News articles about tronc (NASDAQ:TRNC) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. tronc earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news articles about the company an impact score of 46.513903701531 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of analysts have commented on TRNC shares. Zacks Investment Research upgraded shares of tronc from a “strong sell” rating to a “hold” rating in a research report on Friday, May 5th. TheStreet downgraded shares of tronc from a “c-” rating to a “d” rating in a report on Friday, May 26th. ValuEngine downgraded shares of tronc from a “buy” rating to a “hold” rating in a report on Friday, June 9th. Finally, Noble Financial reiterated a “buy” rating on shares of tronc in a report on Thursday, August 3rd.
tronc (TRNC) traded down 2.21% during mid-day trading on Friday, hitting $12.85. 92,480 shares of the company were exchanged. tronc has a 12-month low of $8.76 and a 12-month high of $17.93. The stock has a market cap of $422.68 million, a P/E ratio of 35.99 and a beta of 1.77. The company has a 50 day moving average of $12.88 and a 200 day moving average of $13.20.
tronc (NASDAQ:TRNC) last released its earnings results on Wednesday, August 2nd. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.35. tronc had a net margin of 0.83% and a return on equity of 63.98%. The company had revenue of $369.79 million for the quarter, compared to the consensus estimate of $375.05 million. On average, equities research analysts expect that tronc will post $0.81 earnings per share for the current fiscal year.
tronc Company Profile
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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