Analyst Ratings for Thomson Reuters Corp. (TRI)Updated: 2017-07-28
Thomson Reuters Corp. (NYSE:TRI) was awarded an average rating of Hold from investment analysts following the stock. TRI had previously received a consensus rating of Hold a month ago.
Of the 17 analysts covering the stock, 4 gave it a buy rating, 0 gave an overweight rating, 12 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
TRI was given price targets by several analysts. The maximum price target given was 51, implying potential capital gains of 10.68 percent. The most pessimistic analyst gave a price target of 37, implying potential capital losses of -19.7 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. That number becomes -3.77 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -0.42 percent. If we look at the last 90 days instead, we find a net average change of 0.21 percent in FY estimates.
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, while 0 analysts made negative revisions to their fiscal year's estimates.
The growth rate of TRI's earnings is estimated by analysts to be 17.37 percent. People on Wall Street often look at a company's PEG ratio. 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. TRI has a PEG ratio of 1.32.
In the trailing 52-weeks, TRI hit 47.04 at the highest peak, while it's lowest trading point was 39.23. The current market price is above the trailing year's low by 17.46 percent, and 2.04 percent lower than its 52-week high. TRI has a price/earnings ratio of 22.91. Investors typically compare the P/E ratio to a company's peers in the industry. The TRI value stock report compares TRI to some of its peers using value stock charts. The stock has a market capitalization of $41.48 billion. TRI is estimated to release their earnings results for the quarter on 0000-00-00, days from today.