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After finishing at $55.17 in the prior trading day, New York Times Co. (NYSE: NYT) closed at $54.29, down -1.60%. In other words, the price has decreased by -$1.60 from its previous closing price. On the day, 0.57 million shares were traded. NYT stock price reached its highest trading level at $55.45 during the session, while it also had its lowest trading level at $54.235.
Ratios:
Our goal is to gain a better understanding of NYT by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.61. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.32. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on March 12, 2024, initiated with a Buy rating and assigned the stock a target price of $52.
On March 04, 2024, Argus Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $51.
Barclays Upgraded its Underweight to Equal Weight on February 09, 2023, whereas the target price for the stock was revised from $25 to $36.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 12 ’24 when KOPIT LEVIEN MEREDITH A. sold 18,300 shares for $53.92 per share. The transaction valued at 986,773 led to the insider holds 101,772 shares of the business.
Bardeen William sold 2,000 shares of NYT for $109,114 on Aug 09 ’24. The Chief Financial Officer now owns 10,315 shares after completing the transaction at $54.56 per share. On Aug 12 ’24, another insider, KOPIT LEVIEN MEREDITH A., who serves as the Officer of the company, bought 18,300 shares for $53.92 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NYT now has a Market Capitalization of 8916046848 and an Enterprise Value of 8504666624. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.38, and their Forward P/E ratio for the next fiscal year is 26.58. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 4.94. Its current Enterprise Value per Revenue stands at 3.447 whereas that against EBITDA is 20.648.
Stock Price History:
Over the past 52 weeks, NYT has reached a high of $56.49, while it has fallen to a 52-week low of $39.73. The 50-Day Moving Average of the stock is 2.27%, while the 200-Day Moving Average is calculated to be 13.61%.
Shares Statistics:
The stock has traded on average 1.02M shares per day over the past 3-months and 622450 shares per day over the last 10 days, according to various share statistics. A total of 163.76M shares are outstanding, with a floating share count of 159.83M. Insiders hold about 2.68% of the company’s shares, while institutions hold 92.26% stake in the company. Shares short for NYT as of 1723680000 were 4002483 with a Short Ratio of 3.93, compared to 1721001600 on 4774410. Therefore, it implies a Short% of Shares Outstanding of 4002483 and a Short% of Float of 2.6199998.
Dividends & Splits
In the trailing 12 months, NYT’s forward annual dividend rate was 0.48, compared to 0.48 this year. Against a Trailing Annual Dividend Yield of 0.008700381The stock’s 5-year Average Dividend Yield is 0.75.
