Tribune Media Jumps 10%

Randall Craig
March 2, 2017

Shares of Tribune Media are up less than 1% in the trailing 12-month period, underperforming Sinclair, up more than 26% and the S&P 500 index, which is up more than 20% during the same time frame.

The company reported its EPS on 11/09/2016. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Analyst had a consensus of $0.52.

The biggest U.S. TV station group, Sinclair Broadcast Group, looks to get bigger in a possible deal for another big TV station group - Tribune Media - according to one report. During the same quarter in the prior year, the company earned $0.63 earnings per share. This shows a surprise factor of -5.9%. Zacks Investment Research raised shares of Tribune Media Company from a "strong sell" rating to a "hold" rating in a research note on Wednesday, January 11th. The company had revenue of $518.07 million for the quarter, compared to analysts expectations of $548.87 million.

It is widely believed that the more practical proxy for the market's expectations is analyst's consensus price estimates. "Consolidated revenues grew 8% and consolidated Adjusted EBITDA was up 21% over past year, driven by strong political advertising revenue and solid growth in retransmission and carriage fee revenues". Aperio Group LLC increased its stake in shares of Tribune Media Company by 2.0% in the third quarter. The stock has a quick ratio of 5.50 and a current ratio of 7.30. For the Next fiscal year, the estimate is $1.54 based on the consensus.

The Company got Downgrade by Morgan Stanley on 1-Jun-16 from Equal-Weight to Underweight.

Recently, Tribune Media President/Chief Executive Officer Peter Liguori announced that he would be leaving the company.

1 Insider Sales transactions were made totaling 4620040 shares traded. This is a boost from Tribune Media Company's previous special dividend of $0.25. The mean PT for this stock is at $35.40 while the max. level suggested by the brokerage firms is $54.00 and min. PT is $27.00. Sinclair owns, operates or provides services to 173 television stations in 81 markets. The stock has an operating margin of 15.30% and a net profit margin of 0.30% This appreciation has taken its price 39.18% above the 52-week low. Tribune Media had a positive return on equity of 4.27% and a negative net margin of 18.26%. The company has Beta Value of 1.81 and ATR value of 0.73. To measure price-variation, we found TRCO's volatility during a week at 3.08% and during a month it has been found around 2.46%.

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