Home Sectors Consumer Cyclical Present Valuation: TEGNA Inc (NYSE: TGNA)

Present Valuation: TEGNA Inc (NYSE: TGNA)


TEGNA Inc is in the entertainment industry and is part of the consumer cyclical sector. The company CEO is David T. Lougee. Tegna Inc is a media conglomerate engaged in broadcasting and digital services. The company was formerly part of Gannett, after the split has local stations like Cars.com, and CareerBuilder and operates daily newspapers in the US and UK.

Previous Intraday Trading Performance:

The TGNA stock showed a previous change of 4.45% with an open at 15.29 and a close of 15.74. It reached an intraday high of 15.74 and a low of 15.29.

Business Wire:  TEGNA to Webcast Second Quarter 2019 Earnings Conference Call on Tuesday, August 6


The stock has a market cap of $3.4b with 216.4m shares outstanding, of which the float is 214.4m shares. Trading volume reached 3,036,608 shares compared to its average volume of 2,761,079 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, TEGNA Inc shares returned 2.34% and in the past 30 trading days it returned 0.77%. Over three months, it changed 8.77%. In one year it has changed 56.80% and within that year its 52-week high was 16.57 and its 52-week low was 10.11. TGNA stock is 55.69% above its 52 Week Low.

Our calculations show a 200 day moving average of 12.90 and a 50 day moving average of 15.41. Currently TGNA stock is trading 22.06% above its 200 day moving average.

Business Wire:  TEGNA to Webcast Second Quarter 2019 Earnings Conference Call on Tuesday, August 6


The last annual fiscal EPS for the company was reported at 1.87 that ended on 31st of December 2018, which according to the previous close, that is a PE of 8.42. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.28. The TTM EPS is 1.83, which comes to a TTM PE of 8.60. Historically, the PE high was 12.40 and the PE low was 3.00. If the stock reached its PE low, that would represent a price of 5.49, which is a decrease of -65.12%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/09/2019): 0.34
4thQtr of 2018 (Reported on 03/01/2019): 0.74
3rdQtr of 2018 (Reported on 11/08/2018): 0.45
2ndQtr of 2018 (Reported on 08/07/2018): 0.43
1stQtr of 2018 (Reported on 05/08/2018): 0.25

The dividend per share is currently 0.28, which is a dividend yield of 1.78%. Also, the payout ratio is 15.30%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 28.64, which means it is possibly undervalued and has a margin of safety of 45.05%.

Indicators to Watch:

Short-interest was 12,898,490, which was 5.96% of shares outstanding. The short-interest ratio or days-to-cover ratio was 4.46. This stock has a moderate level of short interest, but may still be a buying opportunity depending on other indicators.

The current calculated beta is 1.60.

PR Newswire:  TDS and U.S. Cellular announce financial leadership appointments

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 36.13%, return on assets is 8.48%, profit margin is 19.26%, price-to-sales is 1.47 and price-to-book is 2.32.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 2  :Financial Strength Score
 1  :Future Growth Score
 3  :Dividend Score
 2  :Overall Score

Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.