Latest news with #TGNA
Yahoo
3 days ago
- Business
- Yahoo
1 Surging Stock with Exciting Potential and 2 That Underwhelm
Exciting developments are taking place for the stocks in this article. They've all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. Keeping that in mind, here is one stock we think lives up to the hype and two not so much. Two Momentum Stocks to Sell: TEGNA (TGNA) One-Month Return: +23.2% Spun out of Gannett in 2015, TEGNA (NYSE:TGNA) is a media company operating a network of television stations and digital platforms, focusing on local news and community content. Why Do We Avoid TGNA? Sales tumbled by 2.5% annually over the last two years, showing consumer trends are working against its favor Sales are projected to tank by 8.5% over the next 12 months as its demand continues evaporating Projected 4.5 percentage point decline in its free cash flow margin next year reflects the company's plans to increase its investments to defend its market position At $20.60 per share, TEGNA trades at 11x forward P/E. To fully understand why you should be careful with TGNA, check out our full research report (it's free). Simpson (SSD) One-Month Return: +17.5% Aiming to build safer and stronger buildings, Simpson (NYSE:SSD) designs and manufactures structural connectors, anchors, and other construction products. Why Are We Wary of SSD? 2.6% annual revenue growth over the last two years was slower than its industrials peers Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 10.7 percentage points Shrinking returns on capital suggest that increasing competition is eating into the company's profitability Simpson's stock price of $187.04 implies a valuation ratio of 22.1x forward P/E. If you're considering SSD for your portfolio, see our FREE research report to learn more. One Momentum Stock to Watch: Montrose (MEG) One-Month Return: +25.8% Founded to protect a tree-lined two-lane road, Montrose (NYSE:MEG) provides air quality monitoring, environmental laboratory testing, compliance, and environmental consulting services. Why Are We Positive On MEG? Annual revenue growth of 18% over the past two years was outstanding, reflecting market share gains this cycle Performance over the past two years shows its incremental sales were extremely profitable, as its annual earnings per share growth of 132% outpaced its revenue gains Free cash flow margin jumped by 12.3 percentage points over the last five years, giving the company more resources to pursue growth initiatives, repurchase shares, or pay dividends Montrose is trading at $27.61 per share, or 20.2x forward EV-to-EBITDA. Is now the right time to buy? Find out in our full research report, it's free. Stocks We Like Even More Trump's April 2025 tariff bombshell triggered a massive market selloff, but stocks have since staged an impressive recovery, leaving those who panic sold on the sidelines. Take advantage of the rebound by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
11-08-2025
- Business
- Yahoo
Why TEGNA (TGNA) Stock Is Trading Up Today
What Happened? Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 29.2% in the morning session after reports that rival broadcaster Nexstar Media Group is in advanced talks to acquire the company. This potential acquisition comes as the U.S. television broadcasting industry grapples with challenges from shifting consumer habits and increased competition for advertising dollars. The deal would unite Nexstar, the largest U.S. television station owner, with Tegna's 64 stations, in a strategic move to gain scale. This consolidation is seen as more likely due to potential deregulation at the Federal Communications Commission (FCC), which could loosen media ownership rules. The move is also indicative of a broader trend in the sector, as other broadcasters engage in acquisitions to operate more effectively in the current economic climate. Is now the time to buy TEGNA? Access our full analysis report here, it's free. What Is The Market Telling Us TEGNA's shares are not very volatile and have only had 8 moves greater than 5% over the last year. Moves this big are rare for TEGNA and indicate this news significantly impacted the market's perception of the business. The previous big move we wrote about was 19 days ago when the stock gained 3.4% on the news that the United States and Japan reached a new trade agreement. The television broadcasting company's stock rose in the absence of any specific company news or press releases. Instead, the upward move appeared tied to positive sentiment across the wider market. Investor optimism was fueled by the announcement of a new trade deal between the U.S. and Japan, which spurred a rally across major U.S. equity indexes, including the S&P 500 and the Dow Jones Industrial Average. This favorable macroeconomic backdrop often lifts individual stocks as overall market risk appetite increases. TEGNA is up 6.3% since the beginning of the year, and at $19.97 per share, has set a new 52-week high. Investors who bought $1,000 worth of TEGNA's shares 5 years ago would now be looking at an investment worth $1,614. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Sign in to access your portfolio
Yahoo
08-08-2025
- Business
- Yahoo
Tegna Inc (TGNA) Q2 2025 Earnings Call Highlights: Navigating Revenue Declines with Strategic ...
Total Revenue: Decreased 5% year over year to $675 million. Advertising and Marketing Services (AMS) Revenue: Declined 4% year over year to $288 million. Distribution Revenue: Flat year over year at $370 million. Non-GAAP Expenses: Decreased 3% year over year. Adjusted EBITDA: Decreased 14% year over year to $151 million. Dividends Paid: $20 million in the second quarter. Cash and Cash Equivalents: Totaled $757 million at quarter end. Net Leverage: Finished at 2.8 times. Adjusted Free Cash Flow Guidance: $900 million to $1.1 billion over 2024-2025. Interest Expense Guidance: Lowered to $160 million to $165 million for 2025. Q3 Revenue Guidance: Expected to decline 18% to 20% year over year. Q3 Non-GAAP Operating Expenses Guidance: Expected to decline 2% to 3% year over year. Warning! GuruFocus has detected 4 Warning Signs with TGNA. Release Date: August 07, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Tegna Inc (NYSE:TGNA) exceeded financial expectations for Q2 2025, primarily due to lower operating expenses. The company is making significant progress in cost-cutting initiatives, achieving 80% of their target for $90 million to $100 million in annualized core non-programming savings. Tegna Inc (NYSE:TGNA) is experiencing strong double-digit growth in its owned and operated digital products for the third consecutive quarter. The company is leveraging technology, automation, and AI to enhance productivity and reduce costs, particularly in areas like transcription and video editing. Tegna Inc (NYSE:TGNA) has a strong balance sheet and is well-positioned to invest in growth opportunities, including potential deregulation benefits. Negative Points Total company revenue for Q2 2025 decreased by 5% year over year, primarily due to lower political advertising revenue and softer advertising and marketing services. Advertising and marketing services revenue declined 4% year over year, reflecting ongoing macroeconomic headwinds and softening consumer confidence. The exit of Gray Media from its equity position in Premion negatively impacted year-over-year AMS comparisons by approximately 200 basis points. Distribution revenue was flat year over year due to subscriber declines, despite contractual rate increases. Tegna Inc (NYSE:TGNA) expects total company revenue to decline 18% to 20% year over year in Q3 2025, due to the cyclical nature of the business and the absence of significant political and Summer Olympic advertising. Q & A Highlights Q: Mike, given NBC's shift to Peacock and scrutiny from Chairman Carr, do you anticipate any changes in your deal structure with NBC? Also, what is your approach to M&A given your current business reorganization? A: Michael Steib, President, CEO: We value our network partnerships and approach them constructively, focusing on preserving the linear bundle. Regarding M&A, we believe deregulation is coming and will create significant opportunities. We are open to being a buyer or seller, depending on the opportunities, and are disciplined in our approach. Q: Can you provide examples of how TEGNA is using AI and technology to reduce costs? A: Michael Steib, President, CEO: We focus on automating routine tasks like transcription and video editing, allowing journalists to focus on high-impact work. AI helps in identifying news stories and creating draft campaigns. Julie Heskett, CFO, added that technology is also reducing real estate costs by enabling smaller, more efficient station footprints. Q: What is your outlook for core advertising in the third quarter? A: Michael Steib, President, CEO: The economy is strong but uncertain, which affects advertising revenue. Advertisers tend to hold back during uncertainty but usually return. Julie Heskett, CFO, noted that Q3 faces tough comparisons due to the Olympics last year and changes in the Premion reseller partnership, but digital growth is positive. Q: Is the current M&A market more favorable for buyers or sellers? Also, are there any trends in reverse compensation agreements? A: Michael Steib, President, CEO: We have a strong balance sheet and assets, which positions us well in the market. We are exploring acquisition, swap, and sale opportunities. Julie Heskett, CFO, mentioned that programming fees are stabilizing, with opportunities for favorable terms in renewals. Q: How do advertisers view Premion after the reseller relationship change? A: Michael Steib, President, CEO: Premion is valuable to local advertisers, offering both TV and connected TV streaming with enhanced targeting. It complements our digital growth strategy, and we are exploring expansion opportunities. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-07-2025
- Business
- Yahoo
TEGNA (TGNA) Stock Trades Up, Here Is Why
What Happened? Shares of broadcasting and digital media company TEGNA (NYSE:TGNA) jumped 3.4% in the afternoon session after the United States and Japan reached a new trade agreement. The television broadcasting company's stock rose in the absence of any specific company news or press releases. Instead, the upward move appeared tied to positive sentiment across the wider market. Investor optimism was fueled by the announcement of a new trade deal between the U.S. and Japan, which spurred a rally across major U.S. equity indexes, including the S&P 500 and the Dow Jones Industrial Average. This favorable macroeconomic backdrop often lifts individual stocks as overall market risk appetite increases. After the initial pop the shares cooled down to $17.20, up 3.3% from previous close. Is now the time to buy TEGNA? Access our full analysis report here, it's free. What Is The Market Telling Us TEGNA's shares are not very volatile and have only had 7 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business. TEGNA is down 8.4% since the beginning of the year, and at $17.20 per share, it is trading 11% below its 52-week high of $19.32 from November 2024. Investors who bought $1,000 worth of TEGNA's shares 5 years ago would now be looking at an investment worth $1,469. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-06-2025
- Business
- Yahoo
Investing in TEGNA (NYSE:TGNA) five years ago would have delivered you a 75% gain
If you buy and hold a stock for many years, you'd hope to be making a profit. Furthermore, you'd generally like to see the share price rise faster than the market. But TEGNA Inc. (NYSE:TGNA) has fallen short of that second goal, with a share price rise of 55% over five years, which is below the market return. On a brighter note, more newer shareholders are probably rather content with the 20% share price gain over twelve months. Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). Over half a decade, TEGNA managed to grow its earnings per share at 16% a year. This EPS growth is higher than the 9% average annual increase in the share price. So one could conclude that the broader market has become more cautious towards the stock. The reasonably low P/E ratio of 5.77 also suggests market apprehension. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It might be well worthwhile taking a look at our free report on TEGNA's earnings, revenue and cash flow. As well as measuring the share price return, investors should also consider the total shareholder return (TSR). Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. In the case of TEGNA, it has a TSR of 75% for the last 5 years. That exceeds its share price return that we previously mentioned. This is largely a result of its dividend payments! It's nice to see that TEGNA shareholders have received a total shareholder return of 24% over the last year. That's including the dividend. That gain is better than the annual TSR over five years, which is 12%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. It's always interesting to track share price performance over the longer term. But to understand TEGNA better, we need to consider many other factors. Consider for instance, the ever-present spectre of investment risk. We've identified 2 warning signs with TEGNA , and understanding them should be part of your investment process. We will like TEGNA better if we see some big insider buys. While we wait, check out this free list of undervalued stocks (mostly small caps) with considerable, recent, insider buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.1% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
