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TEGNA (TGNA) Competitors

TEGNA logo
$18.87 +0.16 (+0.86%)
(As of 03:52 PM ET)

TGNA vs. PARA, NXST, SBGI, TV, GTN.A, GTN, EVC, SSP, FENG, and FOXA

Should you be buying TEGNA stock or one of its competitors? The main competitors of TEGNA include Paramount Global (PARA), Nexstar Media Group (NXST), Sinclair (SBGI), Grupo Televisa, S.A.B. (TV), Gray Television (GTN.A), Gray Television (GTN), Entravision Communications (EVC), E.W. Scripps (SSP), Phoenix New Media (FENG), and FOX (FOXA). These companies are all part of the "television broadcasting stations" industry.

TEGNA vs.

Paramount Global (NASDAQ:PARA) and TEGNA (NYSE:TGNA) are both mid-cap consumer discretionary companies, but which is the better investment? We will compare the two businesses based on the strength of their community ranking, risk, dividends, profitability, earnings, analyst recommendations, institutional ownership, valuation and media sentiment.

Paramount Global presently has a consensus target price of $12.43, suggesting a potential upside of 10.77%. TEGNA has a consensus target price of $19.00, suggesting a potential upside of 0.48%. Given Paramount Global's higher possible upside, equities research analysts clearly believe Paramount Global is more favorable than TEGNA.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paramount Global
7 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
1.76
TEGNA
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

In the previous week, Paramount Global had 17 more articles in the media than TEGNA. MarketBeat recorded 25 mentions for Paramount Global and 8 mentions for TEGNA. TEGNA's average media sentiment score of 1.39 beat Paramount Global's score of 0.64 indicating that TEGNA is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paramount Global
11 Very Positive mention(s)
3 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
TEGNA
6 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

73.0% of Paramount Global shares are owned by institutional investors. Comparatively, 92.2% of TEGNA shares are owned by institutional investors. 0.6% of Paramount Global shares are owned by company insiders. Comparatively, 0.9% of TEGNA shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Paramount Global has a beta of 1.71, suggesting that its share price is 71% more volatile than the S&P 500. Comparatively, TEGNA has a beta of 0.52, suggesting that its share price is 48% less volatile than the S&P 500.

TEGNA received 433 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 62.76% of users gave TEGNA an outperform vote while only 14.86% of users gave Paramount Global an outperform vote.

CompanyUnderperformOutperform
Paramount GlobalOutperform Votes
22
14.86%
Underperform Votes
126
85.14%
TEGNAOutperform Votes
455
62.76%
Underperform Votes
270
37.24%

TEGNA has lower revenue, but higher earnings than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than TEGNA, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paramount Global$29.65B0.25-$608M-$8.22-1.36
TEGNA$2.91B1.05$476.72M$2.836.68

Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.8%. TEGNA pays an annual dividend of $0.50 per share and has a dividend yield of 2.6%. Paramount Global pays out -2.4% of its earnings in the form of a dividend. TEGNA pays out 17.7% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

TEGNA has a net margin of 16.75% compared to Paramount Global's net margin of -18.89%. TEGNA's return on equity of 14.49% beat Paramount Global's return on equity.

Company Net Margins Return on Equity Return on Assets
Paramount Global-18.89% 5.81% 2.33%
TEGNA 16.75%14.49%5.70%

Summary

TEGNA beats Paramount Global on 14 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TGNA vs. The Competition

MetricTEGNATelevision broadcasting stations IndustryDiscretionary SectorNYSE Exchange
Market Cap$3.05B$5.83B$8.51B$20.15B
Dividend Yield2.66%3.63%2.69%3.47%
P/E Ratio6.6810.8318.2443.29
Price / Sales1.050.8918.6518.13
Price / Cash7.645.5115.5018.56
Price / Book1.381.175.585.67
Net Income$476.72M$74.45M$265.61M$985.83M
7 Day Performance1.94%1.41%3.38%-1.02%
1 Month Performance0.42%0.90%2.21%0.92%
1 Year Performance22.87%-0.50%15.28%23.35%

TEGNA Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TGNA
TEGNA
1.9066 of 5 stars
$18.87
+0.9%
$19.00
+0.7%
+21.6%$3.04B$2.91B6.676,200Positive News
PARA
Paramount Global
1.6594 of 5 stars
$10.99
+1.7%
$12.43
+13.1%
-33.7%$7.33B$29.65B0.0021,900
NXST
Nexstar Media Group
4.8159 of 5 stars
$169.32
-0.5%
$204.29
+20.7%
+12.7%$5.25B$4.93B9.8413,294
SBGI
Sinclair
4.3805 of 5 stars
$17.78
-1.7%
$20.10
+13.0%
+32.1%$1.18B$3.13B0.007,300News Coverage
TV
Grupo Televisa, S.A.B.
3.7773 of 5 stars
$1.98
flat
$5.25
+165.2%
-38.7%$1.10B$4.16B0.0032,932News Coverage
GTN.A
Gray Television
N/A$6.52
-1.7%
N/A-28.5%$649.85M$3.28B4.338,610High Trading Volume
GTN
Gray Television
4.9049 of 5 stars
$4.09
-0.2%
$6.67
+63.0%
-51.9%$407.65M$3.28B2.739,923
EVC
Entravision Communications
1.3379 of 5 stars
$2.60
+9.7%
N/A-40.8%$233.97M$1.11B-2.081,657Positive News
SSP
E.W. Scripps
3.6159 of 5 stars
$2.33
+3.1%
$5.75
+146.8%
-69.7%$201.22M$2.29B-0.735,200
FENG
Phoenix New Media
0.3689 of 5 stars
$2.49
+2.5%
N/A+77.2%$30.10M$97.47M0.001,240Analyst Forecast
News Coverage
FOXA
FOX
3.2343 of 5 stars
$47.00
+0.8%
$44.00
-6.4%
+54.4%$21.47B$13.98B11.4910,200Positive News

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This page (NYSE:TGNA) was last updated on 12/10/2024 by MarketBeat.com Staff
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