Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) Director Caroline Rogge sold 339 shares of Thomson Reuters stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$235.35, for a total transaction of C$79,782.97.
Thomson Reuters Stock Down 0.4 %
Shares of Thomson Reuters stock opened at C$230.12 on Friday. Thomson Reuters Co. has a 1-year low of C$163.01 and a 1-year high of C$242.92. The company has a market capitalization of C$103.49 billion, a PE ratio of 32.87, a P/E/G ratio of 3.64 and a beta of 0.40. The company has a debt-to-equity ratio of 29.05, a current ratio of 0.88 and a quick ratio of 0.52. The business has a 50-day moving average of C$225.99 and a 200-day moving average of C$223.25.
Thomson Reuters (TSE:TRI – Get Free Report) (NYSE:TRI) last issued its quarterly earnings data on Thursday, August 1st. The company reported C$1.16 earnings per share for the quarter, beating analysts’ consensus estimates of C$1.10 by C$0.06. Thomson Reuters had a return on equity of 20.41% and a net margin of 33.65%. The firm had revenue of C$2.38 billion during the quarter, compared to analyst estimates of C$2.38 billion. As a group, equities analysts forecast that Thomson Reuters Co. will post 5.753 EPS for the current fiscal year.
Thomson Reuters Cuts Dividend
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on TRI. Scotiabank upgraded shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 27th. TD Securities boosted their price objective on Thomson Reuters from C$230.00 to C$235.00 and gave the stock a “hold” rating in a research note on Thursday, June 20th. National Bankshares increased their target price on Thomson Reuters from C$219.00 to C$231.00 and gave the company a “sector perform” rating in a research note on Friday, August 2nd. Finally, National Bank Financial raised Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Sunday, September 8th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Thomson Reuters currently has a consensus rating of “Moderate Buy” and a consensus target price of C$190.14.
Read Our Latest Analysis on TRI
About Thomson Reuters
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
Featured Articles
- Five stocks we like better than Thomson Reuters
- Business Services Stocks Investing
- Take Advantage of Village Farms Stock as Cannabis Market Evolves
- What Does a Stock Split Mean?
- MarketBeat Week in Review – 9/16 – 9/20
- Find and Profitably Trade Stocks at 52-Week Lows
- Don’t Miss These 3 Retail Stocks for Fall Gains
Receive News & Ratings for Thomson Reuters Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thomson Reuters and related companies with MarketBeat.com's FREE daily email newsletter.