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Thomson Reuters (TSE:TRI)
TSX:TRI
Thomson Reuters (TRI) Stock Price & Analysis
86 Followers
TRI Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$161.35 - C$242.92
Previous CloseC$230.65
Volume413.46K
Average Volume (3M)351.10K
Market Cap
C$103.91B
Enterprise ValueC$106.55B
Total Cash (Recent Filing)$1.90B
Total Debt (Recent Filing)$3.82B
Price to Earnings (P/E)32.5
Beta0.48
Next Earnings
Aug 01, 2024EPS Estimate
C$1.13Last Dividend Ex-Date
May 15, 2024Dividend Yield1.22%
Share Statistics
EPS (TTM)7.09
Shares Outstanding450,530,559
10 Day Avg. Volume629,433
30 Day Avg. Volume351,100
Standard Deviation0.05
R-Squared0.13
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)-79.33
Price to Sales (P/S)56.05
Price to Cash Flow (P/CF)43.60
P/FCF Ratio58.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue15.35
Enterprise Value/Gross Profit23.69
Enterprise Value/Ebitda29.51
Forecast
1Y Price Target
C$229.31Price Target Upside-0.58% Downside
Rating ConsensusHold
Number of Analyst Covering12
Thomson Reuters News
PremiumCompany Announcements
Thomson Reuters Board Re-Elected with Strong Backing
PremiumCompany Announcements
Thomson Reuters: Financial Performance InsightsBulls Say, Bears Say
Bulls Say
EarningsThomson Reuters reported a stronger-than-expected Q1/24 with solid 9% organic revenue growth.
Product InnovationThomson Reuters' organic revenue growth rates are benefiting from product innovation, including the addition of Gen AI capabilities in Westlaw, Practical Law, and other non-Legal offerings.
Revenue GuidanceThomson Reuters raised its revenue growth guidance for 2024 from 6.5% to 6.5-7%, and its organic growth from 6% to 6-6.5%.
Bears Say
EarningsMargin contraction from reinvestments and margin-dilutive M&A is reflected in the valuation.
Financial PerformanceTRI's free cash flow yield is low, with potential downside if interest rates remain high.
ValuationValuations remain expensive, hinging on the timing and extent of growth expectation re-ratings.
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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$161.34 and its highest was C$242.92 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 24 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 1.22%. 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 450,530,550 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 Moore Capital Management LP. It holds Thomson Reuters’s shares valued at 3M.
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Thomson Reuters Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Hold
Average Price Target:
C$229.31 (-0.58% Downside)
C$229.31 (-0.58% Downside)
Blogger Sentiment
Bullish
TSE:TRI Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 35.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 0.8%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.36%
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$229.31
▼(-0.58% Downside)
Technical Analysis
Best Analysts Covering TRI
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+27.68%
reiterated a buy rating 2 months 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 +27.68% per trade.
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