TEGNA Inc (NYSE: TGNA) kicked off on Friday, up 1.49% from the previous trading day, before settling in for the closing price of $18.13. Over the past 52 weeks, TGNA has traded in a range of $12.35-$19.62.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 6.43%. While this was happening, its average annual earnings per share was recorded 85.98%. With a float of $159.26 million, this company’s outstanding shares have now reached $162.48 million.
Let’s determine the extent of company efficiency that accounts for 6200 employees. In terms of profitability, gross margin is 39.83%, operating margin of 22.16%, and the pretax margin is 21.91%.
TEGNA Inc (TGNA) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Broadcasting Industry. The insider ownership of TEGNA Inc is 1.16%, while institutional ownership is 101.77%. The most recent insider transaction that took place on Dec 06 ’24, was worth 1,458,172. In this transaction an insider of this company sold 77,873 shares at a rate of $18.73, taking the stock ownership to the 41,904 shares. Before that another transaction happened on Dec 06 ’24, when Company’s SVP and CFO sold 20,000 for $18.65, making the entire transaction worth $373,080. This insider now owns 23,751 shares in total.
TEGNA Inc (TGNA) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 85.98% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 31.00% during the next five years compared to 4.05% growth over the previous five years of trading.
TEGNA Inc (NYSE: TGNA) Trading Performance Indicators
Take a look at TEGNA Inc’s (TGNA) current performance indicators. Last quarter, stock had a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.02. Likewise, its price to free cash flow for the trailing twelve months is 5.50.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.84, a number that is poised to hit 1.18 in the next quarter and is forecasted to reach 1.92 in one year’s time.
Technical Analysis of TEGNA Inc (TGNA)
Looking closely at TEGNA Inc (NYSE: TGNA), its last 5-days average volume was 2.51 million, which is a jump from its year-to-date volume of 2.19 million. As of the previous 9 days, the stock’s Stochastic %D was 39.33%. Additionally, its Average True Range was 0.53.
During the past 100 days, TEGNA Inc’s (TGNA) raw stochastic average was set at 80.48%, which indicates a significant increase from 61.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.21% in the past 14 days, which was lower than the 34.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.72, while its 200-day Moving Average is $15.26. However, in the short run, TEGNA Inc’s stock first resistance to watch stands at $18.70. Second resistance stands at $18.99. The third major resistance level sits at $19.34. If the price goes on to break the first support level at $18.06, it is likely to go to the next support level at $17.71. Now, if the price goes above the second support level, the third support stands at $17.42.
TEGNA Inc (NYSE: TGNA) Key Stats
The company with the Market Capitalisation of 3.01 billion has total of 161,122K Shares Outstanding. Its annual sales at the moment are 2,911 M in contrast with the sum of 476,720 K annual income. Company’s last quarter sales were recorded 806,830 K and last quarter income was 147,450 K.
