New York Times Co (NYSE: NYT) kicked off on Tuesday, down -2.85% from the previous trading day, before settling in for the closing price of $56.80. Over the past 52 weeks, NYT has traded in a range of $41.55-$58.16.
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Communication Services Sector giant saw their annual sales surged by 6.95% over the last five years. While this was happening, its average annual earnings per share was recorded 15.97%. With a float of $160.31 million, this company’s outstanding shares have now reached $163.30 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Publishing Industry. The insider ownership of New York Times Co is 2.23%, while institutional ownership is 89.08%. 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) Earnings and Forecasts
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
Take a look at New York Times Co’s (NYT) current performance indicators. Last quarter, stock had a quick ratio of 1.35. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.57. Likewise, its price to free cash flow for the trailing twelve months is 24.58.
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 1.28 million was better than the volume posted last year of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 68.85%. Additionally, its Average True Range was 1.24.
During the past 100 days, New York Times Co’s (NYT) raw stochastic average was set at 61.75%, which indicates a significant increase from 54.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.11% in the past 14 days, which was lower than the 25.08% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.82, while its 200-day Moving Average is $50.74. Now, the first resistance to watch is $56.41. This is followed by the second major resistance level at $57.64. The third major resistance level sits at $58.29. If the price goes on to break the first support level at $54.53, it is likely to go to the next support level at $53.88. Should the price break the second support level, the third support level stands at $52.65.
New York Times Co (NYSE: NYT) Key Stats
The company with the Market Capitalisation of 9.05 billion has total of 163,954K Shares Outstanding. Its annual sales at the moment are 2,426 M in contrast with the sum of 232,390 K annual income. Company’s last quarter sales were recorded 640,180 K and last quarter income was 64,140 K.
