For its third fiscal quarter (ending September 30), Thomson Reuters Corp (NYSE: TRI) has reported a -25% decline in E.P.S. from $0.81 a year ago to $0.61 in the current quarter. E.P.S. were $4.94 for the latest four quarters through September 30 versus $4.65 for the same period a year ago — an increase of 6%.
Recent Price Action
Thomson Reuters Corp (NYSE: TRI) stock enjoyed a large increase of 3.7% on 11/5/24. The stock closed at $171.14. Moreover, exceptionally high trading volume at 381% of normal accompanied the advance. The stock has risen 2.8% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TRI is expected to continue to be a major Value Builder.
Thomson Reuters has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Thomson Reuters has a very low Appreciation Score of 10 but a neutral Power Rating of 58, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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