Thomson-Reuters Corp [TRI] stock is trading at $171.14, up 3.71%. 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 2.76% over the last week, with a monthly amount glided 3.41%, and 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 September 09, 2024, when National Bank Financial upgraded its rating to a Outperform. Previously, Scotiabank upgraded its rating to Sector Outperform on August 27, 2024, and elevated its price target to $182. On April 23, 2024, upgrade upgraded it’s rating to Sector Perform. Barclays upgraded its rating to a Overweight and increased its price target to $180 on March 14, 2024. UBS initiated its recommendation with a Buy and recommended $153 as its price target on November 07, 2023. RBC Capital Mkts downgraded its rating to Sector Perform for this stock on August 03, 2023, and upped its price target to $139. In a note dated August 03, 2023, National Bank Financial downgraded an Sector Perform rating on this stock.
Thomson-Reuters Corp [TRI] stock has fluctuated between $127.15 and $176.03 over the past year. Currently, Wall Street analysts expect the stock to reach $148.1 within the next 12 months. Thomson-Reuters Corp [NYSE: TRI] shares were valued at $171.14 at the most recent close of the market. An investor can expect a potential drop of -13.46% based on the average TRI price forecast.
Analyzing the TRI fundamentals
Thomson-Reuters Corp [NYSE:TRI] reported sales of 7.03B for the trailing twelve months, which represents a growth of 5.65%. 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 166.64 points at the first support level, and at 162.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 174.60, and for the 2nd resistance point, it is at 178.06.
Ratios To Look Out For
For context, Thomson-Reuters Corp’s Current Ratio 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 15.21, the price to book ratio is 6.64 and price to earnings (TTM) ratio is 32.82.
Transactions by insiders
Recent insider trading involved Mary Alice Vuicic, Officer, that happened on Sep 16 ’24 when 36282.0 shares were purchased. Officer, Kirsty Roth completed a deal on Sep 12 ’24 to buy 5310.0 shares. Meanwhile, Officer David Wong bought 2550.0 shares on Aug 02 ’24.
