Tribune Publishing Co (TPCO) Given Average Recommendation of “Strong Buy” by Brokerages
Tribune Publishing Co (NASDAQ:TPCO) has received an average broker rating score of 1.00 (Strong Buy) from the two analysts that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Analysts have set a one year consensus target price of $23.00 for the company and are expecting that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Tribune Publishing an industry rank of 109 out of 257 based on the ratings given to its competitors.
Shares of Tribune Publishing stock traded down $0.34 on Thursday, hitting $14.57. 22,596 shares of the company’s stock traded hands, compared to its average volume of 119,723. The stock has a market cap of $578.36 million, a P/E ratio of 13.49 and a beta of 1.69. Tribune Publishing has a 52-week low of $13.86 and a 52-week high of $24.74. The company has a current ratio of 1.22, a quick ratio of 1.17 and a debt-to-equity ratio of 0.02.
Tribune Publishing Company Profile
Tribune Publishing Company, a media company, publishes newspapers worldwide. The company operates in two segments, troncM and troncX. It publishes daily newspapers; weekly newspapers; and digital platforms, such as Websites and mobile applications. The company also provides various digital marketing services, which include the development of mobile Websites, search engine marketing and optimization, social media account management, and content marketing for its customers' Web presence for small to medium size businesses.
Further Reading: Stock Symbols, CUSIP and Other Stock Identifiers
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Tribune Publishing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tribune Publishing and related companies with MarketBeat.com's FREE daily email newsletter.