Thomson Reuters (BST:TOCB) - Stock Price, News & Analysis

TOCB Stock Overview

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

About the company

TOCB fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	1/6
Past Performance	4/6
Financial Health	4/6
Dividends	3/6

Rewards

Revenue is forecast to grow 4.65% per year

Earnings grew by 291.5% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 3.9% per year for the next 3 years

Shares are highly illiquid

Large one-off items impacting financial results

Thomson Reuters Corporation Competitors

Bertrandt

XTRA:BDT

€421.4m

RELX

LSE:REL

UK£61.9b

Experian

LSE:EXPN

UK£29.9b

Wolters Kluwer

ENXTAM:WKL

€33.8b

Price History & Performance

Summary of all time highs, changes and price drops for Thomson Reuters
Historical stock prices
Current Share Price	CA$117.23
52 Week High	CA$124.49
52 Week Low	CA$109.96
Beta	0.29
1 Month Change	0%
3 Month Change	n/a
1 Year Change	6.60%
3 Year Change	79.37%
5 Year Change	n/a
Change since IPO	157.40%

Recent updates

Shareholder Returns

	TOCB	DE Professional Services	DE Market
7D	0%	-5.4%	-2.5%
1Y	6.6%	-21.4%	-0.4%

Return vs Industry: TOCB underperformed the German Professional Services industry which returned 8.3% over the past year.

Return vs Market: TOCB matched the German Market which returned 5.9% over the past year.

Price Volatility

Is TOCB's price volatile compared to industry and market?
TOCB volatility
TOCB Average Weekly Movement	n/a
Professional Services Industry Average Movement	4.7%
Market Average Movement	4.9%
10% most volatile stocks in DE Market	9.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: TOCB has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine TOCB's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1851	25,200	Steve Hasker	www.thomsonreuters.com

Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.

Thomson Reuters Corporation Fundamentals Summary

How do Thomson Reuters's earnings and revenue compare to its market cap?
TOCB fundamental statistics
Market cap	€54.50b
Earnings (TTM)	€1.88b
Revenue (TTM)	€6.11b

29.0x

P/E Ratio

8.9x

P/S Ratio

Is TOCB overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TOCB income statement (TTM)
Revenue	US$6.72b
Cost of Revenue	US$4.07b
Gross Profit	US$2.65b
Other Expenses	US$584.00m
Earnings	US$2.07b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	4.54
Gross Margin	39.43%
Net Profit Margin	30.74%
Debt/Equity Ratio	49.8%

How did TOCB perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

43%

Payout Ratio

TOCB Stock Overview

Rewards

Risk Analysis

Thomson Reuters Corporation Competitors

XTRA:BDT

€421.4m

LSE:REL

UK£61.9b

LSE:EXPN

UK£29.9b

ENXTAM:WKL

€33.8b

Price History & Performance

Recent News & Updates

Thomson Reuters Announces Expanded Vision to Provide GenAI Assistant for Every Professional It Serves

Thomson Reuters Corporation to Report Q1, 2024 Results on May 02, 2024

Thomson Reuters Corporation, Annual General Meeting, Jun 05, 2024

Thomson Reuters Corporation Provides Revenue Guidance for the First Quarter, Full Year 2024, 2025 and 2026

Thomson Reuters Corporation (TSX:TRI) acquired World Business Media Limited.

Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 6.4 billion.

Recent updates

Thomson Reuters Announces Expanded Vision to Provide GenAI Assistant for Every Professional It Serves

Thomson Reuters Corporation to Report Q1, 2024 Results on May 02, 2024

Thomson Reuters Corporation, Annual General Meeting, Jun 05, 2024

Thomson Reuters Corporation Provides Revenue Guidance for the First Quarter, Full Year 2024, 2025 and 2026

Thomson Reuters Corporation (TSX:TRI) acquired World Business Media Limited.

Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 6.4 billion.

Thomson Reuters Corporation (TSX:TRI) made a public tender offer to acquire Pagero Group AB (publ) (OM:PAGERO) from VÅLÅUggen Invest Ab, Bengt Nilsson and others for SEK 6.4 billion.

Thomson Reuters Corporation to Report Q4, 2023 Results on Feb 08, 2024

Thomson Reuters Launches Generative AI-Powered Solutions to Transform How Legal Professionals Work

Thomson Reuters Corporation (TSX:TRI) announces an Equity Buyback for 10,000,000 shares, representing 2.2% for $1,000 million.

Thomson Reuters Corporation to Report Q3, 2023 Results on Nov 01, 2023

LSEG Investors Thomson Reuters, Blackstone to Sell $2.9b Shares in Bourse Operator

David W. Binet to Resign from Thomson Reuters Board of Directors

Thomson Reuters Corporation (TSX:TRI) completed the acquisition of Casetext, Inc.

Thomson Reuters Corporation Provides Revenue Guidance for the Fiscal Year 2023

Thomson Reuters Corporation to Report Q2, 2023 Results on Aug 02, 2023

Thomson Reuters Corporation (TSX:TRI) entered into a definitive agreement to acquire Imagen Ltd.

Thomson Reuters Corporation (TSX:TRI) entered into definitive agreement to acquire Casetext, Inc. for approximately $650 million.

Thomson Reuters Corporation (TSX:TRI) entered into definitive agreement to acquire Casetext, Inc. for approximately $650 million.

TPG Inc. completed the acquisition of 80.1% stake in Thomson Reuters Elite from Thomson Reuters Corporation.

Blackstone, Thomson Reuters Consortium Looks to Sell Further $3 Billion London Stock Exchange Group Shares

Insider recently sold €109k worth of stock

Thomson Reuters Corporation Revises Revenue Guidance for the Fiscal Year 2023

Chief Operations & Technology Officer recently sold €51k worth of stock

Executive VP & COO of Customer Markets recently sold €1.0m worth of stock

Insider recently sold €123k worth of stock

Insider recently sold €69k worth of stock

Upcoming dividend of US$0.49 per share at 1.6% yield

Full year 2022 earnings released: EPS: US$3.00 (vs US$11.52 in FY 2021)

Thomson Reuters Corporation Provides Financial Guidance for the First Quarter of 2023

Microsoft Corporation (NasdaqGS:MSFT) completed the acquisition of a 4.2% stake in London Stock Exchange Group plc (LSE : LSEG) from Thomson Reuters Corporation (TSX:TRI), York Holdings II Limited and York Holdings III Limited.

Thomson Reuters Corporation to Report Q4, 2022 Results on Feb 09, 2023

Thomson Reuters Corporation (TSX:TRI) completed the acquisition of SurePrep, LLC.

Executive VP & Chief People Officer recently sold €4.5m worth of stock

LRN Corporation acquired Compliance Learning.

Chief Operations & Technology Officer recently sold €123k worth of stock

Thomson Reuters Corporation (TSX:TRI) signed a definitive agreement to acquire SurePrep, LLC for $500 million.

Thomson Reuters Corporation Provides Earnings Guidance for the Fourth Quarter and Reaffirms Earnings Guidance for the Full Year 2022; Provides Earnings Guidance for the Full Year 2023

IRIS Software Group Limited acquired myPay Solutions of Thomson Reuters.

Thomson Reuters Corporation to Report Q3, 2022 Results on Nov 01, 2022

Ryan, LLC acquired OneSource Property Tax and OneSource Transfer Pricing from Thomson Reuters Corporation (TSX:TRI).

Executive VP & COO of Customer Markets recently sold €1.0m worth of stock

Upcoming dividend of US$0.45 per share

Second quarter 2022 earnings released: US$0.15 loss per share (vs US$2.16 profit in 2Q 2021)

Thomson Reuters Corporation Revises Earnings Guidance for the Year Ending December 31, 2022

Shareholder Returns

Price Volatility

About the Company

Thomson Reuters Corporation Fundamentals Summary

29.0x

8.9x

Earnings & Revenue

Dividends

1.5%

43%