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TEGNA (TGNA) Competitors

TEGNA logo
$18.40 +0.27 (+1.49%)
(As of 12/20/2024 04:33 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 companies based on the strength of their risk, institutional ownership, analyst recommendations, media sentiment, earnings, profitability, valuation, dividends and community ranking.

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$28.87B0.25-$608M-$8.22-1.30
TEGNA$2.96B1.00$476.72M$2.836.50

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

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%

Paramount Global currently has a consensus target price of $12.43, indicating a potential upside of 16.59%. TEGNA has a consensus target price of $21.67, indicating a potential upside of 17.75%. Given TEGNA's stronger consensus rating and higher probable upside, analysts plainly believe TEGNA is more favorable than Paramount Global.

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)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.67

Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.9%. TEGNA pays an annual dividend of $0.50 per share and has a dividend yield of 2.7%. 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 received 435 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 62.86% 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
457
62.86%
Underperform Votes
270
37.14%

In the previous week, Paramount Global had 13 more articles in the media than TEGNA. MarketBeat recorded 24 mentions for Paramount Global and 11 mentions for TEGNA. TEGNA's average media sentiment score of 0.80 beat Paramount Global's score of 0.39 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
8 Very Positive mention(s)
2 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral
TEGNA
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

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

Summary

TEGNA beats Paramount Global on 15 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$2.96B$5.84B$8.38B$19.18B
Dividend Yield2.86%3.86%2.82%3.60%
P/E Ratio6.5010.6118.3341.30
Price / Sales1.000.8415.5017.60
Price / Cash7.605.5633.4521.28
Price / Book1.341.135.565.32
Net Income$476.72M$74.45M$267.23M$989.88M
7 Day Performance-0.54%-3.87%-2.02%-3.54%
1 Month Performance-0.51%-2.78%-0.08%-3.68%
1 Year Performance19.67%-3.37%10.25%12.14%

TEGNA Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TGNA
TEGNA
3.1673 of 5 stars
$18.40
+1.5%
$21.67
+17.8%
+20.7%$2.96B$2.96B6.506,200Analyst Upgrade
News Coverage
High Trading Volume
PARA
Paramount Global
1.0387 of 5 stars
$11.00
-1.5%
$12.43
+13.0%
-31.2%$7.34B$28.87B-1.3621,900
NXST
Nexstar Media Group
4.8856 of 5 stars
$164.12
-0.3%
$204.29
+24.5%
+1.8%$5.09B$4.93B9.5213,294Insider Trade
Positive News
SBGI
Sinclair
4.4686 of 5 stars
$17.47
+1.5%
$20.10
+15.1%
+26.7%$1.16B$3.13B-5.227,300
TV
Grupo Televisa, S.A.B.
3.1934 of 5 stars
$1.93
-2.3%
$5.25
+172.7%
-46.2%$1.07B$70.94B-2.7732,932Positive News
GTN.A
Gray Television
N/A$6.34
-7.7%
N/A-23.4%$631.89M$3.46B4.588,610High Trading Volume
GTN
Gray Television
4.8404 of 5 stars
$3.54
-4.8%
$6.67
+88.3%
-64.9%$352.83M$3.28B2.489,923
EVC
Entravision Communications
1.8117 of 5 stars
$2.45
+0.8%
N/A-41.6%$220.47M$1.15B-1.971,657Positive News
Gap Down
SSP
E.W. Scripps
3.486 of 5 stars
$2.17
+5.9%
$5.75
+165.0%
-73.1%$187.41M$2.40B-0.725,200
FENG
Phoenix New Media
0.2017 of 5 stars
$2.62
-2.6%
N/A+75.6%$31.67M$697.43M-5.491,240
FOXA
FOX
2.7303 of 5 stars
$47.19
+0.2%
$44.00
-6.8%
+68.2%$21.55B$14.34B11.5410,200Analyst Downgrade

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This page (NYSE:TGNA) was last updated on 12/21/2024 by MarketBeat.com Staff
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