Tegna Inc Stock Price on December 27, 2023

TGNA Stock  USD 18.77  0.12  0.64%   
Below is the normalized historical share price chart for Tegna Inc extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Tegna stands at 18.77, as last reported on the 1st of December, with the highest price reaching 18.99 and the lowest price hitting 18.63 during the day.
IPO Date
1st of July 1985
200 Day MA
14.9097
50 Day MA
16.7062
Beta
0.5
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Tegna Stock, it is important to understand the factors that can impact its price. Tegna appears to be very steady, given 3 months investment horizon. Tegna Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Tegna's technical indicators, you can evaluate if the expected return of 0.5% is justified by implied risk. Please review Tegna's Risk Adjusted Performance of 0.1713, coefficient of variation of 464.11, and Semi Deviation of 1.19 to confirm if our risk estimates are consistent with your expectations.
  
At present, Tegna's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 213.2 M, whereas Common Stock Total Equity is forecasted to decline to about 291.4 M. . At present, Tegna's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Earnings Ratio is expected to grow to 8.95, whereas Price Earnings To Growth Ratio is projected to grow to (0.34). Tegna Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.218

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Estimated Market Risk

 2.28
  actual daily
20
80% of assets are more volatile

Expected Return

 0.5
  actual daily
9
91% of assets have higher returns

Risk-Adjusted Return

 0.22
  actual daily
17
83% of assets perform better
Based on monthly moving average Tegna is performing at about 17% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Tegna by adding it to a well-diversified portfolio.
Price Book
1.0532
Enterprise Value Ebitda
6.0402
Price Sales
1.0226
Shares Float
159.1 M
Dividend Share
0.478

Tegna Valuation on December 27, 2023

It is possible to determine the worth of Tegna on a given historical date. On December 27, 2023 Tegna was worth 14.89 at the beginning of the trading date compared to the closed value of 14.85. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Tegna stock. Still, in general, we apply an absolute valuation method to find Tegna's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Tegna where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Tegna's related companies.
 Open High Low Close Volume
  14.94    15.00    14.80    14.92    1,507,582  
12/27/2023
  14.89    14.96    14.78    14.85    1,350,640  
  14.80    14.95    14.80    14.94    1,414,569  
Backtest Tegna  |  Tegna History  |  Tegna Valuation   PreviousNext  
Open Value
14.89
14.85
Closing Value
21.73
Upside

Tegna Trading Date Momentum on December 27, 2023

On December 28 2023 Tegna Inc was traded for  14.94  at the closing time. The top price for the day was 14.95  and the lowest listed price was  14.80 . The trading volume for the day was 1.4 M. The trading history from December 28, 2023 was a factor to the next trading day price jump. The trading price change against the next closing price was 0.61% . The trading price change against the current closing price is 0.74% .

Tegna Inc Fundamentals Correlations and Trends

By evaluating Tegna's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Tegna's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Tegna financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Tegna Stock history

Tegna investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Tegna is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Tegna Inc will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Tegna stock prices may prove useful in developing a viable investing in Tegna
Last ReportedProjected for Next Year
Common Stock Shares Outstanding207.9 M213.2 M
Net Income Applicable To Common Shares566.9 M566.1 M

Tegna Quarterly Net Working Capital

749.03 Million

Tegna Stock Technical Analysis

Tegna technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Tegna technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Tegna trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Tegna Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Tegna Inc cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Tegna December 1, 2024 Market Strength

Market strength indicators help investors to evaluate how Tegna stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Tegna shares will generate the highest return on investment. By undertsting and applying Tegna stock market strength indicators, traders can identify Tegna Inc entry and exit signals to maximize returns

Tegna Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Tegna's price direction in advance. Along with the technical and fundamental analysis of Tegna Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Tegna to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Tegna Stock analysis

When running Tegna's price analysis, check to measure Tegna's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tegna is operating at the current time. Most of Tegna's value examination focuses on studying past and present price action to predict the probability of Tegna's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tegna's price. Additionally, you may evaluate how the addition of Tegna to your portfolios can decrease your overall portfolio volatility.
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