In yesterday’s Wall Street session, Thomson-Reuters Corp (NYSE:TRI) shares traded at $166.63, down -0.35% from the previous session.
TRI stock price is now 1.88% away from the 50-day moving average and 13.60% away from the 200-day moving average. The market capitalization of the company currently stands at $75.07B.
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On March 14, 2024, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $150 to quote $180, while ‘UBS’ rates the stock as ‘Buy’
A total of 69.68% of the company’s stock is owned by insiders.
During the past 12 months, Thomson-Reuters Corp has had a low of $117.46 and a high of $176.03. As of last week, the company has a debt-to-equity ratio of 0.37, a current ratio of 0.97, and a quick ratio of 0.97. According to the stock market information, the enterprise value for the company is $77247905792, which is based on a 31.76 price-to-earnings ratio, a 3.87 price-to-earnings-growth ratio, and a beta of 0.72. The fifty day moving average price for TRI is $163.8006 and a two-hundred day moving average price translates $146.8724 for the stock.
The latest earnings results from Thomson-Reuters Corp (NYSE: TRI) was released for 2024-03-31. The net profit margin was 34.79% and return on equity was 20.21% for TRI. The company reported revenue of $1.89 billion for the quarter, compared to $1.74 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 8.46 percent.
