Somewhat Positive Press Coverage Somewhat Unlikely to Affect Thomson Reuters (TRI) Stock Price

Media headlines about Thomson Reuters (NYSE:TRI) (TSE:TRI) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group scores the sentiment of media coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Thomson Reuters earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave media stories about the business services provider an impact score of 46.5935560970492 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

A number of equities analysts have weighed in on TRI shares. Macquarie raised shares of Thomson Reuters to a “buy” rating and upped their price objective for the company from $51.00 to $58.00 in a research report on Tuesday, October 3rd. Zacks Investment Research raised shares of Thomson Reuters from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Saturday, September 23rd. Morgan Stanley upped their price objective on shares of Thomson Reuters from $51.00 to $52.00 and gave the company an “equal weight” rating in a research report on Monday, October 23rd. Canaccord Genuity reaffirmed a “hold” rating and set a $46.00 price target on shares of Thomson Reuters in a research report on Wednesday, November 1st. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and set a $50.00 price target on shares of Thomson Reuters in a research report on Tuesday, September 19th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $50.92.

Shares of Thomson Reuters (NYSE TRI) traded up $0.25 during mid-day trading on Friday, hitting $43.59. 381,289 shares of the stock traded hands, compared to its average volume of 717,420. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.41. Thomson Reuters has a twelve month low of $42.22 and a twelve month high of $48.61. The company has a market capitalization of $30,930.00, a PE ratio of 29.45, a price-to-earnings-growth ratio of 1.98 and a beta of 0.71.

Thomson Reuters (NYSE:TRI) (TSE:TRI) last issued its quarterly earnings results on Wednesday, November 1st. The business services provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.58 by $0.10. Thomson Reuters had a net margin of 27.20% and a return on equity of 13.91%. The business had revenue of $2.79 billion for the quarter, compared to analysts’ expectations of $2.82 billion. During the same quarter last year, the company posted $0.54 earnings per share. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. equities research analysts expect that Thomson Reuters will post 2.46 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, December 15th. Shareholders of record on Thursday, November 16th were issued a $0.345 dividend. The ex-dividend date of this dividend was Wednesday, November 15th. This represents a $1.38 dividend on an annualized basis and a yield of 3.17%. Thomson Reuters’s dividend payout ratio is currently 93.24%.

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Thomson Reuters Company Profile

Thomson Reuters Corp (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.

Insider Buying and Selling by Quarter for Thomson Reuters (NYSE:TRI)

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