Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
TEGNA Inc (NYSE: TGNA) closed the day trading at $16.13 down -3.18% from the previous closing price of $16.66. In other words, the price has decreased by -$3.18 from its previous closing price. On the day, 1.53 million shares were traded.
Ratios:
For a better understanding of TGNA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.38. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 1.03 whereas as Long-Term Debt/Eq ratio is at 0.85.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Wells Fargo on December 19, 2024, Upgraded its rating to Overweight and sets its target price to $23 from $21 previously.
Wells Fargo Downgraded its Overweight to Equal Weight on May 05, 2022, while the target price for the stock was maintained at $24.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 10 ’25 when Trelstad Lynn B. bought 40,000 shares for $15.92 per share.
Trelstad Lynn B. sold 40,000 shares of TGNA for $709,600 on Mar 10 ’25. The EVP and COO, Media Operations now owns 149,433 shares after completing the transaction at $17.74 per share. On Mar 10 ’25, another insider, Trelstad Lynn B., who serves as the Officer of the company, bought 40,000 shares for $17.69 each.
Valuation Measures:
As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.67, and their Forward P/E ratio for the next fiscal year is 4.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.85.
Stock Price History:
Over the past 52 weeks, TGNA has reached a high of $19.62, while it has fallen to a 52-week low of $12.35. The 50-Day Moving Average of the stock is -3.98%, while the 200-Day Moving Average is calculated to be -5.06%.
Shares Statistics:
A total of 160.72M shares are outstanding, with a floating share count of 158.72M. Insiders hold about 1.25% of the company’s shares, while institutions hold 96.73% stake in the company.
