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.
A number of analysts gave price targets for TRI. The most optimistic analyst gave a price target of 51, implying a possible profit of 10.68 percent. The minimum price target given was 37, implying a possible loss 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.21 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 revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of TRI to grow at a rate of 17.37 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. 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 last 52-weeks, TRI has achieved a high of 47.04 and a low of 39.23. Currently the stock is 17.46 percent higher than its low, and 2.04 percent below the 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 market cap of TRI is $41.48 billion. TRI will post this quarters earnings in days, on 0000-00-00.