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Thomson Reuters (TSE:TRI)
TSX:TRI
Thomson Reuters (TRI) Stock Price & Analysis
81 Followers
TRI Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$154.98 - C$231.35
Previous CloseC$230.91
Volume345.90K
Average Volume (3M)264.51K
Market Cap
C$104.22B
Enterprise ValueC$106.84B
Total Cash (Recent Filing)$1.90B
Total Debt (Recent Filing)$3.82B
Price to Earnings (P/E)32.6
Beta0.38
Next Earnings
Aug 01, 2024EPS Estimate
C$1.13Last Dividend Ex-Date
May 15, 2024Dividend Yield1.2%
Share Statistics
EPS (TTM)7.09
Shares Outstanding473,101,530
10 Day Avg. Volume286,360
30 Day Avg. Volume264,507
Standard Deviation0.05
R-Squared0.12
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-84.35
Price to Sales (P/S)57.41
Price to Cash Flow (P/CF)46.30
P/FCF Ratio44.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.39
Enterprise Value/Gross Profit23.75
Enterprise Value/Ebitda37.50
Forecast
1Y Price Target
C$229.15Price Target Upside-1.63% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Thomson Reuters News
PremiumCompany Announcements
Thomson Reuters: Financial Performance Insights
Bulls Say, Bears Say
Bulls Say
Financial PerformanceStrong first-quarter performance with raised revenue and organic growth guidance by Thomson Reuters Corp. signals confidence in the company's growth trajectory.
Product InnovationThomson Reuters Corp. is enhancing its product offerings with Generative AI capabilities, leading to an optimistic outlook on the company's ability to drive organic revenue growth.
Strategic GrowthThomson Reuters Corp.'s focus on strategic mergers and acquisitions, alongside an $8 billion financial capacity dedicated to these initiatives, positions the company for sustained expansion.
Bears Say
Cash FlowFree cash flow guidance for 2024 falls short of the previous year due to higher cash taxes and M&A-related expenses.
Financial PerformanceMargin contraction this year from reinvestments and margin-dilutive M&A.
Stock ValuationAnalyst maintains HOLD recommendation due to high valuations and advises waiting for growth expectations to moderate before increasing positions.
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TRI FAQ
What was Thomson Reuters’s price range in the past 12 months?
Thomson Reuters lowest stock price was C$154.98 and its highest was C$231.35 in the past 12 months.
What is Thomson Reuters’s market cap?
Currently, no data Available
When is Thomson Reuters’s upcoming earnings report date?
Thomson Reuters’s upcoming earnings report date is Aug 01, 2024 which is in 76 days.
How were Thomson Reuters’s earnings last quarter?
Thomson Reuters released its earnings results on May 02, 2024. The company reported C$1.522 earnings per share for the quarter, beating the consensus estimate of C$1.291 by C$0.231.
Is Thomson Reuters overvalued?
According to Wall Street analysts Thomson Reuters’s price is currently Overvalued.
Does Thomson Reuters pay dividends?
Thomson Reuters pays a Notavailable dividend of C$0.74 which represents an annual dividend yield of 1.2%. See more information on Thomson Reuters dividends here
What is Thomson Reuters’s EPS estimate?
Thomson Reuters’s EPS estimate is C$1.13.
How many shares outstanding does Thomson Reuters have?
Thomson Reuters has 451,363,370 shares outstanding.
What happened to Thomson Reuters’s price movement after its last earnings report?
Thomson Reuters reported an EPS of C$1.522 in its last earnings report, beating expectations of C$1.291. Following the earnings report the stock price went up 6.866%.
Which hedge fund is a major shareholder of Thomson Reuters?
Among the largest hedge funds holding Thomson Reuters’s share is Bridgewater Associates, LP. It holds Thomson Reuters’s shares valued at 8M.
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Thomson Reuters Stock Smart Score
Outperform
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$229.15 (-1.63% Downside)
C$229.15 (-1.63% Downside)
Blogger Sentiment
Bullish
TSE:TRI Sentiment 80%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 5.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $6.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.7%
Last 30 Days ▲ 6.4%
Last 30 Days ▲ 6.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
44.96%
12-Months-Change
Fundamentals
Return on Equity
20.21%
Trailing 12-Months
Asset Growth
-10.55%
Trailing 12-Months
Company Description
Thomson Reuters
Thomson Reuters Corporation is a multinational media conglomerate which engages in providing news and business information services to professionals. It offers value-added information and technology to users in the fields of accounting, financial services, law, tax, corporate training and assessment, reference information, higher education, scientific research and healthcare.
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TRI Company Deck
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TRI Earnings Call
Q1 2024
0:00 / 0:00
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TRI Stock 12 Month Forecast
Average Price Target
C$229.15
▼(-1.63% Downside)
Technical Analysis
Best Analysts Covering TRI
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+27.80%
reiterated a buy rating 14 days ago
Copying Kevin Mcveigh's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +27.80% per trade.
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