Media stories about Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Thomson Reuters Corp earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave news articles about the business services provider an impact score of 46.2992685817292 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
Shares of Thomson Reuters Corp (TRI) opened at 47.36 on Friday. The company has a market capitalization of $33.85 billion, a PE ratio of 11.63 and a beta of 0.75. Thomson Reuters Corp has a 12-month low of $39.39 and a 12-month high of $48.61. The firm’s 50-day moving average price is $46.24 and its 200-day moving average price is $45.38.
Thomson Reuters Corp (NYSE:TRI) (TSE:TRI) last released its quarterly earnings data on Tuesday, August 1st. The business services provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.09. The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.78 billion. Thomson Reuters Corp had a net margin of 26.81% and a return on equity of 13.64%. The firm’s revenue was up .5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.50 earnings per share. On average, analysts expect that Thomson Reuters Corp will post $2.45 EPS for the current fiscal year.
Several research firms recently commented on TRI. Zacks Investment Research lowered Thomson Reuters Corp from a “buy” rating to a “hold” rating in a research note on Wednesday, October 4th. Royal Bank Of Canada set a $45.00 price target on Thomson Reuters Corp and gave the company a “hold” rating in a research report on Thursday, July 27th. Scotiabank increased their target price on Thomson Reuters Corp from $45.00 to $47.00 and gave the stock a “sector perform” rating in a research report on Wednesday, August 2nd. Piper Jaffray Companies reissued a “hold” rating and issued a $50.00 target price on shares of Thomson Reuters Corp in a research report on Tuesday, September 19th. Finally, Berenberg Bank set a $37.00 target price on Thomson Reuters Corp and gave the stock a “sell” rating in a research report on Thursday, October 5th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $51.92.
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About Thomson Reuters Corp
Thomson Reuters Corporation (Thomson Reuters) is a Canada-based provider of news and information for professional markets. The Company is organized in three business units: Financial & Risk, Legal, and Tax & Accounting. The Financial & Risk unit is a provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals.
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