Thomson Reuters Co. (TSE:TRI – Get Free Report) (NYSE:TRI) Senior Officer Mary Alice Vuicic sold 6,062 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of C$235.62, for a total transaction of C$1,428,328.44.
Thomson Reuters Price Performance
TRI opened at C$230.96 on Friday. The firm 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 business’s 50-day moving average is C$225.89 and its two-hundred day moving average is C$223.15. Thomson Reuters Co. has a 1 year low of C$163.01 and a 1 year high of C$242.92. 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 issued its quarterly earnings data on Thursday, August 1st. The company reported C$1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$1.10 by C$0.06. Thomson Reuters had a net margin of 33.65% and a return on equity of 20.41%. The firm had revenue of C$2.38 billion for the quarter, compared to the consensus estimate of C$2.38 billion. Research analysts anticipate that Thomson Reuters Co. will post 5.8291688 earnings per share for the current fiscal year.
Thomson Reuters Cuts Dividend
Analyst Upgrades and Downgrades
Several research firms have commented on TRI. TD Securities raised their price objective on Thomson Reuters from C$230.00 to C$235.00 and gave the stock a “hold” rating in a report on Thursday, June 20th. National Bankshares raised their price target on Thomson Reuters from C$219.00 to C$231.00 and gave the company a “sector perform” rating in a research note on Friday, August 2nd. Scotiabank raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 27th. Finally, National Bank Financial raised shares of Thomson Reuters from a “hold” rating to a “strong-buy” rating in a research report on Sunday, September 8th. Five analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of C$190.14.
Check Out Our Latest Report on Thomson Reuters
About Thomson Reuters
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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