New York Times Co. (NYT) with a beta value of 1.01 appears to be a promising investment opportunity.

On Tuesday, New York Times Co. (NYSE: NYT) was 1.36% up from the session before settling in for the closing price of $53.83. A 52-week range for NYT has been $39.73 – $56.49.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 6.95%. When this article was written, the company’s average yearly earnings per share was at 12.46%. With a float of $159.97 million, this company’s outstanding shares have now reached $163.76 million.

Let’s determine the extent of company efficiency that accounts for 5900 employees.

New York Times Co. (NYT) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward New York Times Co. stocks. The insider ownership of New York Times Co. is 2.60%, while institutional ownership is 93.72%. The most recent insider transaction that took place on Aug 12 ’24, was worth 986,779. Before that another transaction happened on Aug 12 ’24, when Company’s PRESIDENT & CEO sold 18,300 for $53.92, making the entire transaction worth $986,773. This insider now owns 101,772 shares in total.

New York Times Co. (NYT) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 12.46% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.65% during the next five years compared to 13.25% growth over the previous five years of trading.

New York Times Co. (NYSE: NYT) Trading Performance Indicators

You can see what New York Times Co. (NYT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.32. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.59. Likewise, its price to free cash flow for the trailing twelve months is 25.73.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.63, a number that is poised to hit 0.40 in the next quarter and is forecasted to reach 2.04 in one year’s time.

Technical Analysis of New York Times Co. (NYT)

Looking closely at New York Times Co. (NYSE: NYT), its last 5-days average volume was 1.14 million, which is a drop from its year-to-date volume of 1.2 million. As of the previous 9 days, the stock’s Stochastic %D was 61.27%. Additionally, its Average True Range was 1.31.

During the past 100 days, New York Times Co.’s (NYT) raw stochastic average was set at 87.08%, which indicates a significant increase from 68.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.45% in the past 14 days, which was higher than the 18.85% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $52.11, while its 200-day Moving Average is $47.05. However, in the short run, New York Times Co.’s stock first resistance to watch stands at $54.92. Second resistance stands at $55.29. The third major resistance level sits at $55.80. If the price goes on to break the first support level at $54.04, it is likely to go to the next support level at $53.53. Now, if the price goes above the second support level, the third support stands at $53.16.

New York Times Co. (NYSE: NYT) Key Stats

There are 164,311K outstanding shares of the company, which has a market capitalization of 8.96 billion. As of now, sales total 2,426 M while income totals 232,390 K. Its latest quarter income was 625,100 K while its last quarter net income were 65,540 K.