Thomson Reuters Corporation (TRI): Today's Featured Media Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Thomson Reuters Corporation ( TRI) pushed the Media industry lower today making it today's featured Media laggard. The industry as a whole closed the day down 1.0%. By the end of trading, Thomson Reuters Corporation fell $0.37 (-1.1%) to $32.88 on light volume. Throughout the day, 549,841 shares of Thomson Reuters Corporation exchanged hands as compared to its average daily volume of 925,800 shares. The stock ranged in price between $32.87-$33.27 after having opened the day at $33.25 as compared to the previous trading day's close of $33.25. Other companies within the Media industry that declined today were: ChinaNet Online Holdings ( CNET), down 9.0%, Harte-Hanks ( HHS), down 6.8%, MDC Partners ( MDCA), down 6.3% and Central European Media ( CETV), down 6.2%.

Thomson Reuters Corporation provides intelligent information for businesses and professionals worldwide. It sells electronic content and services to professionals, primarily on a subscription basis. Thomson Reuters Corporation has a market cap of $27.5 billion and is part of the services sector. Shares are up 14.4% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Thomson Reuters Corporation a buy, 1 analyst rates it a sell, and 9 rate it a hold.

TheStreet Ratings rates Thomson Reuters Corporation as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and poor profit margins.

On the positive front, VisionChina Media ( VISN), up 12.4%, YOU On Demand Holdings ( YOD), up 3.3%, Bona Film Group ( BONA), up 2.9% and Dolan ( DM), up 2.3% , were all gainers within the media industry with DISH Network ( DISH) being today's featured media industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the media industry could consider PowerShares Dynamic Media ( PBS) while those bearish on the media industry could consider ProShares Ultra Sht Consumer Services ( SCC).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

5 Tech Companies That Could Be Targeted by Private Equity

5 Tech Companies That Could Be Targeted by Private Equity

Dow Tumbles 362 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Tumbles 362 Points; S&P 500 and Nasdaq Also Finish Lower

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know

Dow Selloff, Thomson Reuters, Jamie Dimon, Exxon, Waymo - 5 Things You Must Know

Janet Yellen's Swan Song and Everything Else You Need to Know Tuesday Morning

Janet Yellen's Swan Song and Everything Else You Need to Know Tuesday Morning

Thomson Reuters in Talks With Blackstone to Sell Unit Stake Worth $17 Billion

Thomson Reuters in Talks With Blackstone to Sell Unit Stake Worth $17 Billion