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After finishing at $13.98 in the prior trading day, TEGNA Inc (NYSE: TGNA) closed at $13.71, down -1.93%. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 1.55 million shares were traded. TGNA stock price reached its highest trading level at $13.965 during the session, while it also had its lowest trading level at $13.7.
Ratios:
Our goal is to gain a better understanding of TGNA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.09 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.17. 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:
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 Aug 15 ’24 when DUNLEAVY CATHERINE sold 16 shares for $13.60 per share. The transaction valued at 213 led to the insider holds 0 shares of the business.
DUNLEAVY CATHERINE sold 14 shares of TGNA for $196 on Jul 01 ’24. The Director now owns 0 shares after completing the transaction at $14.02 per share. On Jul 01 ’24, another insider, Lougee David T, who serves as the President and CEO of the company, sold 98,437 shares for $13.98 each. As a result, the insider received 1,376,149 and left with 594,401 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 2268072704 and an Enterprise Value of 4984543232. As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.65, and their Forward P/E ratio for the next fiscal year is 6.39. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.79 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.741 whereas that against EBITDA is 7.359.
Stock Price History:
Over the past 52 weeks, TGNA has reached a high of $16.71, while it has fallen to a 52-week low of $12.35. The 50-Day Moving Average of the stock is -4.60%, while the 200-Day Moving Average is calculated to be -6.84%.
Shares Statistics:
The stock has traded on average 2.06M shares per day over the past 3-months and 1742590 shares per day over the last 10 days, according to various share statistics. A total of 179.92M shares are outstanding, with a floating share count of 162.92M. Insiders hold about 1.52% of the company’s shares, while institutions hold 96.17% stake in the company. Shares short for TGNA as of 1722384000 were 8954607 with a Short Ratio of 4.34, compared to 1719532800 on 9170370. Therefore, it implies a Short% of Shares Outstanding of 8954607 and a Short% of Float of 7.960000000000001.
Dividends & Splits
In the trailing 12 months, TGNA’s forward annual dividend rate was 0.466, compared to 0.47 this year. Against a Trailing Annual Dividend Yield of 0.033333335The stock’s 5-year Average Dividend Yield is 2.11.
