Tegna Inc Stock Buy Hold or Sell Recommendation
| TGNA Stock | USD 13.85 0.03 0.22% |
Given the investment horizon of 90 days and your bold attitude towards risk, our recommendation regarding Tegna Inc is 'Strong Hold'. Macroaxis provides Tegna buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Tegna positions. The advice algorithm takes into account all of Tegna's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Tegna's buy or sell advice are summarized below:
Real Value 17.59 | Target Price 21 | Hype Value 13.89 | Market Value 13.85 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Tegna Inc given historical horizon and risk tolerance towards Tegna. When Macroaxis issues a 'buy' or 'sell' recommendation for Tegna Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
Tegna |
Execute Tegna Buy or Sell Advice
The Tegna recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Tegna Inc. Macroaxis does not own or have any residual interests in Tegna Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Tegna's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Tegna Trading Alerts and Improvement Suggestions
| Tegna Inc generated a negative expected return over the last 90 days | |
| Tegna Inc is unlikely to experience financial distress in the next 2 years | |
| Tegna Inc has a strong financial position based on the latest SEC filings | |
| Over 95.0% of the company shares are owned by institutional investors | |
| On 1st of April 2024 Tegna paid $ 0.1138 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Indiana Fever and TEGNA Announce Partnership to Broadcast Games Locally on WTHR and WALV |
Tegna Returns Distribution Density
The distribution of Tegna's historical returns is an attempt to chart the uncertainty of Tegna's future price movements. The chart of the probability distribution of Tegna daily returns describes the distribution of returns around its average expected value. We use Tegna Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Tegna returns is essential to provide solid investment advice for Tegna.
| Mean Return | -0.12 | Value At Risk | -3.31 | Potential Upside | 2.70 | Standard Deviation | 1.88 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Tegna historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Tegna Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tegna is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tegna Inc backward and forwards among themselves. Tegna's institutional investor refers to the entity that pools money to purchase Tegna's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Royce & Associates, Lp | 2023-12-31 | 3.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.1 M | Sessa Capital Im Lp | 2023-09-30 | 2.8 M | Millennium Management Llc | 2023-12-31 | 2.7 M | Flat Footed Llc | 2023-12-31 | 2.7 M | Norges Bank | 2023-12-31 | 2.5 M | Fuller & Thaler Asset Management Inc | 2023-12-31 | 2.4 M | Gamco Investors, Inc. Et Al | 2023-12-31 | 2.1 M | Gabelli Funds Llc | 2023-12-31 | 1.8 M | Blackrock Inc | 2023-12-31 | 26.2 M | Vanguard Group Inc | 2023-12-31 | 25.3 M |
Tegna Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 22.9M | (8.3M) | 66.5M | (53.3M) | (61.3M) | (58.2M) | |
| Change In Cash | (106.5M) | 11.6M | 16.0M | 494.7M | (190.6M) | (181.1M) | |
| Free Cash Flow | 209.1M | 759.6M | 438.5M | 760.8M | 532.6M | 659.3M | |
| Depreciation | 110.6M | 134.6M | 127.9M | 121.1M | 113.2M | 169.7M | |
| Other Non Cash Items | (27.4M) | 28.4M | 16.0M | 8.3M | (127.5M) | (121.2M) | |
| Dividends Paid | 60.6M | 76.5M | 78.5M | 84.8M | 83.5M | 137.4M | |
| Capital Expenditures | 88.4M | 45.5M | 63.1M | 51.3M | 54.7M | 52.0M | |
| Net Income | 286.2M | 482.8M | 478.2M | 631.2M | 474.2M | 368.1M | |
| End Period Cash Flow | 29.4M | 41.0M | 57.0M | 551.7M | 361.0M | 379.1M | |
| Investments | (288K) | 2.6M | 1.9M | (51.2M) | (18.3M) | (17.4M) | |
| Change Receivables | (5.4M) | (86.2M) | 27.5M | (88.7M) | (79.8M) | (75.8M) | |
| Net Borrowings | 1.2B | (621M) | (326M) | (166M) | (149.4M) | (141.9M) | |
| Change To Netincome | 12.7M | 22.4M | 51.1M | 50.0M | 45.0M | 60.0M |
Tegna Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Tegna or Media sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Tegna's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Tegna stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.22 | |
β | Beta against NYSE Composite | 1.16 | |
σ | Overall volatility | 1.93 | |
Ir | Information ratio | -0.11 |
Tegna Volatility Alert
Tegna Inc exhibits very low volatility with skewness of -0.64 and kurtosis of 2.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Tegna's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Tegna's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Tegna Fundamentals Vs Peers
Comparing Tegna's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Tegna's direct or indirect competition across all of the common fundamentals between Tegna and the related equities. This way, we can detect undervalued stocks with similar characteristics as Tegna or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Tegna's fundamental indicators could also be used in its relative valuation, which is a method of valuing Tegna by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Tegna to competition |
| Fundamentals | Tegna | Peer Average |
| Return On Equity | 0.16 | -0.31 |
| Return On Asset | 0.0541 | -0.14 |
| Profit Margin | 0.16 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 5.26 B | 16.62 B |
| Shares Outstanding | 176.11 M | 571.82 M |
| Shares Owned By Insiders | 1.30 % | 10.09 % |
| Shares Owned By Institutions | 95.14 % | 39.21 % |
| Number Of Shares Shorted | 6.54 M | 4.71 M |
| Price To Earning | 8.97 X | 28.72 X |
| Price To Book | 0.89 X | 9.51 X |
| Price To Sales | 0.82 X | 11.42 X |
| Revenue | 2.91 B | 9.43 B |
| Gross Profit | 1.59 B | 27.38 B |
| EBITDA | 733.99 M | 3.9 B |
| Net Income | 474.2 M | 570.98 M |
| Cash And Equivalents | 200.77 M | 2.7 B |
| Cash Per Share | 0.90 X | 5.01 X |
| Total Debt | 3.16 B | 5.32 B |
| Debt To Equity | 1.14 % | 48.70 % |
| Current Ratio | 2.39 X | 2.16 X |
| Book Value Per Share | 15.03 X | 1.93 K |
| Cash Flow From Operations | 587.25 M | 971.22 M |
| Short Ratio | 2.40 X | 4.00 X |
| Earnings Per Share | 2.28 X | 3.12 X |
| Price To Earnings To Growth | 0.96 X | 4.89 X |
| Target Price | 19.0 | |
| Number Of Employees | 6.2 K | 18.84 K |
| Beta | 0.49 | -0.15 |
| Market Capitalization | 2.44 B | 19.03 B |
| Total Asset | 7 B | 29.47 B |
| Retained Earnings | 8.09 B | 9.33 B |
| Working Capital | 626.95 M | 1.48 B |
Note: Disposition of 43750 shares by David Lougee of Tegna at 14.7 subject to Rule 16b-3 [view details]
Tegna Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Tegna . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 0.0179 | |||
| Daily Balance Of Power | 0.12 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.87 | |||
| Day Typical Price | 13.86 | |||
| Market Facilitation Index | 0.25 | |||
| Period Momentum Indicator | 0.03 |
About Tegna Buy or Sell Advice
When is the right time to buy or sell Tegna Inc? Buying financial instruments such as Tegna Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 3.3B | 3.1B | 3.2B | 3.0B | Total Assets | 6.9B | 7.3B | 7.0B | 8.3B |
Use Investing Ideas to Build Portfolios
In addition to having Tegna in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Almost Nothing Thematic Idea Now
Almost Nothing
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Almost Nothing theme has 22 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Almost Nothing Theme or any other thematic opportunities.
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Check out Tegna Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for Tegna Stock analysis
When running Tegna's price analysis, check to measure Tegna's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tegna is operating at the current time. Most of Tegna's value examination focuses on studying past and present price action to predict the probability of Tegna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tegna's price. Additionally, you may evaluate how the addition of Tegna to your portfolios can decrease your overall portfolio volatility.
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Is Tegna's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tegna. If investors know Tegna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tegna listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 0.399 | Earnings Share 2.28 | Revenue Per Share 14.022 | Quarterly Revenue Growth (0.21) |
The market value of Tegna Inc is measured differently than its book value, which is the value of Tegna that is recorded on the company's balance sheet. Investors also form their own opinion of Tegna's value that differs from its market value or its book value, called intrinsic value, which is Tegna's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tegna's market value can be influenced by many factors that don't directly affect Tegna's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tegna's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tegna is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tegna's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.