A share price of New York Times Co [NYT] is currently trading at $47.88, up 0.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NYT shares have lost -1.80% over the last week, with a monthly amount drifted -11.76%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
New York Times Co [NYSE: NYT] stock has seen the most recent analyst activity on October 09, 2024, when Deutsche Bank initiated its Buy rating and assigned the stock a price target of $65. Previously, Citigroup started tracking the stock with Buy rating on March 12, 2024, and set its price target to $52. On March 04, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $51 on the stock. Barclays upgraded its rating to a Equal Weight and increased its price target to $36 on February 09, 2023. Morgan Stanley downgraded its rating to a Equal-Weight but $37 remained the price target by the analyst firm on December 16, 2022. Wolfe Research downgraded its rating to Peer Perform for this stock on December 06, 2021.
New York Times Co experienced fluctuations in its stock price throughout the past year between $41.55 and $58.16. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. New York Times Co [NYSE: NYT] shares were valued at $47.88 at the most recent close of the market. An investor can expect a potential return of 19.05% based on the average NYT price forecast.
Analyzing the NYT fundamentals
Trailing Twelve Months sales for New York Times Co [NYSE:NYT] were 2.59B which represents 7.46% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.14%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.16 and Total Capital is 0.16.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.63 points at the first support level, and at 47.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 48.22, and for the 2nd resistance point, it is at 48.55.
Ratios To Look Out For
To put it in perspective, the Current Ratio for New York Times Co [NYSE:NYT] is 1.35. As well, the Quick Ratio is 1.35, while the Cash Ratio is 0.35. Considering the valuation of this stock, the price to sales ratio is 3.04, the price to book ratio is 4.24 and price to earnings (TTM) ratio is 26.95.
Transactions by insiders
Recent insider trading involved Brayton Diane, Officer, that happened on Feb 27 ’25 when 10000.0 shares were purchased. PRESIDENT & CEO, KOPIT LEVIEN MEREDITH A. completed a deal on Feb 13 ’25 to sell 19869.0 shares. Meanwhile, Officer KOPIT LEVIEN MEREDITH A. bought 19869.0 shares on Feb 13 ’25.
