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Is this Large Market Cap Stock target price reasonable for TEGNA Inc. (NYSE:TGNA)?

The company in question is, TEGNA Inc. (NYSE:TGNA) currently with a stock price of 19.76 (-0.88% today). The market cap for TEGNA Inc. is 4401.56, and is in the sector Services, and Broadcasting РTV industry. The target price for TEGNA Inc. is 27.14. Currently TEGNA Inc. is trading with a P/E of 9.97, and a forward P/E of 10.2. Average volume for TEGNA Inc. is 1726.36 and so far today it is 979405.

Performance in the last year for TEGNA Inc. has been -18.43%. For EPS growth, TEGNA Inc. has seen a growth of -47.50%, and is looking to grow in the next year to -15.99%. More long term stats show that EPS growth has been -7.90% over the last five years and could be 10.00% for the next five years. TEGNA Inc. has seen sales growth quarter over quarter at 7.30%, with EPS growth quarter over quarter at 171.80%. The 20-day simple moving average is -6.27%, with the 200-day simple moving average coming to -12.32%.

Since the IPO date for TEGNA Inc. on the 07/01/1985, TEGNA Inc. has seen performance year to date to be -20.39%. With TEGNA Inc. trading at 19.76, the dividend yield is 2.81%, and the EPS is 2.

So could TEGNA Inc., be undervalued? Well as said before P/E is 9.97. The PEG is 1, P/S is 1.44 and the P/B is at 2.01. The P/cash is 43.07, with P/free cash flow at 35.1.

TEGNA Inc. ability to deal with debt shows that the current ratio is 1.5, and the quick ratio is *TBA. This is with long term debt/equity at 1.98, and total debt/equity at 1.98.

In terms of margins, TEGNA Inc. has a gross margin of 70.80%, an operating margin of 32.20% and a profit margin of 13.60%.Payout ratio for TEGNA Inc. is 29.70%. Return on assets come to 4.80% with return on investment coming to 11.20%.

Insider ownership for TEGNA Inc., is at 6.92% and institutional ownership comes to 91.80%. Outstanding shares are at 220.74. While shares float is 213.59. The float short is currently 3.45%, and short ratio is 4.26.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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