New York Times Co (NYSE: NYT) is -7.72% lower on its value in year-to-date trading and has touched a low of $41.55 and a high of $58.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The NYT stock was last observed hovering at around $48.76 in the last trading session, with the day’s loss setting it -0.73%.
Currently trading at $48.03, the stock is -6.50% and -8.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.13 million and changing -1.50% at the moment leaves the stock -9.20% off its SMA200. NYT registered 11.10% gain for a year compared to 6-month loss of -12.16%.
The stock witnessed a -9.38% gain in the last 1 month and extending the period to 3 months gives it a -8.55%, and is -5.36% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.51% over the week and 2.53% over the month.
New York Times Co (NYT) has around 5900 employees, a market worth around $7.87B and $2.59B in sales. Current P/E ratio is 27.03 and Fwd P/E is 20.71. Profit margin for the company is 11.36%. Distance from 52-week low is 15.60% and -17.42% from its 52-week high. The company has generated returns on investments over the last 12 months (15.86%).
with sales reaching $634.99M over the same period.The EPS is expected to grow by 3.39% this year, but quarterly earnings will post 6.23% year-over-year. Quarterly sales are estimated to grow 6.90% in year-over-year returns.
New York Times Co (NYT) Top Institutional Holders
The shares outstanding are 163.96M, and float is at 160.35M with Short Float at 4.32%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.81 million shares valued at $809.47 million. The investor’s holdings represent 9.6013% of the NYT Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.35 million shares valued at $$734.62 million to account for 8.7136 of the shares outstanding. The other top investors are T. ROWE PRICE INVESTMENT MANAGEMENT, INC. which holds 10.13 million shares representing 6.1564% and valued at over $518.75 million, while FARALLON CAPITAL MANAGEMENT LLC holds 6.0288 of the shares totaling 9.92 million with a market value of $508.0 million.
New York Times Co (NYT) Insider Activity
The most recent transaction is an insider sale by KOPIT LEVIEN MEREDITH A.,the company’sPRESIDENT & CEO. SEC filings show that KOPIT LEVIEN MEREDITH A. sold 19,869 shares of the company’s common stock on Feb 13 ’25 at a price of $50.53 per share for a total of $1.0 million. Following the sale, the insider now owns 81903.0 shares.
Still, SEC filings show that on Aug 12 ’24, KOPIT LEVIEN MEREDITH A. (PRESIDENT & CEO) disposed off 18,300 shares at an average price of $53.92 for $0.99 million. The insider now directly holds 101,772 shares of New York Times Co (NYT).
