tronc (NASDAQ:TRNC) is scheduled to release its earnings data after the market closes on Tuesday, February 20th. Analysts expect tronc to post earnings of $0.55 per share for the quarter.
Shares of tronc (NASDAQ:TRNC) opened at $20.09 on Tuesday. The firm has a market cap of $674.99, a P/E ratio of 28.30 and a beta of 1.74. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 4.98. tronc has a 12-month low of $10.80 and a 12-month high of $24.74.
Several analysts have recently weighed in on the stock. Noble Financial downgraded shares of tronc from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. They noted that the move was a valuation call. Zacks Investment Research upgraded shares of tronc from a “sell” rating to a “hold” rating in a research report on Tuesday, November 7th. BidaskClub downgraded shares of tronc from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, February 7th. ValuEngine upgraded shares of tronc from a “hold” rating to a “buy” rating in a research report on Friday, February 2nd. Finally, Sidoti assumed coverage on shares of tronc in a research report on Wednesday, January 17th. They set a “buy” rating and a $25.00 price objective for the company. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus target price of $21.50.
tronc, Inc, formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia.
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