Thomson-Reuters Corp (TRI) Stock Forecast & Predictions

Thomson-Reuters Corp TRI: $91.7

333 Bay Street, Toronto, Ontario, Canada. | Sector: Finance and Insurance | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.thomsonreuters.com/

  • Market Cap$45.82B
  • Change (52 Weeks)30.33%
  • Low (52 Weeks)$63.2
  • Thomson-Reuters Corp (TRI) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Thomson-Reuters Corp (TRI) stock price is $91.7 and the 52 weeks low is $63.2, which means the Thomson-Reuters Corp stock price is up 30.33% in the last 12 months.

    Thomson-Reuters Corp (TRI) Stock Price has been Trending Strongly with an ADX reading of 35.60 as per the Weekly Chart.

    A Upward trend indicates that Thomson-Reuters Corp (TRI) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that TRI Stock price might rise further, 18.75% indicating that TRI Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall TRI stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Thomson-Reuters Corp (TRI) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Thomson-Reuters Corp (TRI) is based on 20 Institutional Analyst Ratings where 40.00% are on Strong Buy, 15.00% on Moderate Buy, 35.00% remains on Hold, 0.00% are on Moderate Sell and 10.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended TRI stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Thomson-Reuters Corp.

    Thomson-Reuters Corp (TRI) Stock Price Prediction By Analysts


    HighLowAverage
    $120.75$75.75$96.25
    $96.254.96% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for TRI set by the institutional analysts is $96.25 where High Estimate is $120.75, Median $96.9 and Low $75.75.

    The average price target for TRI by Institutional Analysts is $96.25, which is 4.96% Upside from the current price. So according to the Institutional Analysts, TRI Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Thomson-Reuters Corp (TRI) Stock Forecast Based on News Sentiment


    Neutral
    Based on 2 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of TRI consisting of positive and negative, it shows that Thomson-Reuters Corp had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so TRI stock price most likey won't have any reaction to last weeks news coverage.

    Thomson-Reuters Corp (TRI) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    BMO Capital MarketsUpgraded
    RBC CapitalOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Bank of AmericaDowngraded
    TD SecuritiesBuyUpgraded
    ScotiaBankSector PerformMaintained
    National Bank FinancialSector PerformUpgraded
    TD SecuritiesBuyUpgraded
    TD SecuritiesBuyUpgraded
    RBC CapitalOutperformMaintained
    ScotiaBankSector PerformMaintained
    TD SecuritiesHoldDowngraded
    RBC CapitalOutperformUpgraded
    JP MorganNeutralMaintained
    BMO Capital MarketsOutperformUpgraded
    B of A SecuritiesBuyReiterated
    National Bank FinancialSector PerformDowngraded
    BarclaysEqual-WeightMaintained
    TD SecuritiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    TD SecuritiesHoldUpgraded
    National Bank FinancialSector PerformUpgraded
    JP MorganNeutralMaintained
    B of A SecuritiesBuyMaintained
    CIBC World MarketsUpgraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformUpgraded
    Bank of AmericaBuyUpgraded
    TD SecuritiesUpgraded
    National Bank FinancialSector PerformDowngraded
    Credit SuisseOutperformReiterated
    TD SecuritiesHoldDowngraded
    National Bank FinancialSector PerformUpgraded
    BMO Capital MarketsUpgraded
    Bank of AmericaNeutralReiterated
    BMO Capital MarketsMarket PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Credit SuisseOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    MacquarieNeutralDowngraded
    Morgan StanleyOverweightMaintained
    National Bank FinancialOutperformUpgraded
    National Bank FinancialSector PerformDowngraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialUpgraded
    BMO CapitalOutperformMaintained
    Credit SuisseNeutralInitiated
    Morgan StanleyOverweightMaintained
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    BMO Capital MarketsUpgraded
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    BMO Capital MarketsUpgraded
    Morgan StanleyOverweightMaintained
    TD SecuritiesBuyUpgraded
    National Bank FinancialOutperformUpgraded
    Berenberg BankDowngraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformUpgraded
    Berenberg BankUpgraded
    National Bank FinancialOutperformUpgraded
    Berenberg BankDowngraded
    National Bank FinancialOutperformDowngraded
    Canaccord GenuityBuyUpgraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaNeutralMaintained
    National Bank FinancialOutperformUpgraded
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    National Bank FinancialSector PerformDowngraded
    Goldman SachsSellInitiated
    TD SecuritiesBuyDowngraded
    RBC CapitalSector PerformDowngraded
    National Bank FinancialOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    ScotiabankSector OutperformUpgraded
    SbankOutperformUpgraded
    TD SecuritiesBuyUpgraded
    SbankSector PerformUpgraded
    RBC CapitalSector PerformReiterated
    Deutsche BankBuyMaintained
    National Bank FinancialOutperformUpgraded
    TD SecuritiesHoldDowngraded
    Deutsche BankBuyUpgraded
    Macquarie ResearchMaintained
    MacquarieOutperformUpgraded
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    Canaccord GenuityHoldDowngraded
    Berenberg BankSellMaintained
    BerenbergSellInitiated
    TD SecuritiesMaintained
    RBC CapitalMaintained
    TD SecuritiesHoldMaintained
    BMO Capital MarketsOutperformMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    Goldman SachsNeutralMaintained
    MacquarieNeutralInitiated
    BarclaysEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    TD SecuritiesHoldMaintained
    TD SecuritiesHoldDowngraded
    RBC CapitalSector PerformMaintained
    TD SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    SbankSector PerformMaintained
    NomuraNeutralMaintained
    National Bank FinancialOutperformMaintained
    Deutsche BankHoldMaintained
    RBC CapitalSector PerformMaintained
    Paradigm CapitalMaintained
    Bank of AmericaNeutralDowngraded
    BarclaysEqual-WeightMaintained
    National Bank FinancialOutperformMaintained
    FBR CapitalMarket PerformDowngraded
    TD SecuritiesBuyUpgraded
    SbankMaintained
    SbankMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityHoldMaintained
    RBC CapitalSector PerformDowngraded
    BMO Capital MarketsOutperformMaintained
    RBC CapitalSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    SbankMaintained
    JefferiesHoldMaintained
    National Bank FinancialOutperformMaintained
    Sanford BernsteinAt Market PerformMaintained
    Evercore ISIHoldMaintained
    Morgan StanleyEqual WeightMaintained
    TD SecuritiesBuyMaintained
    JP MorganNeutralMaintained
    SbankSector PerformMaintained
    Goldman SachsNeutralMaintained
    SbankMaintained
    RBC CapitalOutperformMaintained
    NomuraMaintained
    Deutsche BankHoldMaintained
    Credit SuisseOutperformMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsOutperformMaintained
    JefferiesHoldInitiated
    BarclaysEqual WeightMaintained
    TD SecuritiesBuyUpgraded
    Deutsche BankHoldMaintained
    CIBC World MarketsSector PerformMaintained
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    Deutsche BankHoldInitiated
    SbankMaintained
    RBC CapitalOutperformMaintained
    NomuraReduceMaintained
    National Bank FinancialSector PerformMaintained
    Credit SuisseOutperformMaintained
    TD SecuritiesHoldMaintained
    Credit SuisseOutperformUpgraded
    NomuraReduceDowngraded
    FBR CapitalOutperformInitiated
    SbankMaintained
    BarclaysMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    RBC CapitalOutperformUpgraded
    National Bank FinancialMaintained
    CIBC World MarketsSector PerformMaintained
    Canaccord GenuityBuyMaintained
    BMO Capital MarketsOutperformMaintained
    RBC CapitalSector PerformMaintained
    SbankMaintained
    National Bank FinancialUnderperformMaintained
    RBC CapitalSector PerformMaintained
    PiperJaffrayMaintained
    BMO Capital MarketsOutperformMaintained
    CIBC World MarketsSector PerformMaintained
    Canaccord GenuityBuyInitiated
    TD SecuritiesMaintained
    CitigroupBuyMaintained
    SbankMaintained
    RBC CapitalSector PerformMaintained
    Deutsche BankHoldMaintained
    CIBC World MarketsSector PerformMaintained
    Bank of AmericaBuyMaintained
    National Bank FinancialUnderperformDowngraded
    BarclaysEqual-WeightMaintained
    TD SecuritiesMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Deutsche BankHoldMaintained
    Bank of AmericaBuyMaintained
    Bank ofericaBuyUpgraded
    Evercore PartnersEqual-WeightInitiated

    Thomson-Reuters Corp (TRI) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.398
    The average consensus EPS for TRI is $0.398 with a high estimate of $0.452 and Low of $0.294 for the period 2021-06-30 and based on 12 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.54$0.46522622020-12-31


    The latest average Earning Per Share Estimate for Thomson-Reuters Corp is $0.40, which is lower than TRI's last EPS, $0.54. This means that Analysts are expecting Thomson-Reuters Corp to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Thomson-Reuters Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.54$0.46522622020-12-31
    $0.39$0.38312332020-09-30
    $0.44$0.37999232020-06-30
    $0.48$0.496839200000000042020-03-31
    $0.37$0.33011852019-12-31
    $0.27$0.194930000000000022019-09-30
    $0.29$0.17706312019-06-30
    $0.36$0.24955082019-03-31
    $0.2$0.06398352018-12-31
    $0.12088$0.0350066000000000062018-09-30
    $0.18681$0.123098800000000012018-06-30
    $0.30769$0.43655232018-03-31
    $0.65934$0.64129952017-12-31
    $0.74725$0.64627882017-09-30
    $0.65934$0.57302352017-06-30
    $0.69231$0.59046622017-03-31
    $0.65934$0.64143082016-12-31
    $0.59341$0.52687662016-09-30
    $0.54945$0.54132969999999992016-06-30
    $0.52747$0.48771892016-03-31
    $0.71429$0.64193580000000012015-12-31
    $0.57143$0.5439862015-09-30
    $0.57143$0.55272252015-06-30
    $0.48352$0.50262652015-03-31
    $0.47253$0.51407992014-12-31
    $0.49451$0.49251642014-09-30
    $0.56044$0.51010052014-06-30
    $0.50549$0.423775800000000042014-03-31
    $0.53846$0.57270032013-12-31
    $0.52747$0.48565852013-09-30
    $0.52747$0.49353652013-06-30
    $0.41758$0.35120732013-03-31
    $0.65934$0.60697972012-12-31
    $0.59341$0.53089642012-09-30
    $0.59341$0.55987332012-06-30
    $0.48352$0.456762399999999962012-03-31
    $0.64835$0.61784732011-12-31
    $0.61538$0.59080962011-09-30
    $0.56044$0.54299622011-06-30
    $0.46154$0.47896222011-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).