On Friday, TEGNA Inc (NYSE: TGNA) was -1.76% drop from the session before settling in for the closing price of $17.02. A 52-week range for TGNA has been $13.37 – $19.62.
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A company in the Communication Services sector has jumped its sales by 21.89% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at -48.01%. With a float of $158.67 million, this company’s outstanding shares have now reached $160.72 million.
In an organization with 5900 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 41.48%, operating margin of 24.65%, and the pretax margin is 19.43%.
TEGNA Inc (TGNA) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward TEGNA Inc stocks. The insider ownership of TEGNA Inc is 1.28%, while institutional ownership is 96.65%. The most recent insider transaction that took place on Apr 10 ’25, was worth 636,689. Before that another transaction happened on Mar 10 ’25, when Company’s EVP and COO, Media Operations sold 40,000 for $17.74, making the entire transaction worth $709,600. This insider now owns 149,433 shares in total.
TEGNA Inc (TGNA) Performance Highlights and Predictions
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 -48.01% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -11.89% during the next five years compared to 21.89% 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 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88. Likewise, its price to free cash flow for the trailing twelve months is 4.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.85, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 3.20 in one year’s time.
Technical Analysis of TEGNA Inc (TGNA)
Let’s dig in a bit further. During the last 5-days, its volume was 1.46 million. That was inferior than the volume of 1.54 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 24.20%.
During the past 100 days, TEGNA Inc’s (TGNA) raw stochastic average was set at 39.65%, which indicates a significant increase from 13.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.39 in the past 14 days, which was lower than the 0.50 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.89, while its 200-day Moving Average is $17.37. However, in the short run, TEGNA Inc’s stock first resistance to watch stands at $16.99. Second resistance stands at $17.25. The third major resistance level sits at $17.41. If the price goes on to break the first support level at $16.57, it is likely to go to the next support level at $16.41. Assuming the price breaks the second support level, the third support level stands at $16.15.
TEGNA Inc (NYSE: TGNA) Key Stats
There are 160,715K outstanding shares of the company, which has a market capitalization of 2.69 billion. As of now, sales total 3,102 M while income totals 599,820 K. Its latest quarter income was 680,050 K while its last quarter net income were 58,670 K.
