If you are wondering whether TEGNA at around $19.55 is quietly underpriced or already fairly valued, you are in the right place to unpack what the numbers are really saying.
The stock has inched up 0.8% over the last week and 4.1% year to date, and while the 7.6% 1 year and 58.0% 5 year returns are solid, the slightly negative 1 month move of -1.9% hints that the market is still undecided about its next big swing.
Recent headlines have focused on TEGNA’s ongoing role as a major local TV broadcaster, its strategic positioning around political ad spending cycles, and how shifting advertising budgets are affecting traditional media players. At the same time, investors have been watching industry wide moves in retransmission fees,…
