As on September 15, 2020, The New York Times Company (NYSE: NYT) started slowly as it slid -3.00% to $42.00. During the day, the stock rose to $43.64 and sunk to $41.81 before settling in for the price of $43.30 at the close. Taking a more long-term approach, NYT posted a 52-week range of $26.13-$47.95.
The Communication Services sector firm’s twelve-monthly sales growth has been 2.70% for the last half of the decade. Meanwhile, its Annual Earning per share during the time was 31.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 12.60%. This publicly-traded company’s shares outstanding now amounts to $166.87 million, simultaneously with a float of $146.71 million. The organization now has a market capitalization sitting at $6.99 billion. At the time of writing, stock’s 50-day Moving Average stood at $44.25, while the 200-day Moving Average is $37.37.
It is quite necessary to find out the efficiency of the corporate organization, which has 4500 number of employees on its payroll. It has generated 402,708 per worker during the last fiscal year. Meanwhile, its income per employee was 31,104. The stock had 8.25 Receivables turnover and 0.85 Total Asset turnover. For the Profitability, stocks gross margin was +57.67, operating margin was +10.02 and Pretax Margin of +9.08.
The New York Times Company (NYT) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Publishing industry. The New York Times Company’s current insider ownership accounts for 0.60%, in contrast to 94.10% institutional ownership. According to the most recent insider trade that took place on Sep 01, this organization’s PRESIDENT & CEO sold 58,582 shares at the rate of 43.56, making the entire transaction reach 2,551,891 in total value, affecting insider ownership by 258,115. Preceding that transaction, on Aug 13, Company’s Director sold 14,790 for 44.40, making the whole transaction’s value amount to 656,676. This particular insider is now the holder of 373,067 in total.
The New York Times Company (NYT) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2020, the company posted $0.18 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.01) by $0.17. This company achieved a net margin of +7.72 while generating a return on equity of 12.65. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.33 per share during the current fiscal year.
The New York Times Company’s EPS increase for this current 12-month fiscal period is 12.60% and is forecasted to reach 1.02 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 4.40% through the next 5 years, which can be compared against the 31.40% growth it accomplished over the previous five years trading on the market.
The New York Times Company (NYSE: NYT) Trading Performance Indicators
Let’s observe the current performance indicators for The New York Times Company (NYT). It’s Quick Ratio in the last reported quarter now stands at 1.80. The Stock has managed to achieve an average true range (ATR) of 1.20. Alongside those numbers, its PE Ratio stands at $49.94, and its Beta score is 0.81. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 3.92. Similarly, its price to free cash flow for trailing twelve months is now 42.24.
In the same vein, NYT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.84, a figure that is expected to reach 0.11 in the next quarter, and analysts are predicting that it will be 1.02 at the market close of one year from today.
Technical Analysis of The New York Times Company (NYT)
Through scrutinizing the latest numbers posted by the [The New York Times Company, NYT], it can be observed that its last 5-days Average volume of 1.32 million was lower the volume of 1.59 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 28.97% While, its Average True Range was 1.22.
Raw Stochastic average of The New York Times Company (NYT) in the period of the previous 100 days is set at 67.36%, which indicates a major rise in contrast to 6.33% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 17.82% that was lower than 25.55% volatility it exhibited in the past 100-days period.