Thomson-Reuters Corp (NYSE: TRI) is -0.70% lower on its value in year-to-date trading and has touched a low of $146.10 and a high of $176.03 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TRI stock was last observed hovering at around $158.15 in the last trading session, with the day’s gains setting it 1.1%.
Currently trading at $159.25, the stock is -0.67% and -2.67% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 0.70% at the moment leaves the stock -3.39% off its SMA200. TRI registered 7.69% gain for a year compared to 6-month gain of -2.36%. The firm has a 50-day simple moving average (SMA 50) of $163.624 and a 200-day simple moving average (SMA200) of $164.8413.
The stock witnessed a -4.64% loss in the last 1 month and extending the period to 3 months gives it a -5.18%, and is 2.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.61% over the week and 1.34% over the month.
Thomson-Reuters Corp (TRI) has around 25600 employees, a market worth around $71.65B and $7.16B in sales. Current P/E ratio is 31.34 and Fwd P/E is 39.84. Profit margin for the company is 32.06%. Distance from 52-week low is 9.00% and -9.53% from its 52-week high. The company has generated returns on investments over the last 12 months (16.74%).
with sales reaching $1.91B over the same period.The EPS is expected to grow by 5.50% this year, but quarterly earnings will post 6.98% year-over-year. Quarterly sales are estimated to grow 5.38% in year-over-year returns.
Thomson-Reuters Corp (TRI) Top Institutional Holders
803.0 institutions hold shares in Thomson-Reuters Corp (TRI), with institutional investors hold 69.38% of the company’s shares. The shares outstanding are 449.71M, and float is at 148.84M with Short Float at 0.63%. Institutions hold 20.98% of the Float.
Thomson-Reuters Corp (TRI) Insider Activity
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Still, SEC filings show that on Sep 12 ’24, Kirsty Roth (Officer) Proposed Sale 5,310 shares at an average price of $172.13 for $0.91 million. The insider now directly holds shares of Thomson-Reuters Corp (TRI).
