A share price of Thomson-Reuters Corp [TRI] is currently trading at $160.36, up 1.62%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TRI shares have gain 0.94% over the last week, with a monthly amount drifted -4.37%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Thomson-Reuters Corp [NYSE: TRI] stock has seen the most recent analyst activity on April 23, 2024, when National Bank Financial upgraded its rating to a Sector Perform. Previously, Barclays upgraded its rating to Overweight on March 14, 2024, and elevated its price target to $180. On November 07, 2023, UBS initiated with a Buy rating and assigned a price target of $153 on the stock. RBC Capital Mkts downgraded its rating to a Sector Perform and increased its price target to $139 on August 03, 2023. National Bank Financial downgraded its rating to a Sector Perform. CIBC downgraded its rating to Neutral for this stock on August 03, 2023, but kept the price target unchanged to $140. In a note dated May 31, 2023, Exane BNP Paribas upgraded an Neutral rating on this stock and boosted its target price from $100 to $115.
Thomson-Reuters Corp experienced fluctuations in its stock price throughout the past year between $117.46 and $176.03. Currently, Wall Street analysts expect the stock to reach $141.68 within the next 12 months. Thomson-Reuters Corp [NYSE: TRI] shares were valued at $160.36 at the most recent close of the market. An investor can expect a potential drop of -11.65% based on the average TRI price forecast.
Analyzing the TRI fundamentals
Trailing Twelve Months sales for Thomson-Reuters Corp [NYSE:TRI] were 7.03B which represents 5.65% growth. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.26%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.13, Equity is 0.21 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 158.59 points at the first support level, and at 156.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 161.56, and for the 2nd resistance point, it is at 162.75.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Thomson-Reuters Corp [NYSE:TRI] is 0.88. Further, the Quick Ratio stands at 0.88, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 10.25, the price to book ratio is 6.22 and price to earnings (TTM) ratio is 30.75.
Transactions by insiders
Recent insider trading involved David Wong, Officer, that happened on Aug 02 ’24 when 2550.0 shares were purchased.
