As on Wednesday, TEGNA Inc (NYSE: TGNA) got off with the flyer as it spiked 1.29% to $18.11, before settling in for the price of $17.88 at the close. Taking a more long-term approach, TGNA posted a 52-week range of $12.35-$19.62.
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The company of the Communication Services sector’s yearbook sales growth during the past 5- year span was recorded 6.43%. Meanwhile, its Annual Earning per share during the time was 4.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 78.99%. This publicly-traded company’s shares outstanding now amounts to $179.92 million, simultaneously with a float of $158.86 million. The organization now has a market capitalization sitting at $2.92 billion. At the time of writing, stock’s 50-day Moving Average stood at $16.28, while the 200-day Moving Average is $14.80.
TEGNA Inc (TGNA) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Broadcasting industry. TEGNA Inc’s current insider ownership accounts for 1.40%, in contrast to 101.79% institutional ownership. According to the most recent insider trade that took place on Oct 25 ’24, this organization’s EVP and COO, Media Operations sold 25,000 shares at the rate of 16.40, making the entire transaction reach 410,000 in total value, affecting insider ownership by 154,617.
TEGNA Inc (TGNA) Earnings and Revenue Records
TEGNA Inc’s EPS increase for this current 12-month fiscal period is 78.99% and is forecasted to reach 1.92 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 31.00% through the next 5 years, which can be compared against the 4.05% growth it accomplished over the previous five years trading on the market.
TEGNA Inc (NYSE: TGNA) Trading Performance Indicators
Let’s observe the current performance indicators for TEGNA Inc (TGNA). It’s Quick Ratio in the last reported quarter now stands at 2.60. The Stock has managed to achieve an average true range (ATR) of 0.56. Alongside those numbers, its PE Ratio stands at $6.38, and its Beta score is 0.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.99. Similarly, its price to free cash flow for trailing twelve months is now 5.34.
In the same vein, TGNA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.84, a figure that is expected to reach 1.18 in the next quarter, and analysts are predicting that it will be 1.92 at the market close of one year from today.
Technical Analysis of TEGNA Inc (TGNA)
Through scrutinizing the latest numbers posted by the [TEGNA Inc, TGNA], it can be observed that its last 5-days Average volume of 1.48 million was lower the volume of 2.24 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 28.21% While, its Average True Range was 0.58.
Raw Stochastic average of TEGNA Inc (TGNA) in the period of the previous 100 days is set at 75.84%, which indicates a major rise in contrast to 58.63% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 60.13% that was higher than 35.96% volatility it exhibited in the past 100-days period.
