TGNA's went public 34.83 years ago, making it older than 92.9% of listed US stocks we're tracking.
For TGNA, its debt to operating expenses ratio is greater than that reported by 86.84% of US equities we're observing.
Tegna Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -37.89%, greater than the shareholder yield of only 11.44% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Tegna Inc are ECPG, PBH, WSC, URI, and NCMI.
TGNA's SEC filings can be seen here. And to visit Tegna Inc's official web site, go to www.tegna.com.
TEGNA Inc. operates television stations that produce local programming, such as news, sports, and entertainment; and affiliated online sites. The company was founded in 1906 and is based in McLean, Virginia.
TGNA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Tegna Inc. To summarize, we found that Tegna Inc ranked in the 42th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 16.67%. In terms of the factors that were most noteworthy in this DCF analysis for TGNA, they are:
Its compound free cash flow growth rate, as measured over the past 5.46 years, is -0.08% -- higher than merely 15.75% of stocks in our DCF forecasting set.
39% of the company's capital comes from equity, which is greater than merely 19.18% of stocks in our cash flow based forecasting set.
Relative to other stocks in its sector (Consumer Cyclical), Tegna Inc has a reliance on debt greater than 76.31% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
CMCSA, PII, DPZ, ULTA, and CHUY can be thought of as valuation peers to TGNA, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Local broadcast TV names are moving higher alongside today's big deal there: for a Berkshire-backed E.W. Scripps (SSP +12.1%) to buy ION Media for $2.65B. Tegna (TGNA) is +4%; Gray Television (GTN) is +3.8%; Sinclair Broadcast Group (SBGI) is +2.8%; and Nexstar Media Group (NXST) is +1.4% today. The Scripps...