Thomson Reuters (NASDAQ:TRI) Stock Price Down 5.5% - Should You Sell?

Key Points

• Shares fell 5.5% on Tuesday to as low as $103.72 (last $105.35) on volume of 879,886 shares, a 69% drop from the average session volume and down from a prior close of $111.52.
• Analysts collectively rate TRI as a Buy (five Strong Buy, three Buy, one Hold) with an average price target of $186.00, and recent moves include an upgrade by Royal Bank of Canada.
• Fundamentals show a $45.98B market cap with a PE of 31.05 and PEG of 1.66; Thomson Reuters reported EPS of $1.07 (beat by $0.01) and revenue of $2.01B, while the stock trades below its 200‑day moving average ($136.07 vs 50‑day $108.80).

Thomson Reuters Corp (NASDAQ:TRI - Get Free Report) shares fell 5.5% on Tuesday . The stock traded as low as $103.72 and last traded at $105.3470. 879,886 shares traded hands during trading, a decline of 69% from the average session volume of 2,836,112 shares. The stock had previously closed at $111.52.

Wall Street Analyst Weigh In

TRI has been the subject of a number of research analyst reports. Weiss Ratings restated a "hold (c)" rating on shares of Thomson Reuters in a report on Monday, December 29th. Royal Bank Of Canada raised shares of Thomson Reuters from a "hold" rating to a "moderate buy" rating in a research report on Tuesday, February 10th. Five research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $186.00.

Thomson Reuters Price Performance

The business has a 50 day moving average of $108.80 and a 200 day moving average of $136.07. The company has a market cap of $45.98 billion, a PE ratio of 31.05, a price-to-earnings-growth ratio of 1.66 and a beta of 0.81. The company has a debt-to-equity ratio of 0.11, a current ratio of 0.64 and a quick ratio of 0.64.

Thomson Reuters (NASDAQ:TRI - Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.01. The company had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $2.01 billion. Thomson Reuters had a net margin of 20.09% and a return on equity of 14.51%.

About Thomson Reuters

Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real‐time journalism to media organizations worldwide.

Formed in 2008 through the merger of Canada's Thomson Corporation (founded in 1934) and the UK's Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.

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