Last Updated: 13 Sep 2024
Executive Summary
Thomson Reuters Corp (TRI) is a leading provider of business information services, with a market capitalization of $78.1 billion. The company has a strong financial position, with an EBITDA of $2.09 billion and a profit margin of 33.7%. TRI's stock price is currently trading at $173.76, which is within its 52-week range of $116.16 to $175.88. The company is expected to continue to grow in the long term, driven by its strong market position and its focus on innovation.
Company Overview
Thomson Reuters Corp is a global provider of business information services. The company's products and services include financial data, news, analytics, and compliance tools. TRI serves a wide range of customers, including financial institutions, corporations, and governments. The company has a strong global presence, with operations in over 100 countries.
Fundamental Analysis
TRI's financial performance has been strong in recent years. The company's revenue has grown at a compound annual rate of 4.5% over the past five years. TRI's earnings per share have also grown at a compound annual rate of 5.0% over the past five years. The company's profit margin has remained stable at around 33%.
TRI has a strong balance sheet. The company has a debt-to-equity ratio of 0.4, which is below the industry average. TRI also has a large amount of cash on hand, which gives it the flexibility to invest in new growth opportunities.
Technical Analysis
TRI's stock price has been trending higher in recent months. The stock is currently trading above its 50-day moving average and its 200-day moving average. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is in a bullish trend.
Short Term Outlook
TRI's stock price is expected to continue to rise in the short term. The company's strong financial performance and its positive technical indicators suggest that the stock is in a bullish trend. TRI's stock price is currently trading at a discount to its analyst target price of $167.73. This suggests that there is still room for the stock to rise in the short term.
Long Term Outlook
TRI is expected to continue to grow in the long term. The company's strong market position and its focus on innovation are expected to drive growth in the years to come. TRI's stock price is expected to rise in the long term, as the company continues to grow its business.
Analyst Recommendations
The majority of analysts have a buy rating on TRI's stock. The average analyst target price is $167.73. This suggests that analysts believe that TRI's stock is undervalued and has room to rise in the future.
