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.
Several price targets were given for TRI by the analysts covering the stock. The most optimistic analyst gave a price target of 51, implying a possible profit of 10.68 percent. The most pessimistic price target 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.
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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the 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.
TRI has an estimated earnings growth rate of 17.37 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, but many choose to perform ratio comparisons with other companies in the industry. 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 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's next earnings release will be on 0000-00-00, which is days away.