New York Times Co (NYSE: NYT) on Friday, soared 0.43% from the previous trading day, before settling in for the closing price of $54.07. Within the past 52 weeks, NYT’s price has moved between $41.55 and $58.16.
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 7.78%. The company achieved an average annual earnings per share of 16.38%. With a float of $160.29 million, this company’s outstanding shares have now reached $163.30 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 46.53%, operating margin of 13.28%, and the pretax margin is 14.5%.
New York Times Co (NYT) Insider Activity
Observing investor behavior towards Publishing industry stocks is more important than anything else. The insider ownership of New York Times Co is 2.23%, while institutional ownership is 90.08%. 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
According to the Wall Street analysts, stocks earnings will be around 16.38% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.15% 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
New York Times Co (NYT) is currently performing well based on its current performance indicators. A quick ratio of 1.35 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.51. Likewise, its price to free cash flow for the trailing twelve months is 24.19.
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 2.08 in one year’s time.
Technical Analysis of New York Times Co (NYT)
Compared to the last year’s volume of 1.42 million, its volume of 1.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.56%. Additionally, its Average True Range was 0.90.
During the past 100 days, New York Times Co’s (NYT) raw stochastic average was set at 50.77%, which indicates a significant decrease from 88.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 8.34% in the past 14 days, which was lower than the 22.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $53.50, while its 200-day Moving Average is $52.40. Nevertheless, the first resistance level for the watch stands at $54.57 in the near term. At $54.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $55.11. If the price goes on to break the first support level at $54.03, it is likely to go to the next support level at $53.76. Should the price break the second support level, the third support level stands at $53.49.
New York Times Co (NYSE: NYT) Key Stats
Market capitalization of the company is 8.90 billion based on 163,954K outstanding shares. Right now, sales total 2,426 M and income totals 232,390 K. The company made 640,180 K in profit during its latest quarter, and 64,140 K in sales during its previous quarter.
