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TEGNA (TGNA) Competitors

TEGNA logo
$18.11 +0.23 (+1.29%)
(As of 11/20/2024 ET)

TGNA vs. PARA, NXST, TV, SBGI, 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), Grupo Televisa, S.A.B. (TV), Sinclair (SBGI), 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.

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

In the previous week, Paramount Global had 3 more articles in the media than TEGNA. MarketBeat recorded 14 mentions for Paramount Global and 11 mentions for TEGNA. TEGNA's average media sentiment score of 0.66 beat Paramount Global's score of 0.65 indicating that TEGNA is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TEGNA
7 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paramount Global
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive

TEGNA received 433 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 62.85% of users gave TEGNA an outperform vote while only 14.86% of users gave Paramount Global an outperform vote.

CompanyUnderperformOutperform
TEGNAOutperform Votes
455
62.85%
Underperform Votes
269
37.15%
Paramount GlobalOutperform Votes
22
14.86%
Underperform Votes
126
85.14%

TEGNA has higher earnings, but lower revenue 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
TEGNA$2.91B1.00$476.72M$2.836.40
Paramount Global$29.65B0.24-$608M-$8.22-1.29

TEGNA has a beta of 0.49, meaning that its stock price is 51% less volatile than the S&P 500. Comparatively, Paramount Global has a beta of 1.74, meaning that its stock price is 74% more volatile than the S&P 500.

92.2% of TEGNA shares are held by institutional investors. Comparatively, 73.0% of Paramount Global shares are held by institutional investors. 0.9% of TEGNA shares are held by company insiders. Comparatively, 0.6% of Paramount Global shares are held 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.

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
TEGNA16.75% 14.49% 5.70%
Paramount Global -18.89%5.81%2.33%

TEGNA currently has a consensus price target of $19.00, indicating a potential upside of 4.91%. Paramount Global has a consensus price target of $12.40, indicating a potential upside of 17.20%. Given Paramount Global's higher probable upside, analysts clearly believe Paramount Global is more favorable than TEGNA.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TEGNA
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Paramount Global
8 Sell rating(s)
7 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
1.72

TEGNA pays an annual dividend of $0.50 per share and has a dividend yield of 2.8%. Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.9%. TEGNA pays out 17.7% of its earnings in the form of a dividend. Paramount Global pays out -2.4% 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.

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$2.88B$6.08B$8.30B$19.96B
Dividend Yield2.80%3.65%2.78%3.49%
P/E Ratio6.406.2414.1835.39
Price / Sales1.000.867.8218.01
Price / Cash7.285.2333.2321.27
Price / Book1.021.003.664.58
Net Income$476.72M$74.45M$265.65M$985.93M
7 Day PerformanceN/A-2.13%-1.56%0.45%
1 Month Performance10.06%-4.44%-2.08%1.05%
1 Year Performance14.19%-1.04%15.34%24.67%

TEGNA Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TGNA
TEGNA
2.0488 of 5 stars
$18.11
+1.3%
$19.00
+4.9%
+13.3%$2.88B$2.91B6.406,200Dividend Announcement
PARA
Paramount Global
1.3829 of 5 stars
$10.58
+2.4%
$12.40
+17.2%
-24.0%$6.89B$29.65B0.0021,900
NXST
Nexstar Media Group
4.8457 of 5 stars
$166.83
+2.0%
$198.50
+19.0%
+10.4%$5.07B$4.93B9.6513,294
TV
Grupo Televisa, S.A.B.
3.1183 of 5 stars
$2.00
flat
$5.25
+162.5%
-28.2%$1.11B$4.16B0.0032,932Analyst Downgrade
High Trading Volume
SBGI
Sinclair
4.4726 of 5 stars
$16.50
+0.9%
$20.10
+21.8%
+14.3%$1.09B$3.13B-5.007,300Dividend Announcement
Analyst Forecast
GTN.A
Gray Television
N/A$7.41
+4.2%
N/A-12.8%$708.29M$3.28B4.948,610
GTN
Gray Television
4.972 of 5 stars
$4.21
-3.2%
$6.67
+58.5%
-49.0%$433.55M$3.28B2.809,923Positive News
EVC
Entravision Communications
2.4964 of 5 stars
$2.39
+1.3%
N/A-42.1%$212.37M$1.11B-1.931,657Short Interest ↓
News Coverage
Positive News
SSP
E.W. Scripps
4.3027 of 5 stars
$1.89
+6.2%
$5.75
+204.2%
-75.5%$153.73M$2.29B0.005,200Positive News
FENG
Phoenix New Media
0.4609 of 5 stars
$2.45
+0.4%
N/A+88.5%$29.50M$97.47M0.001,240Gap Up
FOXA
FOX
3.3223 of 5 stars
$45.70
-0.1%
$44.00
-3.7%
+49.2%$20.90B$13.98B11.1710,200Short Interest ↓
Positive News

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This page (NYSE:TGNA) was last updated on 11/21/2024 by MarketBeat.com Staff
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