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What do the Fundamentals Predict for GANNETT CO INC. Common Stock (TGNA) Stock?

Tuesday, July 27, 2021 02:06 PM | InvestorsObserver Analysts

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What do the Fundamentals Predict for GANNETT CO INC. Common Stock (TGNA) Stock?

InvestorsObserver gives GANNETT CO INC. Common Stock (TGNA) a strong valuation score of 90 from its analysis. The proprietary scoring system considers the underlying health of a company by analyzing its stock price, earnings, and growth rate. TGNA currently holds a better value than 90% of stocks based on these metrics. Long term investors focused on buying-and-holding should find the valuation ranking system most relevant when making investment decisions.

Valuation Rank - 90
TGNA gets a 90 Valuation Rank today. Find out what this means to you and get the rest of the rankings on TGNA!

Metrics Analysis

TGNA has a trailing twelve month Price to Earnings (PE) ratio of 7.6. The historical average of roughly 15 shows a good value for TGNA stock as investors are paying lower share prices relative to the company's earnings. TGNA's low trailing PE ratio shows that the firm has been trading below its fair market value recently. Its trailing 12-month earnings per share (EPS) of 2.31 more than justifies the stock's current price. However, trailing PE ratios do not factor in the company's projected growth rate, resulting in many newer firms having high PE ratios due to high growth potential enticing investors despite inadequate earnings. TGNA's 12-month-forward PE to Growth (PEG) ratio of 0.85 is considered a roughly average value as the market is valuing TGNA right in line with its projected earnings growth. TGNA's PEG comes from its forward price to earnings ratio being divided by its growth rate. A PEG ratio of 1 represents a perfect correlation between earnings growth and share price. Due to their incorporation of more fundamentals of a company's overall health and focusing on the future rather than the past, PEG ratios are one of the most used valuation metrics by analysts today.

Summary

TGNA' has a adequate valuation at its current share price on account of a fairly valued PEG ratio due to strong growth. TGNA's PE and PEG are around the market average leading to a average valuation score. Click Here to get the full Report on GANNETT CO INC. Common Stock (TGNA) stock.

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