Hold from investment analysts following the stock. TRCO had previously received a consensus rating of Hold a month ago.

Of the 6 analysts covering the stock, 0 gave it a buy rating, 0 gave an overweight rating, 5 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an decrease of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

TRCO was given price targets by several analysts. The most optimistic price target was 45, implying a possible profit of 7.14 percent. The most pessimistic price target was 42, which equates to a potential downside of 0 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is -11.31 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.53 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

In the trailing 52-weeks, TRCO hit 43.04 at the highest peak, while it's lowest trading point was 27.75. Currently the stock is 51.35 percent higher than its low, and 2.42 percent below the high. TRCO has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The TRCO value stock report compares TRCO to some of its peers using value stock charts. The market cap of TRCO is $3.62 billion. TRCO will post this quarters earnings in days, on 0000-00-00.