Tegna Inc Stock Analysis

TGNA Stock  USD 13.72  0.13  0.94%   
Tegna Inc is undervalued with Real Value of 17.58 and Target Price of 21.0. The main objective of Tegna stock analysis is to determine its intrinsic value, which is an estimate of what Tegna Inc is worth, separate from its market price. There are two main types of Tegna's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Tegna's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Tegna's stock to identify patterns and trends that may indicate its future price movements.
The Tegna stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Tegna is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Tegna Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Tegna's ongoing operational relationships across important fundamental and technical indicators.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tegna Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Tegna Stock Analysis Notes

About 95.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.89. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Tegna Inc has Price/Earnings To Growth (PEG) ratio of 0.96. The entity last dividend was issued on the 7th of March 2024. The firm had 15625:1000 split on the 1st of June 2017. TEGNA Inc. operates as a media company in the United States. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia. Tegna operates under Broadcasting classification in the United States and is traded on New York Stock Exchange. It employs 6200 people. To find out more about Tegna Inc contact David Lougee at 703 873 6600 or learn more at https://www.tegna.com.

Tegna Quarterly Total Revenue

725.85 Million

Tegna Inc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Tegna's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Tegna Inc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Tegna Inc generated a negative expected return over the last 90 days
Tegna Inc is unlikely to experience financial distress in the next 2 years
Tegna Inc has a strong financial position based on the latest SEC filings
Over 95.0% of the company shares are owned by institutional investors
On 1st of April 2024 Tegna paid $ 0.1138 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Indiana Fever and TEGNA Announce Partnership to Broadcast Games Locally on WTHR and WALV

Tegna Inc Upcoming and Recent Events

Earnings reports are used by Tegna to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tegna previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
29th of February 2024
Upcoming Quarterly Report
View
8th of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
29th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Tegna Largest EPS Surprises

Earnings surprises can significantly impact Tegna's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-05-08
2018-03-310.30.330.0310 
2020-05-07
2020-03-310.380.430.0513 
2022-05-09
2022-03-310.530.590.0611 
View All Earnings Estimates

Tegna Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Tegna is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tegna Inc backward and forwards among themselves. Tegna's institutional investor refers to the entity that pools money to purchase Tegna's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Royce & Associates, Lp2023-12-31
3.2 M
Morgan Stanley - Brokerage Accounts2023-12-31
3.1 M
Sessa Capital Im Lp2023-09-30
2.8 M
Millennium Management Llc2023-12-31
2.7 M
Flat Footed Llc2023-12-31
2.7 M
Norges Bank2023-12-31
2.5 M
Fuller & Thaler Asset Management Inc2023-12-31
2.4 M
Gamco Investors, Inc. Et Al2023-12-31
2.1 M
Gabelli Funds Llc2023-12-31
1.8 M
Blackrock Inc2023-12-31
26.2 M
Vanguard Group Inc2023-12-31
25.3 M
Note, although Tegna's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Tegna Market Capitalization

The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.44 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tegna's market, we take the total number of its shares issued and multiply it by Tegna's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Tegna Profitablity

Tegna's profitability indicators refer to fundamental financial ratios that showcase Tegna's ability to generate income relative to its revenue or operating costs. If, let's say, Tegna is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Tegna's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Tegna's profitability requires more research than a typical breakdown of Tegna's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.16 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.21 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.21.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.28  0.17 
Return On Capital Employed 0.09  0.18 
Return On Assets 0.07  0.09 
Return On Equity 0.18  0.18 

Management Efficiency

Tegna Inc has return on total asset (ROA) of 0.0541 % which means that it generated a profit of $0.0541 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1639 %, meaning that it created $0.1639 on every $100 dollars invested by stockholders. Tegna's management efficiency ratios could be used to measure how well Tegna manages its routine affairs as well as how well it operates its assets and liabilities. At present, Tegna's Return On Capital Employed is projected to slightly decrease based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.09, whereas Return On Tangible Assets are forecasted to decline to 0.17. At present, Tegna's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 7.3 B, whereas Total Current Assets are forecasted to decline to about 1 B.
Last ReportedProjected for Next Year
Book Value Per Share 13.03  9.91 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(12.46)(13.08)
Enterprise Value Over EBITDA 8.14  4.79 
Price Book Value Ratio 1.17  1.82 
Enterprise Value Multiple 8.14  4.79 
Price Fair Value 1.17  1.82 
Enterprise Value11.2 B11.8 B
The analysis of Tegna's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Tegna's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Tegna Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0329
Forward Dividend Yield
0.0329
Forward Dividend Rate
0.46
Beta
0.489

Technical Drivers

As of the 24th of April, Tegna has the Risk Adjusted Performance of (0.03), variance of 3.55, and Coefficient Of Variation of (1,529). In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tegna Inc, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate thirteen technical drivers for Tegna Inc, which can be compared to its competition. Please validate Tegna Inc standard deviation, treynor ratio, as well as the relationship between the Treynor Ratio and potential upside to decide if Tegna is priced more or less accurately, providing market reflects its prevalent price of 13.72 per share. Given that Tegna Inc has information ratio of (0.11), we advise you to double-check Tegna Inc's current market performance to make sure the company can sustain itself at a future point.

Tegna Inc Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Tegna middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Tegna Inc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Tegna Inc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tegna insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tegna's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tegna insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Tegna Outstanding Bonds

Tegna issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tegna Inc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tegna bonds can be classified according to their maturity, which is the date when Tegna Inc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Tegna Predictive Daily Indicators

Tegna intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tegna stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Tegna Corporate Filings

F4
3rd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
2nd of April 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
19th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
14th of March 2024
Other Reports
ViewVerify
11th of March 2024
Other Reports
ViewVerify
F3
4th of March 2024
The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock
ViewVerify
8K
29th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
F4
23rd of February 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify

Tegna Forecast Models

Tegna's time-series forecasting models are one of many Tegna's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Tegna's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Tegna Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Tegna prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Tegna shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Tegna. By using and applying Tegna Stock analysis, traders can create a robust methodology for identifying Tegna entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.21  0.22 
Operating Profit Margin 0.21  0.18 
Net Profit Margin 0.16  0.10 
Gross Profit Margin 0.37  0.38 

Current Tegna Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Tegna analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Tegna analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
21.0Buy7Odds
Tegna Inc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Tegna analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Tegna stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Tegna Inc, talking to its executives and customers, or listening to Tegna conference calls.
Tegna Analyst Advice Details

Tegna Stock Analysis Indicators

Tegna Inc stock analysis indicators help investors evaluate how Tegna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Tegna shares will generate the highest return on investment. By understating and applying Tegna stock analysis, traders can identify Tegna position entry and exit signals to maximize returns.
Begin Period Cash Flow551.7 M
Long Term Debt3.1 B
Common Stock Shares Outstanding207.9 M
Total Stockholder Equity2.7 B
Tax Provision173.6 M
Quarterly Earnings Growth Y O Y-0.591
Property Plant And Equipment Net525.7 M
Cash And Short Term Investments361 M
Cash361 M
Accounts Payable115 M
Net Debt2.8 B
50 Day M A14.2496
Total Current Liabilities423.4 M
Other Operating Expenses2.3 B
Non Current Assets Total5.9 B
Forward Price Earnings4.9285
Non Currrent Assets Other-510.3 M
Stock Based Compensation24.5 M
When determining whether Tegna Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tegna's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tegna Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tegna Inc Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tegna Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.

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When running Tegna's price analysis, check to measure Tegna's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tegna is operating at the current time. Most of Tegna's value examination focuses on studying past and present price action to predict the probability of Tegna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tegna's price. Additionally, you may evaluate how the addition of Tegna to your portfolios can decrease your overall portfolio volatility.
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Is Tegna's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tegna. If investors know Tegna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tegna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.59)
Dividend Share
0.399
Earnings Share
2.28
Revenue Per Share
14.022
Quarterly Revenue Growth
(0.21)
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tegna's market value can be influenced by many factors that don't directly affect Tegna's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.