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The closing price of TEGNA Inc (NYSE: TGNA) was $15.26 for the day, down -1.10% from the previous closing price of $15.43. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 1.78 million shares were traded. TGNA stock price reached its highest trading level at $15.495 during the session, while it also had its lowest trading level at $15.18.
Ratios:
Our analysis of TGNA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.76. For the most recent quarter (mrq), Quick Ratio is recorded 2.58 and its Current Ratio is at 2.58. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.12.
On May 05, 2022, Wells Fargo Downgraded its rating to Equal Weight which previously was Overweight but kept the price unchanged to $24.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 12 ’24 when Trelstad Lynn B. sold 25,000 shares for $13.88 per share. The transaction valued at 347,000 led to the insider holds 179,617 shares of the business.
Trelstad Lynn B. bought 25,000 shares of TGNA for $347,000 on Sep 12 ’24. On Aug 15 ’24, another insider, DUNLEAVY CATHERINE, who serves as the Director of the company, sold 16 shares for $13.60 each. As a result, the insider received 213 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TGNA now has a Market Capitalization of 2552616704 and an Enterprise Value of 5240963072. As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.28, and their Forward P/E ratio for the next fiscal year is 7.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.88 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.83 whereas that against EBITDA is 7.738.
Stock Price History:
Over the past 52 weeks, TGNA has reached a high of $16.56, while it has fallen to a 52-week low of $12.35. The 50-Day Moving Average of the stock is 4.90%, while the 200-Day Moving Average is calculated to be 4.78%.
Shares Statistics:
TGNA traded an average of 2.60M shares per day over the past three months and 6107440 shares per day over the past ten days. A total of 179.92M shares are outstanding, with a floating share count of 163.08M. Insiders hold about 1.42% of the company’s shares, while institutions hold 91.96% stake in the company. Shares short for TGNA as of 1726185600 were 10766555 with a Short Ratio of 4.13, compared to 1723680000 on 8622510. Therefore, it implies a Short% of Shares Outstanding of 10766555 and a Short% of Float of 9.5699996.
Dividends & Splits
With its trailing 12-month dividend rate of 0.466, TGNA has a forward annual dividend rate of 0.48. Against a Trailing Annual Dividend Yield of 0.030200906The stock’s 5-year Average Dividend Yield is 2.16.
