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.
Investment analysts gave a few price targets for TRI. The maximum price target given was 51, which equates to a potential upside of 10.68 percent. The lowest price target was 37, which equates to a potential downside of -19.7 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
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. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.42 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.21 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. 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. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of TRI is 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 market cap of TRI is $41.48 billion. TRI's next earnings release will be on 0000-00-00, which is days away.