An overall feel about TEGNA Inc. (NYSE: TGNA) stock in the current moment?

In the latest session, TEGNA Inc. (NYSE: TGNA) closed at $15.32 down -0.45% from its previous closing price of $15.39. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1999077 shares were traded. TGNA stock price reached its highest trading level at $15.35 during the session, while it also had its lowest trading level at $15.14.

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For a deeper understanding of TEGNA Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.35. For the most recent quarter (mrq), Quick Ratio is recorded 3.30 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 1.00.

Upgrades & Downgrades

Valuation Measures:

As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.46, and their Forward P/E ratio for the next fiscal year is 4.35. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.10 while its Price-to-Book (P/B) ratio in mrq is 1.12.

Stock Price History:

Over the past 52 weeks, TGNA has reached a high of $22.74, while it has fallen to a 52-week low of $15.09. The 50-Day Moving Average of the stock is 19.38, while the 200-Day Moving Average is calculated to be 20.40.

Shares Statistics:

For the past three months, TGNA has traded an average of 2.21M shares per day and 2.03M over the past ten days. A total of 224.24M shares are outstanding, with a floating share count of 221.58M. Insiders hold about 0.91% of the company’s shares, while institutions hold 91.00% stake in the company. Shares short for TGNA as of Jan 12, 2023 were 6.97M with a Short Ratio of 5.02M, compared to 4.71M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 3.12% and a Short% of Float of 4.05%.

Dividends & Splits

According to the company, the forward annual dividend rate for TGNA is 0.38, from 0.28 in the trailing year. Against a Trailing Annual Dividend Yield of 1.82%, it implies a Forward Annual Dividend Yield of 1.88%. The stock’s 5-year Average Dividend Yield is 2.00. The current Payout Ratio is 13.50% for TGNA, which recently paid a dividend on Apr 02, 2023 with an ex-dividend date of Dec 07, 2022. Stock splits for the company last occurred on May 31, 2017 when the company split stock in a 15625:10000 ratio.

Earnings Estimates

There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $1.07 for the current quarter, with a high estimate of $1.17 and a low estimate of $0.91, while EPS last year was $0.57. The consensus estimate for the next quarter is $0.57, with high estimates of $0.57 and low estimates of $0.57.

Analysts are recommending an EPS of between $3.05 and $2.75 for the fiscal current year, implying an average EPS of $2.94. EPS for the following year is $2.13, with 5 analysts recommending between $2.4 and $1.93.

Revenue Estimates

A total of 3 analysts believe the company’s revenue will be $963.23M this quarter.It ranges from a high estimate of $983M to a low estimate of $951M. As of the current estimate, TEGNA Inc.’s year-ago sales were $774.65M, an estimated increase of 24.30% from the year-ago figure.

A total of 2 analysts have provided revenue estimates for TGNA’s current fiscal year. The highest revenue estimate was $3.32B, while the lowest revenue estimate was $3.31B, resulting in an average revenue estimate of $3.32B. In the same quarter a year ago, actual revenue was $2.99B, up 10.80% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $3.13B in the next fiscal year. The high estimate is $3.2B and the low estimate is $3.07B. The average revenue growth estimate for next year is down -5.70% from the average revenue estimate for this year.