Thomson-Reuters Corp (NYSE: TRI) has a price-to-earnings ratio of 27.69x that is above its average ratio. Additionally, the 36-month beta value for TRI is 0.69. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 0 rating it as “overweight,” 9 rating it as “hold,” and 2 rating it as “sell.”
The public float for TRI is 137.42M and currently, short sellers hold a 1.34% ratio of that float. The average trading volume of TRI on May 02, 2024 was 323.53K shares.
TRI) stock’s latest price update
The stock price of Thomson-Reuters Corp (NYSE: TRI) has jumped by 5.62 compared to previous close of 151.48. Despite this, the company has seen a gain of 4.86% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-02 that Although the revenue and EPS for Thomson Reuters (TRI) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
TRI’s Market Performance
TRI’s stock has risen by 4.86% in the past week, with a monthly rise of 4.95% and a quarterly rise of 5.51%. The volatility ratio for the week is 1.94% while the volatility levels for the last 30 days are 1.56% for Thomson-Reuters Corp The simple moving average for the past 20 days is 4.78% for TRI’s stock, with a 13.90% simple moving average for the past 200 days.
Analysts’ Opinion of TRI
Barclays, on the other hand, stated in their research note that they expect to see TRI reach a price target of $180, previously predicting the price at $150. The rating they have provided for TRI stocks is “Overweight” according to the report published on March 14th, 2024.
UBS gave a rating of “Buy” to TRI, setting the target price at $153 in the report published on November 07th of the previous year.
TRI Trading at 3.10% from the 50-Day Moving Average
After a stumble in the market that brought TRI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.98% of loss for the given period.
Volatility was left at 1.56%, however, over the last 30 days, the volatility rate increased by 1.94%, as shares surge +5.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.80% upper at present.
During the last 5 trading sessions, TRI rose by +4.73%, which changed the moving average for the period of 200-days by +21.28% in comparison to the 20-day moving average, which settled at $153.07. In addition, Thomson-Reuters Corp saw 9.42% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for TRI
Current profitability levels for the company are sitting at:
- 0.34 for the present operating margin
- 0.46 for the gross margin
The net margin for Thomson-Reuters Corp stands at 0.31. The total capital return value is set at 0.15. Equity return is now at value 23.06, with 13.10 for asset returns.
Based on Thomson-Reuters Corp (TRI), the company’s capital structure generated 0.23 points at debt to capital in total, while cash flow to debt ratio is standing at 0.71. The debt to equity ratio resting at 0.3. The interest coverage ratio of the stock is 15.06.
Currently, EBITDA for the company is 2.71 billion with net debt to EBITDA at 0.75. When we switch over and look at the enterprise to sales, we see a ratio of 10.91. The receivables turnover for the company is 5.76for trailing twelve months and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
In conclusion, Thomson-Reuters Corp (TRI) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
