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.
Many analysts weighed in on price targets for TRI. The most optimistic price target was 51, implying a possible profit of 10.68 percent. The most pessimistic price target was 37, which equates to a potential downside of -19.7 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -3.77 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.42 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.21 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
The growth rate of TRI's earnings is estimated by analysts to be 17.37 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of TRI is 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 P/E 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.