TEGNA Inc [TGNA] stock prices are down -0.25% to $19.87 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TGNA shares have lost -0.30% over the last week, with a monthly amount drifted -0.40%, 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 an 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 a Buy rating on this stock and boosted its target price from $21 to $22.
The stock price of TEGNA Inc [TGNA] has been fluctuating between $14.87 and $21.35 over the past year. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. TEGNA Inc [NYSE: TGNA] shares were valued at $19.87 at the most recent close of the market. An investor can expect a potential return of 10.72% based on the average TGNA price forecast.
Analyzing the TGNA fundamentals
The TEGNA Inc [NYSE:TGNA] reported sales of 2.88B for trailing twelve months, representing a drop of -19.34%. Gross Profit Margin for this corporation currently stands at 0.39% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.15%, and Net Profit Margin reading is 0.12%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.83.
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 19.73 points at the first support level, and at 19.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.98, and for the 2nd resistance point, it is at 20.08.
Ratios To Look Out For
It’s worth pointing out that TEGNA Inc [NYSE:TGNA]’s Current Ratio is 2.22. On the other hand, the Quick Ratio is 2.22. Considering the valuation of this stock, the price to sales ratio is 1.11, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 9.38.
Transactions by insiders
Recent insider trading involved Trelstad Lynn B., Officer, that happened on Apr 10 ’25 when 40000.0 shares were purchased. EVP and COO, Media Operations, Trelstad Lynn B. completed a deal on Mar 10 ’25 to sell 40000.0 shares. Meanwhile, Officer Trelstad Lynn B. bought 40000.0 shares on Mar 10 ’25.
