Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) Senior Officer Kirsty Roth sold 5,310 shares of Thomson Reuters stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of C$234.93, for a total value of C$1,247,459.18.
Thomson Reuters Stock Up 0.8 %
TRI opened at C$230.96 on Friday. The business has a 50-day moving average of C$225.89 and a 200-day moving average of C$223.15. Thomson Reuters Co. has a fifty-two week low of C$163.01 and a fifty-two week high of C$242.92. The company has a market capitalization of C$103.87 billion, a PE ratio of 33.14, a price-to-earnings-growth ratio of 3.64 and a beta of 0.40. The company has a debt-to-equity ratio of 29.05, a current ratio of 0.88 and a quick ratio of 0.52.
Thomson Reuters (TSE:TRI – Get Free Report) (NYSE:TRI) last released its quarterly earnings results on Thursday, August 1st. The company reported C$1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of C$1.10 by C$0.06. The company had revenue of C$2.38 billion during the quarter, compared to the consensus estimate of C$2.38 billion. Thomson Reuters had a return on equity of 20.41% and a net margin of 33.65%. Equities research analysts forecast that Thomson Reuters Co. will post 5.8291688 EPS for the current fiscal year.
Thomson Reuters Cuts Dividend
Analysts Set New Price Targets
Several brokerages have recently issued reports on TRI. TD Securities boosted their price target on shares of Thomson Reuters from C$230.00 to C$235.00 and gave the company a “hold” rating in a report on Thursday, June 20th. National Bank Financial raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a report on Sunday, September 8th. National Bankshares lifted their target price on Thomson Reuters from C$219.00 to C$231.00 and gave the stock a “sector perform” rating in a report on Friday, August 2nd. Finally, Scotiabank raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 27th. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat, Thomson Reuters currently has an average rating of “Moderate Buy” and an average target price of C$190.14.
View Our Latest Research Report on TRI
Thomson Reuters Company Profile
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
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