At the time of writing, Thomson-Reuters Corp [TRI] stock is trading at $176.90, up 4.53%. An important factor to consider is whether the stock is rising or falling in short-term value. The TRI shares have gain 4.65% over the last week, with a monthly amount glided 9.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Thomson-Reuters Corp [NYSE: TRI] stock has seen the most recent analyst activity on November 26, 2024, when Wells Fargo initiated its Equal Weight rating and assigned the stock a price target of $165. Previously, National Bank Financial upgraded its rating to Outperform on September 09, 2024. On August 27, 2024, upgrade upgraded it’s rating to Sector Outperform and revised its price target to $182 on the stock. National Bank Financial upgraded its rating to a Sector Perform. Barclays upgraded its rating to a Overweight and raised its price target to $180 on March 14, 2024. UBS started tracking with a Buy rating for this stock on November 07, 2023, and assigned it a price target of $153. In a note dated August 03, 2023, RBC Capital Mkts downgraded an Sector Perform rating on this stock and boosted its target price from $135 to $139.
For the past year, the stock price of Thomson-Reuters Corp fluctuated between $148.28 and $176.03. Currently, Wall Street analysts expect the stock to reach $182 within the next 12 months. Thomson-Reuters Corp [NYSE: TRI] shares were valued at $176.90 at the most recent close of the market. An investor can expect a potential return of 2.88% based on the average TRI price forecast.
Analyzing the TRI fundamentals
According to Thomson-Reuters Corp [NYSE:TRI], the company’s sales were 7.16B for trailing twelve months, which represents an 8.16% jump. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.27%, Pretax Profit Margin comes in at 0.24%, and Net Profit Margin reading is 0.32%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.2 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.24.
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 169.98 points at the first support level, and at 163.06 for the second support level. However, for the 1st resistance point, the stock is sitting at 181.08, and for the 2nd resistance point, it is at 185.27.
Ratios To Look Out For
It is important to note that Thomson-Reuters Corp [NYSE:TRI] has a current ratio of 0.94. On the other hand, the Quick Ratio is 0.94, and the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 11.11, the price to book ratio is 6.70 and price to earnings (TTM) ratio is 34.82.
Transactions by insiders
Recent insider trading involved David Wong, Officer, that happened on Nov 06 ’24 when 4159.0 shares were purchased. Officer, Mary Alice Vuicic completed a deal on Sep 16 ’24 to buy 36282.0 shares. Meanwhile, Officer Kirsty Roth bought 5310.0 shares on Sep 12 ’24.
