TEGNA Inc [TGNA] stock is trading at $17.78, up 0.51%. 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 TGNA shares have gain 2.77% over the last week, with a monthly amount drifted -2.09%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TEGNA Inc [NYSE: TGNA] stock has seen the most recent analyst activity on December 19, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $23 from $21. On May 05, 2022, downgrade downgraded it’s rating to Equal Weight but maintained its price target of $24 on the stock. Argus downgraded its rating to a Hold. Barrington Research downgraded its rating to a Mkt Perform. Wells Fargo upgraded its rating to Overweight for this stock on August 11, 2020. In a note dated February 12, 2020, The Benchmark Company reiterated an Buy rating on this stock and boosted its target price from $21 to $22.
TEGNA Inc [TGNA] stock has fluctuated between $12.35 and $19.62 over the past year. Currently, Wall Street analysts expect the stock to reach $24 within the next 12 months. TEGNA Inc [NYSE: TGNA] shares were valued at $17.78 at the most recent close of the market. An investor can expect a potential return of 34.98% based on the average TGNA price forecast.
Analyzing the TGNA fundamentals
TEGNA Inc [NYSE:TGNA] reported sales of 3.10B for the trailing twelve months, which represents a growth of 19.93%. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at 0.25%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.21 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.04.
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 17.49 points at the first support level, and at 17.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 17.98, and for the 2nd resistance point, it is at 18.19.
Ratios To Look Out For
For context, TEGNA Inc’s Current Ratio is 2.92. Further, the Quick Ratio stands at 2.92, while the Cash Ratio is 1.49. Considering the valuation of this stock, the price to sales ratio is 0.92, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 5.01.
Transactions by insiders
Recent insider trading involved Trelstad Lynn B., Officer, that happened on Mar 10 ’25 when 40000.0 shares were purchased., Cox Thomas R. completed a deal on Dec 06 ’24 to sell 77873.0 shares. Meanwhile, SVP and CFO Heskett Julie sold 20000.0 shares on Dec 06 ’24.
