TEGNA Statistics

Share Statistics

TEGNA has 160.72M shares outstanding. The number of shares has increased by -2.85% in one year.

Shares Outstanding	160.72M
Shares Change (YoY)	-2.85%
Shares Change (QoQ)	0.52%
Owned by Institutions (%)	95.5%
Shares Floating	158.82M
Failed to Deliver (FTD) Shares	5,960
FTD / Avg. Volume	0.43%

Short Selling Information

The latest short interest is 6.38M, so 3.97% of the outstanding shares have been sold short.

Short Interest	6.38M
Short % of Shares Out	3.97%
Short % of Float	6%
Short Ratio (days to cover)	5.26

Valuation Ratios

The PE ratio is 5.14 and the forward PE ratio is 4.78. TEGNA's PEG ratio is 0.09.

PE Ratio	5.14
Forward PE	4.78
PS Ratio	0.99
Forward PS	1
PB Ratio	1.03
P/FCF Ratio	4.87
PEG Ratio	0.09

Financial Ratio History

Enterprise Valuation

TEGNA has an Enterprise Value (EV) of 5.53B.

EV / Sales	1.78
EV / EBITDA	5.24
EV / EBIT	8.07
EV / FCF	8.74

Financial Position

The company has a current ratio of 2.92, with a Debt / Equity ratio of 1.04.

Current Ratio	2.92
Quick Ratio	2.92
Debt / Equity	1.04
Debt / EBITDA	2.97
Debt / FCF	4.96
Interest Coverage	4.64

Financial Efficiency

Return on Equity is 19.96% and Return on Invested Capital is 8.87%.

Return on Equity	19.96%
Return on Assets	8.19%
Return on Invested Capital	8.87%
Revenue Per Employee	$525.76K
Profits Per Employee	$101.66K
Employee Count	5,900
Asset Turnover	0.42
Inventory Turnover	n/a

Taxes

Income Tax	173.94M
Effective Tax Rate	22.5%

Stock Price Statistics

The stock price has increased by 47.66% in the last 52 weeks. The beta is 0.29, so TEGNA's price volatility has been higher than the market average.

Beta	0.29
52-Week Price Change	47.66%
50-Day Moving Average	16.7
200-Day Moving Average	17.41
Relative Strength Index (RSI)	33.15
Average Volume (20 Days)	1,393,348

Income Statement

In the last 12 months, TEGNA had revenue of 3.1B and earned 599.82M in profits. Earnings per share was 3.55.

Revenue	3.1B
Gross Profit	1.35B
Operating Income	784.78M
Net Income	599.82M
EBITDA	1.06B
EBIT	942.23M
Earnings Per Share (EPS)	3.55

Full Income Statement

Balance Sheet

The company has 693.21M in cash and 3.14B in debt, giving a net cash position of -2.45B.

Cash & Cash Equivalents	693.21M
Total Debt	3.14B
Net Cash	-2.45B
Retained Earnings	8.55B
Total Assets	7.3B
Working Capital	393.39M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 684.97M and capital expenditures -52.44M, giving a free cash flow of 632.53M.

Operating Cash Flow	684.97M
Capital Expenditures	-52.44M
Free Cash Flow	632.53M
FCF Per Share	3.76

Full Cash Flow Statement

Margins

Gross margin is 43.39%, with operating and profit margins of 25.3% and 19.34%.

Gross Margin	43.39%
Operating Margin	25.3%
Pretax Margin	24.92%
Profit Margin	19.34%
EBITDA Margin	34.04%
EBIT Margin	25.3%
FCF Margin	20.39%

Dividends & Yields

TGNA pays an annual dividend of $0.62, which amounts to a dividend yield of 3.05%.

Dividend Per Share	$0.62
Dividend Yield	3.05%
Dividend Growth (YoY)	9.89%
Payout Ratio	22.73%
Earnings Yield	19.47%
FCF Yield	20.53%

Dividend Details

Analyst Forecast

The average price target for TGNA is $21, which is 5.6% higher than the current price. The consensus rating is "Buy".

Price Target	$21
Price Target Difference	5.6%
Analyst Consensus	Buy
Analyst Count	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$35.64
Lynch Upside	79.19%
Graham Number	37.81
Graham Upside	90.1%

Stock Splits

The last stock split was on Jun 1, 2017. It was a forward split with a ratio of 25:16.

Last Split Date	Jun 1, 2017
Split Type	forward
Split Ratio	25:16

Scores

Altman Z-Score	2.73
Piotroski F-Score	7

TEGNA Inc. (TGNA)