(TGNA) Tegna - Ratings and Ratios

TEGNA Inc. is a leading media company in the United States, providing high-quality content and innovative tools to help consumers navigate their daily lives. Through its diverse portfolio, the company delivers news, entertainment, and marketing solutions across multiple platforms, including online, mobile, connected television, and social media. With a strong presence in the broadcasting industry, TEGNA Inc. owns and operates several multicast networks, including True Crime Network and Quest, expanding its reach and influence. Founded in 1906, the company is headquartered in Tysons, Virginia, and is committed to delivering exceptional content and services to its audience. For more information, visit https://www.tegna.com.

From a financial perspective, TEGNA Inc.s common stock (TGNA) is listed on the NYSE, operating within the Broadcasting sub-industry. The companys market presence is substantial, with a market capitalization of $2.645 billion USD. Its financial performance is reflected in a price-to-earnings ratio of 5.82 and a forward P/E of 10.48, indicating potential for growth. Additionally, TEGNA Inc.s return on equity stands at 15.95%, demonstrating its ability to generate value for shareholders.

Analyzing the technical data, TEGNA Inc.s stock price is currently at $16.69, with its 20-day simple moving average (SMA) at $16.68 and its 50-day SMA at $16.46, indicating a potential bullish trend. The 200-day SMA is at $16.82, suggesting a longer-term stability. The average true range (ATR) is 0.43, representing a 2.56% volatility. Given the 52-week high and low prices of $18.91 and $12.33, respectively, the stock is currently trading near its 52-week average. Combining this technical data with the fundamental data, a forecast can be made: based on the current P/E ratio and the companys RoE, it is likely that TEGNA Inc.s stock will experience a moderate increase in the short term, potentially reaching $18.50 within the next 6-12 months, driven by its stable financial performance and growth prospects.

To achieve this forecast, TEGNA Inc. is expected to continue delivering high-quality content, expanding its marketing solutions, and leveraging its multicast networks to drive growth. The companys commitment to innovation and its strong presence in the broadcasting industry position it for success. As the media landscape continues to evolve, TEGNA Inc.s ability to adapt and innovate will be crucial in maintaining its market position and driving future growth.