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 highest price target was 45, implying potential capital gains of 7.14 percent. The lowest price target was 42, which equates to a potential downside of 0 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. That number becomes -11.31 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -4.53 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 revised their estimates downwards. 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.
TRCO has traded between a high of 43.04 and a low of 27.75 over the past year. Today's price is 51.35 percent above the 52-week low, and below the high by 2.42 percent. TRCO has a P/E 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 stock has a market capitalization of $3.62 billion. TRCO is estimated to release their earnings results for the quarter on 0000-00-00, days from today.