Stock Market Recap: New York Times Co (NYT) Concludes at 53.25, a 1.53 Surge/Decline

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After finishing at $52.45 in the prior trading day, New York Times Co (NYSE: NYT) closed at $53.25, up 1.53%. In other words, the price has increased by $1.53 from its previous closing price. On the day, 1.82 million shares were traded. NYT stock price reached its highest trading level at $53.88 during the session, while it also had its lowest trading level at $52.8.

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 17.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.76. For the most recent quarter (mrq), Quick Ratio is recorded 1.35 and its Current Ratio is at 1.35. 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, Deutsche Bank on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $65.

On March 12, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $52.

Argus Upgraded its Hold to Buy on March 04, 2024, while the target price for the stock was maintained at $51.

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 8703659008 and an Enterprise Value of 8333867520. As of this moment, New’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.52, and their Forward P/E ratio for the next fiscal year is 25.79. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.45 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 3.322 whereas that against EBITDA is 19.549.

Stock Price History:

Over the past 52 weeks, NYT has reached a high of $57.08, while it has fallen to a 52-week low of $41.02. The 50-Day Moving Average of the stock is -2.74%, while the 200-Day Moving Average is calculated to be 7.05%.

Shares Statistics:

The stock has traded on average 886.62K shares per day over the past 3-months and 1170480 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 90.13% stake in the company. Shares short for NYT as of 1728950400 were 3989322 with a Short Ratio of 4.50, compared to 1726185600 on 4431843. Therefore, it implies a Short% of Shares Outstanding of 3989322 and a Short% of Float of 2.6099999.

Dividends & Splits

In the trailing 12 months, NYT’s forward annual dividend rate was 0.5, compared to 0.50 this year. Against a Trailing Annual Dividend Yield of 0.009532888The stock’s 5-year Average Dividend Yield is 0.77.

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