Tegna Inc (NYSE:TGNA) shares traded 1.69% up during most recent session to reach at the closing price of $22.3. The stock exchanged hands 4.79 Million shares versus average trading capacity of 2.42 Million shares, yielding a market cap of $4.79 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $26 within the next 52-weeks. The mean target projections are based on 8 opinions.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Tegna Inc (NYSE:TGNA) high price target of $36 and with a conservative view have low price target of $20.

JP Morgan “Downgrades” Tegna Inc (NYSE:TGNA) in a research note issued to investors on 11/23/16 to Neutral with price target of $0.

Additionally on 11/03/16 Stephens & Co. “Downgrades” Tegna Inc (NYSE:TGNA) to Equal-Weight setting price target at $ and on 11/01/16 FBR Capital “Upgrades” the stock to Outperform. Furthermore on 8/19/16 Benchmark “Initiates Coverage on” the stock to Buy at $26.

On the other hand the company has Relative Strength Index (RSI 14) of 32.93 along with Average True Range (ATR 14) of 0.71, Consequently Tegna Inc (NYSE:TGNA)’s weekly and monthly volatility is 4.42%, 2.80% respectively. The company’s beta value is at 1.65.

In terms of Buy, Sell or Hold recommendations, Tegna Inc (NYSE:TGNA) has analysts’ mean recommendation of 2.5. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

According to analysts Tegna Inc (NYSE:TGNA)’s minimum EPS for the current quarter is at $0.32 and can go high up to $0.42. The consensus mean EPS for the current quarter is at $0.38 derived from a total of 7 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.5 earnings per share for the same quarter during last year.

Previously Tegna Inc (NYSE:TGNA) reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. The company posted an earnings surprise of 3.1%.

While considering growth estimates of the company, it has next quarter growth estimates of -30.8% whereas during current quarter it has -24% estimations over growth, comparing to the estimations of -27.9% during current year and 30.4% for next year. Past 5 years growth of Tegna Inc (NYSE:TGNA) observed at 1.31%, looking forward for the next 5 years it has a strong prediction of 10% over growth.

Tegna Inc (NYSE:TGNA)’s revenue estimates for the current quarter are $833.27 Million according to 6 number of analysts, for the current quarter the company has high revenue estimates of $837.29 Million in contradiction of low revenue estimates of $824.2 Million. For the current year the company’s revenue estimates are $3.36 Billion compared to low analyst estimates of $3.32 Billion and high estimates of $3.4 Billion according to 8 number of analysts.

Currently Tegna Inc (NYSE:TGNA)’s shares owned by insiders are 0.3%, whereas shares owned by institutional owners are 89.1%. However the six-month change in the insider ownership was recorded -23.73%, as well as three-month change in the institutional ownership was recorded -1.04%.

Tegna Inc (NYSE:TGNA) 52-week high price stands at $26.51 and low price stands at $17.70, its price distance from 52-week high is -15.87% while its distance from 52-week low price is 25.96%. The stock hit its 52-week high on 02/27/17, and 52-week low on 11/04/16.

Tegna Inc (NYSE:TGNA)’s trailing twelve month revenues are $3.34 Billion, whereas its price to sales ratio for the same period is 1.46. Its book value per share for the most recent quarter is $10.63 while its price to book ratio for the same period is 2.1, as for as the company’s cash per share for the most recent quarter is $0.36, however its price to cash per share ratio for the same period is 61.29. The stock has 5 year expected PEG ratio of 1.19 whereas its trailing twelve month P/E ratio is 11.9.