Key Points
- Director Peter Thomson purchased 108 shares on December 15 at C$185.33 each (C$20,015.64 total), increasing his holding to 1,715 shares — a 6.72% rise in his position valued at C$317,840.95.
- Analysts give Thomson Reuters a consensus Strong Buy rating with an average price target of C$265.80; the stock recently traded near C$181–C$185, has a 12‑month range of C$177–C$299, a P/E of ~46.6 and a market cap of C$80.6B.
Thomson Reuters Co. (TSE:TRI - Get Free Report) (NYSE:TRI) Director Peter Thomson acquired 108 shares of the stock in a transaction on Monday, December 15th. The shares were bought at an average price of C$185.33 per share, with a total value of C$20,015.64. Following the purchase, the director directly owned 1,715 shares of the company's stock, valued at C$317,840.95. The trade was a 6.72% increase in their position.
Thomson Reuters Stock Performance
Shares of TRI opened at C$181.23 on Friday. Thomson Reuters Co. has a 12 month low of C$177.00 and a 12 month high of C$299.24. The business's fifty day simple moving average is C$199.54 and its two-hundred day simple moving average is C$234.57. The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 24.28. The company has a market cap of C$80.62 billion, a price-to-earnings ratio of 46.59, a P/E/G ratio of 3.64 and a beta of 0.20.
Thomson Reuters (TSE:TRI - Get Free Report) (NYSE:TRI) last issued its earnings results on Tuesday, November 4th. The company reported C$0.85 earnings per share (EPS) for the quarter. Thomson Reuters had a net margin of 32.12% and a return on equity of 20.19%. The company had revenue of C$2.48 billion for the quarter. Research analysts anticipate that Thomson Reuters Co. will post 5.6395803 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have weighed in on TRI. Huber Research upgraded Thomson Reuters to a "strong-buy" rating in a research note on Monday, October 20th. Canaccord Genuity Group upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a report on Wednesday, November 5th. Wells Fargo & Company upgraded Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 9th. TD Securities upgraded shares of Thomson Reuters from a "hold" rating to a "buy" rating and upped their price target for the stock from C$275.00 to C$285.00 in a report on Thursday, August 28th. Finally, The Goldman Sachs Group raised Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 15th. Six research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Strong Buy" and an average price target of C$265.80.
Get Our Latest Analysis on Thomson Reuters
About Thomson Reuters
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Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE.
Further Reading
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