Tegna Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $15.4
- Today's High:
- $15.94
- Open Price:
- $15.4
- 52W Low:
- $14.8948
- 52W High:
- $21.8781
- Prev. Close:
- $15.39
- Volume:
- 2960748
Company Statistics
- Market Cap.:
- $3.10 billion
- Book Value:
- 14.417
- Revenue TTM:
- $3.19 billion
- Operating Margin TTM:
- 28.28%
- Gross Profit TTM:
- $1.59 billion
- Profit Margin:
- 20.96%
- Return on Assets TTM:
- 8.01%
- Return on Equity TTM:
- 23.56%
Company Profile
Tegna Inc had its IPO on 1985-07-01 under the ticker symbol TGNA.
The company operates in the Communication Services sector and Broadcasting industry. Tegna Inc has a staff strength of 6,300 employees.
Stock update
Shares of Tegna Inc opened at $15.4 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $15.4 - $15.94, and closed at $15.92.
This is a +3.44% increase from the previous day's closing price.
A total volume of 2,960,748 shares were traded at the close of the day’s session.
In the last one week, shares of Tegna Inc have increased by +2.53%.
Tegna Inc's Key Ratios
Tegna Inc has a market cap of $3.10 billion, indicating a price to book ratio of 1.5392 and a price to sales ratio of 1.3974.
In the last 12-months Tegna Inc’s revenue was $3.19 billion with a gross profit of $1.59 billion and an EBITDA of $1.02 billion. The EBITDA ratio measures Tegna Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Tegna Inc’s operating margin was 28.28% while its return on assets stood at 8.01% with a return of equity of 23.56%.
In Q2, Tegna Inc’s quarterly earnings growth was a positive 55.8% while revenue growth was a negative 6.8%.
Tegna Inc’s PE and PEG Ratio
- Forward PE
- 9.2251
- Trailing PE
- 5.1472
- PEG
- 0.9757
Its diluted EPS in the last 12-months stands at $2.99 per share while it has a forward price to earnings multiple of 9.2251 and a PEG multiple of 0.9757. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tegna Inc’s profitability.
Tegna Inc stock is trading at a EV to sales ratio of 2.2967 and a EV to EBITDA ratio of 7.1622. Its price to sales ratio in the trailing 12-months stood at 1.3974.
Tegna Inc stock pays annual dividends of $0.38 per share, indicating a yield of 3.04% and a payout ratio of 15.7%.
Balance sheet and cash flow metrics
- Total Assets
- $7.12 billion
- Total Liabilities
- $332.74 million
- Operating Cash Flow
- $-11785000.00
- Capital Expenditure
- $11.65 million
- Dividend Payout Ratio
- 15.7%
Tegna Inc ended 2024 with $7.12 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $7.12 billion while shareholder equity stood at $2.90 billion.
Tegna Inc ended 2024 with $574.98 million in deferred long-term liabilities, $332.74 million in other current liabilities, 324419000.00 in common stock, $7.99 billion in retained earnings and $2.98 billion in goodwill. Its cash balance stood at $489.37 million and cash and short-term investments were $489.37 million. The company’s total short-term debt was $99,593,000 while long-term debt stood at $3.07 billion.
Tegna Inc’s total current assets stands at $1.14 billion while long-term investments were $36.97 million and short-term investments were $0. Its net receivables were $603.94 million compared to accounts payable of $78.79 million and inventory worth $0.
In 2024, Tegna Inc's operating cash flow was $-11785000.00 while its capital expenditure stood at $11.65 million.
Comparatively, Tegna Inc paid $0.16 in dividends in 2024.
Other key metrics
- Current Trading Price
- $15.92
- 52-Week High
- $21.8781
- 52-Week Low
- $14.8948
- Analyst Target Price
- $21
Tegna Inc stock is currently trading at $15.92 per share. It touched a 52-week high of $21.8781 and a 52-week low of $21.8781. Analysts tracking the stock have a 12-month average target price of $21.
Its 50-day moving average was $16.39 and 200-day moving average was $17.34 The short ratio stood at 3.97 indicating a short percent outstanding of 0%.
Around 105.6% of the company’s stock are held by insiders while 9977.4% are held by institutions.
Frequently Asked Questions About Tegna Inc
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About
TEGNA Inc. operates as a media company in the United States. The company operates television stations that deliver television programming and digital content. It offers news content to consumers across various platforms, including online, mobile, connected television, and social platforms; owns and operates multicast networks under the names True Crime Network, Quest, and Twist that offer on-demand episodes of shows; and operates VAULT Studios, which provides true crime and investigative content in the form of podcasts and original television programs. In addition, the company provides solutions for advertisers through TEGNA Marketing Solutions (TMS). TMS delivers results for advertisers across television and digital platforms, as well as over-the-top (OTT) platforms, including Premion OTT advertising network. It operates 64 television stations in 51 markets. TEGNA Inc. was founded in 1906 and is headquartered in Tysons, Virginia.