At the time of writing, New York Times Co [NYT] stock is trading at $47.37, up 0.96%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The NYT shares have lost -1.07% over the last week, with a monthly amount drifted -15.24%, 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.
For the past year, the stock price of New York Times Co fluctuated 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 $47.37 at the most recent close of the market. An investor can expect a potential return of 20.33% based on the average NYT price forecast.
Analyzing the NYT fundamentals
According to New York Times Co [NYSE:NYT], the company’s sales were 2.59B for trailing twelve months, which represents an 7.46% jump. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.15%, 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.02.
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 46.68 points at the first support level, and at 45.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 47.87, and for the 2nd resistance point, it is at 48.37.
Ratios To Look Out For
It is important to note that New York Times Co [NYSE:NYT] has a current ratio of 1.53. In addition, the Quick Ratio stands at 1.53 and the Cash Ratio stands at 0.33. Considering the valuation of this stock, the price to sales ratio is 2.99, the price to book ratio is 4.03 and price to earnings (TTM) ratio is 26.68.
Transactions by insiders
Recent insider trading involved Sulzberger Arthur G., Chairman and Publisher, that happened on Mar 03 ’25 when 9600.0 shares were sold. Officer, Sulzberger Arthur G. completed a deal on Mar 03 ’25 to buy 9600.0 shares. Meanwhile, EVP, CHIEF LEGAL OFFICER Brayton Diane sold 10000.0 shares on Feb 27 ’25.
