Looking at top Wall Street opinions, TEGNA Inc. (NYSE: TGNA) has recently made its way into the research list of Evercore ISI – signaling that their analyst’s rating adjustment is noteworthy. This stock was upgraded to a rating of Outperform in the eyes of Evercore ISI, whereas its previous rating was In-line in the eyes of Evercore ISI, as reported on Monday, March 25th, 2019. Another heavy-hitting research note was published by Gabelli & Co on Tuesday November 27th, 2018, with this firm Initiated TGNA to an updated rating of Buy. In the past six months and three months of trading, shares of TEGNA Inc. (TGNA) have moved by 46.52% and 42.46%, respectively.
Brokerage Updates Related to TEGNA Inc. (TGNA) Stock
This publicly-traded organization generated gains of 11.53% over the last 5 sessions. Right now, this stock is the subject of 10 analysts’ evaluations, who – on average – have given this company’s shares a Strong Buy rating. Not a Single analyst have given underperform rating or sell rating, and 4 have given a rating of Buy or better. Based on the 10 stock market experts following this company, the average 12-month price target is $17.22. Moreover, individual price targets range between $16.00-$19.00. With its recent move to $18.00, we can see that these firms project this stock will gain by 50.14% in one year.
Updates from TEGNA Inc. (TGNA) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A Director at TEGNA Inc. (TGNA) sold off some of its shares in a transaction that was finalized on Mar 05.
TEGNA Inc. (NYSE:TGNA) Results in the Pipeline
The next scheduled release of financial results for TEGNA Inc. will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.70. In the same vein, they expect sales for the quarter to amount to $636.86 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $642.14 million in revenue alongside EPS at $0.74. On average, the analyst projection was calling for $538.98 million with $0.40 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $524.08 million, with earnings per share ending up at $0.36.
NIO Inc. (NYSE:NIO) experienced a drop of -6.32% from the closing price in the previous trading day. That drove the price to $4.45 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 45,832,803 shares of stock – compared to the typical average of 30.77M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $8.01.
Pricing Indications for NIO Inc. (NIO)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 6.74 from its observable 50-day simple moving average. Right at this moment, the per-share value is -36.33% lower than the mean per-share price over the last 200 days in the market.
NIO Inc. (NYSE:NIO) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 3 have a Buy rating, 3 have an outperform rating, while 4 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.80, based on information from Thomson Reuters.
NIO Stock Value Potential
Over the course of the past year of trading, the share price stuck in the range of $4.20-$12.60. The market value for the entire organization reached 4.68B. In the last trading session, the price ended the day at $4.75. This company’s RSI (Relative Strength Index) managed to hit 28.75.
NIO Inc. (NYSE:NIO) Analyst Points of Focus
NIO Inc. (NIO) has found itself inside of Citigroup’s research list, so their analyst rating adjustment is worth taking note of. This stock was upgraded to Buy, compared to its previous rating of Neutral by Citigroup, as garnered from a news report on Thursday April 4th, 2019. An additional helpful research note was sent out by BofA/Merrill’s on Thursday April 4th, 2019. The brokerage decided to upgrade NIO to Neutral from its previous rating of Underperform.