On Friday, New York Times Co (NYSE: NYT) opened lower -3.25% from the last session, before settling in for the closing price of $54.22. Price fluctuations for NYT have ranged from $41.55 to $57.08 over the past 52 weeks.
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Communication Services Sector giant saw their annual sales surged by 6.95% over the last five years. Company’s average yearly earnings per share was noted 15.97% at the time writing. With a float of $159.62 million, this company’s outstanding shares have now reached $163.76 million.
The firm has a total of 5900 workers. Let’s measure their productivity. In terms of profitability, gross margin is 46.53%, operating margin of 13.28%, and the pretax margin is 14.5%.
New York Times Co (NYT) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Publishing industry is another important factor to consider. The insider ownership of New York Times Co is 2.64%, while institutional ownership is 89.07%. 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
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.7 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.59) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.35 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.97% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.73% 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
Check out the current performance indicators for New York Times Co (NYT). In the past quarter, the stock posted a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.28. Likewise, its price to free cash flow for the trailing twelve months is 22.61.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.69, a number that is poised to hit 0.75 in the next quarter and is forecasted to reach 2.07 in one year’s time.
Technical Analysis of New York Times Co (NYT)
Analysing the last 5-days average volume posted by the [New York Times Co, NYT], we can find that recorded value of 1.24 million was better than the volume posted last year of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 31.28%. Additionally, its Average True Range was 1.29.
During the past 100 days, New York Times Co’s (NYT) raw stochastic average was set at 37.23%, which indicates a significant increase from 5.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.04% in the past 14 days, which was higher than the 24.07% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.84, while its 200-day Moving Average is $49.98. Now, the first resistance to watch is $53.61. This is followed by the second major resistance level at $54.77. The third major resistance level sits at $55.35. If the price goes on to break the first support level at $51.87, it is likely to go to the next support level at $51.29. Now, if the price goes above the second support level, the third support stands at $50.13.
New York Times Co (NYSE: NYT) Key Stats
There are currently 164,230K shares outstanding in the company with a market cap of 8.32 billion. Presently, the company’s annual sales total 2,426 M according to its annual income of 232,390 K. Last quarter, the company’s sales amounted to 640,180 K and its income totaled 64,140 K.