Tribune Publishing Company (formerly tronc, Inc.), a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses. In addition, it offers TCA, a syndication and licensing business that provides daily news service and syndicated premium content to 1,700 media and digital information publishers; and forsalebyowner.com, a national consumer-to-consumer focused real estate Website. The company is based in Chicago, Illinois.
TPCO Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for TPCO, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Tribune Publishing Co ranked in the 20th percentile in terms of potential gain offered. We should note, though, that all scenearios modelled for this stock suggest it is overvalued. The most interesting components of our discounted cash flow analysis for Tribune Publishing Co ended up being:
The company's compound free cash flow growth rate over the past 4.97 years comes in at -0.21%; that's greater than only 8.86% of US stocks we're applying DCF forecasting to.
Tribune Publishing Co's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Relative to other stocks in its sector (Consumer Cyclical), Tribune Publishing Co has a reliance on debt greater than just 10.3% of them.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Tribune Publishing Co? See BURL, WPP, YUM, GFASY, and MGM.
Ladies and gentlemen, thank you for standing by, and welcome to the first-quarter 2020 Tribune Publishing Company earnings conference call. Before we begin, I would like to remind you that management will make forward-looking statements during the course of this call, and our actual results could differ materially. Statements containing words such as may, believe, anticipate, expect, intent, plan, will, continue, estimate, outlook or other similar expressions are forward-looking statements.
Tribune Publishing ([[TPCO]] +3.5%) reported an increase of 11.5% Y/Y for Q1 overall revenues to $216.5M.Advertising revenues decreased 20.6% Y/Y due to decreases in all revenue categories.Circulation revenues decreased $2.9M Y/Y; Home delivery decreased $4.4M Y/Y and single copy decreased $1.1M Y/Y; were partially offset by an increase of $2.6M in...
Tribune Publishing Co. reported Friday first-quarter losses that widened nearly 10-fold, as the COVID-19 pandemic required the newspaper publisher, which papers include the Chicago Tribune, New York Daily News and The Baltimore Sun, to accelerate cost-cutting measures and to grow its digital-only subscriber base given the continued decline in revenue. The net loss widened to $45.3 million, or $1.26 a share, from $4.7 million, or 13 cents a share, in the year-ago period. Revenue fell 11.5% to $216.5 million, as advertising revenue declined 20.6% and circulation revenue decreased 3.1%. Home delivery revenue fell by $4.4 million and single copy revenue fell $1.1 million, while digital subscription revenue increased $2.6 million. There were no consensus analyst estimates for losses or reve...
Shares of Tribune Publishing (NASDAQ:TPCO) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share decreased 1200.00% year over year to ($0.99), which may not compare to the estimate of $0.01.Revenue of $216,485,000 declined by 11.47% from the same period last year, which beat the estimate of $214,320,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Details Of The Call Date: Jun 05, 2020View more earnings on TPCOTime: 08:30 AMET Webcast URL: https://edge.media-server.com/mmc/p/vioikbw6Recent Stock Performance 52-week high: $13.8652-week low: $4.91Price action over last quarter: down 3.32%Company Description Tribune Publishing Co is a print and o...