Thomson Reuters (NASDAQ:TRI) Receives "Hold (C+)" Rating from Weiss Ratings

Key Points

• Thomson Reuters' stock has been assigned a "hold (C+)" rating by Weiss Ratings, while other analysts have recently upgraded it to a "buy" or "strong-buy" rating.
• The company's stock price is currently at $151.70, with a market capitalization of approximately $68.11 billion.
• Thomson Reuters reported an earnings per share (EPS) of $0.87 for its last quarter, exceeding analysts' expectations of $0.83.

Thomson Reuters (NASDAQ:TRI - Get Free Report)'s stock had its "hold (c+)" rating reissued by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

Other research analysts also recently issued reports about the stock. TD Securities upgraded shares of Thomson Reuters from a "hold" rating to a "buy" rating in a research note on Thursday, August 28th. Wells Fargo & Company upgraded shares of Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 9th. Cibc World Mkts upgraded shares of Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 19th. Wall Street Zen downgraded shares of Thomson Reuters from a "hold" rating to a "sell" rating in a research report on Friday, September 5th. Finally, Scotiabank upgraded shares of Thomson Reuters from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 6th. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, Thomson Reuters currently has an average rating of "Buy".

Thomson Reuters Stock Performance

Shares of TRI stock traded up $0.16 on Wednesday, hitting $151.70. The stock had a trading volume of 973,520 shares, compared to its average volume of 1,446,829. Thomson Reuters has a 52-week low of $149.88 and a 52-week high of $218.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.79 and a quick ratio of 0.79. The stock has a market capitalization of $68.11 billion, a price-to-earnings ratio of 41.91, a price-to-earnings-growth ratio of 4.92 and a beta of 0.74. The business has a 50 day simple moving average of $170.12.

Thomson Reuters (NASDAQ:TRI - Get Free Report) last posted its quarterly earnings data on Wednesday, August 6th. The company reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.04. Thomson Reuters had a net margin of 22.34% and a return on equity of 14.04%. The firm had revenue of $1.79 billion for the quarter, compared to the consensus estimate of $1.79 billion.

Thomson Reuters Company Profile

Thomson Reuters Corporation provides business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

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