On Monday, New York Times Co (NYSE: NYT) was -7.71% drop from the session before settling in for the closing price of $56.83. A 52-week range for NYT has been $40.88 – $57.08.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 6.95%. When this article was written, the company’s average yearly earnings per share was at 14.00%. With a float of $159.83 million, this company’s outstanding shares have now reached $163.76 million.
Considering the fact that the conglomerate employs 5900 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 46.46%, operating margin of 12.98%, and the pretax margin is 14.14%.
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 2.68%, while institutional ownership is 90.09%. The most recent insider transaction that took place on Aug 12 ’24, was worth 986,773. In this transaction PRESIDENT & CEO of this company sold 18,300 shares at a rate of $53.92, taking the stock ownership to the 101,772 shares. Before that another transaction happened on Aug 09 ’24, when Company’s Chief Financial Officer sold 2,000 for $54.56, making the entire transaction worth $109,114. This insider now owns 10,315 shares in total.
New York Times Co (NYT) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.37 earnings per share (EPS) during the time that was better than consensus figure (set at 0.29) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.70% 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 3.46. Likewise, its price to free cash flow for the trailing twelve months is 25.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.69, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 2.06 in one year’s time.
Technical Analysis of New York Times Co (NYT)
Compared to the last year’s volume of 1.1 million, its volume of 1.36 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 55.17%. Additionally, its Average True Range was 1.14.
During the past 100 days, New York Times Co’s (NYT) raw stochastic average was set at 40.26%, which indicates a significant increase from 5.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.45% in the past 14 days, which was higher than the 21.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.79, while its 200-day Moving Average is $49.72. Nevertheless, the first resistance level for the watch stands at $54.91 in the near term. At $57.37, the stock is likely to face the second major resistance level. The third major resistance level sits at $58.74. If the price goes on to break the first support level at $51.08, it is likely to go to the next support level at $49.71. Now, if the price goes above the second support level, the third support stands at $47.25.
New York Times Co (NYSE: NYT) Key Stats
There are 164,230K outstanding shares of the company, which has a market capitalization of 8.77 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.
