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As of close of business last night, TEGNA Inc’s stock clocked out at $16.63, down -1.77% from its previous closing price of $16.93. In other words, the price has decreased by -$1.77 from its previous closing price. On the day, 2.81 million shares were traded.
Ratios:
To gain a deeper understanding of TGNA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.90. For the most recent quarter (mrq), Quick Ratio is recorded 2.60 and its Current Ratio is at 2.60. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.09.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 06 ’24 when Cox Thomas R. sold 77,873 shares for $18.73 per share. The transaction valued at 1,458,172 led to the insider holds 41,904 shares of the business.
Heskett Julie sold 20,000 shares of TGNA for $373,080 on Dec 06 ’24. The SVP and CFO now owns 23,751 shares after completing the transaction at $18.65 per share. On Dec 06 ’24, another insider, Heskett Julie, who serves as the Officer of the company, bought 20,000 shares for $18.65 each.
Valuation Measures:
As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.86, and their Forward P/E ratio for the next fiscal year is 8.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91 while its Price-to-Book (P/B) ratio in mrq is 0.94.
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 -8.44%, while the 200-Day Moving Average is calculated to be 3.25%.
Shares Statistics:
A total of 162.48M shares are outstanding, with a floating share count of 159.26M. Insiders hold about 1.16% of the company’s shares, while institutions hold 97.78% stake in the company.
