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.
Investment analysts gave a few price targets for TRCO. The maximum price target given was 45, implying a possible profit of 7.14 percent. The lowest price target was 42, implying potential capital losses 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. This can be compared with the average change in earnings estimates over the past 3 months, which is -11.31 percent. 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, 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 a 52-week high of 43.04 and a 52-week low of 27.75. The current market price is above the trailing year's low by 51.35 percent, and below the high by 2.42 percent. 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.