Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $17.82 in the prior trading day, TEGNA Inc (NYSE: TGNA) closed at $17.79, down -0.17%. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 0.96 million shares were traded. TGNA stock price reached its highest trading level at $17.99 during the session, while it also had its lowest trading level at $17.64.
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 5.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.24. 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:
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 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:
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 2866360576 and an Enterprise Value of 5491543040. As of this moment, TEGNA’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.26, and their Forward P/E ratio for the next fiscal year is 9.28. 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 0.97 while its Price-to-Book (P/B) ratio in mrq is 1.01. Its current Enterprise Value per Revenue stands at 1.857 whereas that against EBITDA is 7.068.
Stock Price History:
The Beta on a monthly basis for TGNA is 0.52, which has changed by 0.12523723 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. 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 -3.41%, while the 200-Day Moving Average is calculated to be 13.97%.
Shares Statistics:
The stock has traded on average 1.58M shares per day over the past 3-months and 1177080 shares per day over the last 10 days, according to various share 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 101.66% stake in the company. Shares short for TGNA as of 1735603200 were 6140041 with a Short Ratio of 3.88, compared to 1732838400 on 10084153. Therefore, it implies a Short% of Shares Outstanding of 6140041 and a Short% of Float of 5.6799997.
Dividends & Splits
In the trailing 12 months, TGNA’s forward annual dividend rate was 0.478, compared to 0.49 this year. Against a Trailing Annual Dividend Yield of 0.026823793The stock’s 5-year Average Dividend Yield is 2.2. The current Payout Ratio is 18.28% for TGNA, which recently paid a dividend on 2024-12-06 with an ex-dividend date of 1733443200. Stock splits for the company last occurred on 2017-06-01 when the company split stock in a 15625:10000 ratio.
