The stock of New York Times Co. (NYT) has seen a 1.10% increase in the past week, with a -0.27% drop in the past month, and a 9.64% flourish in the past quarter. The volatility ratio for the week is 1.32%, and the volatility levels for the past 30 days are at 1.64% for NYT. The simple moving average for the past 20 days is 1.93% for NYT’s stock, with a 13.54% simple moving average for the past 200 days.
Is It Worth Investing in New York Times Co. (NYSE: NYT) Right Now?
The price-to-earnings ratio for New York Times Co. (NYSE: NYT) is 33.91x, which is above its average ratio. Moreover, the 36-month beta value for NYT is 1.02. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for NYT is 159.83M and currently, short sellers hold a 2.77% of that float. On September 27, 2024, NYT’s average trading volume was 983.95K shares.
NYT) stock’s latest price update
New York Times Co. (NYSE: NYT)’s stock price has plunge by 0.29relation to previous closing price of 55.00. Nevertheless, the company has seen a 1.10% surge in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-09-25 that New York, New York–(Newsfile Corp. – September 25, 2024) – Berenson Acquisition Corp. I, (NYSE American: BACA) a special purpose acquisition company (” BACA ” or the ” Company “), announced that it will not complete its initial business combination by September 30, 2024, and therefore, the Company will dissolve and liquidate. The liquidation of the Trust Account is expected to occur on October 16th, 2024.
Analysts’ Opinion of NYT
Many brokerage firms have already submitted their reports for NYT stocks, with Citigroup repeating the rating for NYT by listing it as a “Buy.” The predicted price for NYT in the upcoming period, according to Citigroup is $52 based on the research report published on March 12, 2024 of the current year 2024.
Argus, on the other hand, stated in their research note that they expect to see NYT reach a price target of $51. The rating they have provided for NYT stocks is “Buy” according to the report published on March 04th, 2024.
Barclays gave a rating of “Equal Weight” to NYT, setting the target price at $36 in the report published on February 09th of the previous year.
NYT Trading at 2.14% from the 50-Day Moving Average
After a stumble in the market that brought NYT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.35% of loss for the given period.
Volatility was left at 1.64%, however, over the last 30 days, the volatility rate increased by 1.32%, as shares sank -0.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.51% upper at present.
During the last 5 trading sessions, NYT rose by +1.10%, which changed the moving average for the period of 200-days by +18.17% in comparison to the 20-day moving average, which settled at $54.12. In addition, New York Times Co. saw 12.59% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at NYT starting from KOPIT LEVIEN MEREDITH A., who sale 18,300 shares at the price of $53.92 back on Aug 12 ’24. After this action, KOPIT LEVIEN MEREDITH A. now owns 101,772 shares of New York Times Co., valued at $986,773 using the latest closing price.
Bardeen William, the Chief Financial Officer of New York Times Co., sale 2,000 shares at $54.56 during a trade that took place back on Aug 09 ’24, which means that Bardeen William is holding 10,315 shares at $109,114 based on the most recent closing price.
Stock Fundamentals for NYT
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.46 for the gross margin
The net margin for New York Times Co. stands at 0.11. The total capital return value is set at 0.15. Equity return is now at value 15.80, with 10.46 for asset returns.
Currently, EBITDA for the company is 401.32 million with net debt to EBITDA at -0.53. When we switch over and look at the enterprise to sales, we see a ratio of 3.53. The receivables turnover for the company is 13.52for trailing twelve months and the total asset turnover is 0.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.
Conclusion
To wrap up, the performance of New York Times Co. (NYT) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
