Analysts Upgrade/Downgrade Activity of Tribune Media Company (TRCO)

Getty Images                      Chicago home of Tribune Media

Getty Images Chicago home of Tribune Media

The stock added in the prior trading session by 0.53%, closing at the stock price of $42.04.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Gabelli lowered Tribune Media from a "buy" rating to a "sell" rating in a report on Tuesday. Wells Fargo & Co lowered shares of Tribune Media from an "outperform" rating to a "market perform" rating in a research note on Thursday, April 20th.

Tribune's net loss was $85.6 million, or 99 cents per share, in the quarter, compared with a net income of $11.1 million, or 12 cents per share, a year earlier. Analysts have a mean recommendation of 3.20 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Tribune Media Company (NYSE:TRCO), at its latest closing price of $42.04, it has a price-to-book ratio of 1.02, compared to an industry average at 2.13. The company's stock has a normal trading capacity of 2.10M shares while the relative volume is 3.68.

The company's 50 day moving average is 37.81 and its 200 day moving average is 34.66. The stock has a market cap of $3.64 billion, a price-to-earnings ratio of 267.77 and a beta of 1.44. The 52 week high Tribune Media Company's shares have peaked at is 43.04 whilst the 52 week low for the company's shares is 27.75. For the next 5 years, Tribune Media Company is expecting Growth of 3% per annum, whereas in the past 5 years the growth was -12.63% per annum.

In its earnings report, Tribune said the TV division Q1 revenues hit $436 million, versus the $455.9 million hit in the first quarter of 2016.

Tribune Media's Return on Equity of 2.4% leaves a lot to be desired and to make things worse this is below the industry average of 18.26%. During the same period in the previous year, the firm posted $0.22 EPS. On average, equities research analysts predict that Tribune Media will post $1.41 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 6th. Stockholders of record on Monday, May 22nd will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, May 18th. Tribune Media's dividend payout ratio is now -24.39%. If you are viewing this piece on another website, it was copied illegally and republished in violation of United States and global trademark & copyright law. The correct version of this report can be accessed at https://www.chaffeybreeze.com/2017/05/12/tribune-medias-trco-hold-rating-reaffirmed-at-jefferies-group-llc.html. Morgan Stanley boosted its position in Tribune Media by 181.2% in the third quarter.

The company posted EPS of $-0.25 for the same quarter previous year. Asset Management One Co. Finally, Sei Investments Co. increased its stake in shares of Tribune Media by 237.1% in the first quarter. Tightening the gaze, stock performance for the last 5 trading days is 6.19%.

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