New York Times Co [NYT] stock prices are down -0.71% to $48.98 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The NYT shares have gain 0.78% over the last week, with a monthly amount glided 2.60%, and 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.
The stock price of New York Times Co [NYT] has been fluctuating between $41.55 and $58.16 over the past year. 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 $48.98 at the most recent close of the market. An investor can expect a potential return of 16.37% based on the average NYT price forecast.
Analyzing the NYT fundamentals
The New York Times Co [NYSE:NYT] reported sales of 2.59B for trailing twelve months, representing a surge of 7.46%. 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 48.60 points at the first support level, and at 48.22 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.59, and for the 2nd resistance point, it is at 50.20.
Ratios To Look Out For
It’s worth pointing out that New York Times Co [NYSE:NYT]’s Current Ratio is 1.53. On the other hand, the Quick Ratio is 1.53, and the Cash Ratio is 0.33. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 27.59.
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.
