On Tuesday, TEGNA Inc (NYSE: TGNA) was -3.04% drop from the session before settling in for the closing price of $17.46. A 52-week range for TGNA has been $12.35 – $19.62.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 6.99%. When this article was written, the company’s average yearly earnings per share was at 72.83%. With a float of $159.26 million, this company’s outstanding shares have now reached $162.48 million.
Considering the fact that the conglomerate employs 6200 people, you should pay attention to its efficiency factor. 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TEGNA Inc stocks. The insider ownership of TEGNA Inc is 1.16%, while institutional ownership is 97.78%. 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 0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 30.57% during the next five years compared to 4.05% growth over the previous five years of trading.
TEGNA Inc (NYSE: TGNA) Trading Performance Indicators
You can see what TEGNA Inc (TGNA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 2.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.92. Likewise, its price to free cash flow for the trailing twelve months is 4.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.84, a number that is poised to hit 1.16 in the next quarter and is forecasted to reach 1.83 in one year’s time.
Technical Analysis of TEGNA Inc (TGNA)
Compared to the last year’s volume of 1.15 million, its volume of 1.76 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 13.62%. Additionally, its Average True Range was 0.44.
During the past 100 days, TEGNA Inc’s (TGNA) raw stochastic average was set at 40.62%, which indicates a significant increase from 21.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.67% in the past 14 days, which was lower than the 29.61% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.20, while its 200-day Moving Average is $16.10. Nevertheless, the first resistance level for the watch stands at $17.49 in the near term. At $18.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $18.54. If the price goes on to break the first support level at $16.44, it is likely to go to the next support level at $15.95. Now, if the price goes above the second support level, the third support stands at $15.39.
TEGNA Inc (NYSE: TGNA) Key Stats
There are 161,122K outstanding shares of the company, which has a market capitalization of 2.73 billion. As of now, sales total 2,911 M while income totals 476,720 K. Its latest quarter income was 806,830 K while its last quarter net income were 147,450 K.
