About tronc (NASDAQ:TRNC)
tronc, Inc., formerly Tribune Publishing Company, is a media company. As of December 25, 2016, the Company operated over 150 titles in nine markets. Its portfolio of news and information brands are in markets, including Los Angeles and San Diego, California; Chicago, Illinois; Fort Lauderdale and Orlando, Florida; Baltimore, Maryland; Hartford, Connecticut; Allentown, Pennsylvania, and Newport News, Virginia. The Company also offers an array of customized marketing solutions, and publishes a number of niche products, including Hoy and El Sentinel. troncM's media groups include the Chicago Tribune Media Group, the Los Angeles Times Media Group, the San Diego Media Group, the Sun Sentinel Media Group, the Orlando Sentinel Media Group, The Baltimore Sun Media Group, the Morning Call Media Group and the Daily Press Media Group. troncX consists of the Company's digital revenues and related digital expenses from more than 130 digital platforms online and mobile applications.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Newspaper Publishing
- Sub-Industry: N/A
- Symbol: NASDAQ:TRNC
- CUSIP: N/A
- Web: www.tronc.com
- Market Cap: $495.37 million
- Outstanding Shares: 32,893,000
- 50 Day Moving Avg: $14.44
- 200 Day Moving Avg: $13.36
- 52 Week Range: $8.76 - $17.09
Sales & Book Value:
- Trailing P/E Ratio: 42.86
- Foreward P/E Ratio: -33.47
- P/E Growth: 0.00
- Annual Revenue: $1.54 billion
- Price / Sales: 0.32
- Book Value: $1.97 per share
- Price / Book: 7.64
- EBITDA: $125.61 million
- Net Margins: 0.83%
- Return on Equity: 63.98%
- Return on Assets: 6.08%
- Debt-to-Equity Ratio: 5.24%
- Current Ratio: 1.57%
- Quick Ratio: 1.54%
- Average Volume: 91,425 shs.
- Beta: 1.74
- Short Ratio: 5.27
Frequently Asked Questions for tronc (NASDAQ:TRNC)
What is tronc's stock symbol?
tronc trades on the NASDAQ under the ticker symbol "TRNC."
How were tronc's earnings last quarter?
tronc, Inc. (NASDAQ:TRNC) released its earnings results on Wednesday, August, 2nd. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.01 by $0.35. The company had revenue of $369.79 million for the quarter, compared to analysts' expectations of $375.05 million. tronc had a net margin of 0.83% and a return on equity of 63.98%. View tronc's Earnings History.
When will tronc make its next earnings announcement?
Who are some of tronc's key competitors?
Some companies that are related to tronc include Cresud S.A.C.I.F. y A. (CRESY), Dean Foods Company (DF), e.l.f. Beauty (ELF), SunOpta (STKL), Medifast (MED), Calyxt (CLXT), SuperValu (SVU), Amplify Snack Brands, inc. (BETR), The Chefs' Warehouse (CHEF), Freshpet (FRPT), Smart (SFS), Omega Protein Corporation (OME), Carriage Services (CSV), Landec Corporation (LNDC), Craft Brew Alliance (BREW), Turning Point Brands (TPB), Primo Water Corporation (PRMW) and Limoneira Co (LMNR).
Who are tronc's key executives?
tronc's management team includes the folowing people:
- Justin C. Dearborn CPA, Chief Executive Officer, Director
- Terry Jimenez, Chief Financial Officer, Executive Vice President
- Timothy P. Knight, President - troncX
- Ross B. Levinsohn, Chief Executive Officer and Publisher - Los Angeles Times
- Cindy Ballard, Chief Human Resource Officer
- Julie K. Xanders, Executive Vice President, General Counsel, Secretary
- Michael W. Ferro Jr., Non-Executive Chairman of the Board
- Eddy W. Hartenstein, Director
- Carol Crenshaw, Independent Director
- David Dreier, Independent Director
How do I buy tronc stock?
Shares of tronc can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is tronc's stock price today?
MarketBeat Community Rating for tronc (NASDAQ TRNC)MarketBeat's community ratings are surveys of what our community members think about tronc and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of tronc stock can currently be purchased for approximately $15.06.
Consensus Ratings for tronc (NASDAQ:TRNC) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Buy Rating|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||N/A|Consensus Price Target History for tronc (NASDAQ:TRNC)
Analysts' Ratings History for tronc (NASDAQ:TRNC)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/7/2017||Noble Financial||Reiterated Rating||Buy||High|
|3/4/2016||Macquarie||Upgrade||Underperform -> Neutral||N/A|
Earnings History for tronc (NASDAQ:TRNC)Earnings History by Quarter for tronc (NASDAQ TRNC)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/2/2017||Q2 2017||$0.01||$0.36||$375.05 million||$369.79 million||View||Listen|
|2/22/2017||Q4 2016||$0.31||$0.53||$432.00 million||$425.42 million||View||Listen|
|11/1/2016||Q3||($0.15)||$0.22||$380.98 million||$378.24 million||View||Listen|
|5/4/2016||Q116||$0.25||$0.23||$395.51 million||$398.20 million||View||N/A|
|3/2/2016||Q415||$0.86||$1.34||$463.86 million||$462.00 million||View||N/A|
|11/5/2015||Q315||($0.07)||$0.12||$405.63 million||$404.00 million||View||N/A|
|8/11/2015||Q215||$0.32||$0.42||$405.96 million||$410.00 million||View||Listen|
|5/6/2015||Q115||$0.34||$0.10||$408.21 million||$396.00 million||View||N/A|
|3/4/2015||Q414||$0.83||$0.60||$446.38 million||$457.48 million||View||N/A|
|11/5/2014||Q314||$0.33||$424.00 million||$404.00 million||View||N/A|
Earnings Estimates for tronc (NASDAQ:TRNC)
Current Year EPS Consensus Estimate: $0.37 EPS
Next Year EPS Consensus Estimate: $-0.45 EPS
Dividend History by Quarter for tronc (NASDAQ TRNC)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for tronc (NASDAQ:TRNC)
Insider Ownership Percentage: 41.20%Insider Trades by Quarter for tronc (NASDAQ:TRNC)
Institutional Ownership Percentage: 36.05%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/23/2017||Tribune L.P. Oaktree||Major Shareholder||Sell||3,741,371||$15.00||$56,120,565.00|| |
|3/20/2017||Patrick Soon-Shiong||Director||Buy||2,950,000||$14.87||$43,866,500.00|| |
|3/20/2017||Tribune L.P. Oaktree||Major Shareholder||Sell||950,000||$14.60||$13,870,000.00|| |
|2/17/2017||Patrick Soon-Shiong||Director||Buy||14,137||$13.91||$196,645.67|| |
|12/23/2016||Merrick Venture Management, Ll||Major Shareholder||Buy||2,500,000||$15.00||$37,500,000.00|| |
|12/19/2016||Merrick Venture Management, Ll||Major Shareholder||Buy||8,494||$13.48||$114,499.12|| |
|12/15/2016||Michael W Ferro Jr||Director||Buy||16,700||$13.08||$218,436.00|| |
|12/8/2016||Patrick Soon-Shiong||Director||Buy||200||$13.49||$2,698.00|| |
|12/7/2016||Michael W Ferro Jr||Director||Buy||8,500||$13.42||$114,070.00|| |
|12/5/2016||Patrick Soon-Shiong||Director||Buy||33,905||$13.00||$440,765.00|| |
|12/1/2016||Patrick Soon-Shiong||Director||Buy||65,022||$12.85||$835,532.70|| |
|11/30/2016||Merrick Venture Management, Ll||Major Shareholder||Buy||26,175||$12.95||$338,966.25|| |
|11/28/2016||Michael W Ferro Jr||Director||Buy||42,126||$12.93||$544,689.18|| |
|11/23/2016||Patrick Soon-Shiong||Director||Buy||84,675||$12.92||$1,094,001.00|| |
|11/22/2016||Michael W Ferro Jr||Director||Buy||74,775||$12.71||$950,390.25|| |
|11/18/2016||Patrick Soon-Shiong||Director||Buy||64,585||$12.79||$826,042.15|| |
|11/17/2016||Michael W Ferro Jr||Director||Buy||94,449||$12.73||$1,202,335.77|| |
|11/14/2016||Michael W Ferro Jr||Director||Buy||50,717||$12.17||$617,225.89|| |
|11/10/2016||Patrick Soon-Shiong||Director||Buy||269,076||$11.29||$3,037,868.04|| |
|11/9/2016||Michael W Ferro Jr||Director||Buy||1,005,582||$11.19||$11,252,462.58|| |
|11/7/2016||Patrick Soon-Shiong||Director||Buy||31,349||$9.52||$298,442.48|| |
|6/13/2016||Patrick Soon-Shiong||Director||Buy||3,400||$12.93||$43,962.00|| |
|8/21/2015||Tony Hunter||CEO||Buy||5,000||$11.70||$58,500.00|| |
|8/18/2015||John H Griffin Jr||CEO||Buy||20,000||$11.26||$225,200.00|| |
|11/11/2014||John B Bode||CFO||Buy||3,000||$16.99||$50,970.00|| |
|11/11/2014||John H Griffin Jr||CEO||Buy||12,500||$16.97||$212,125.00|| |
Headline Trends for tronc (NASDAQ:TRNC)
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tronc (TRNC) Chart for Tuesday, October, 24, 2017