New York Times Company (The) stock performance trend indicates that the stock price has rallied 8.09% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 23.01% . Looking at the past 52 week period, the stock price is up at 15.39% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of New York Times Company (The) has a positive value of 5.3 compared to overall market.The New York Times Company is having a Relative Strength Index of 52.38 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Stocks of New York Times Company (The) (NYSE:NYT) rallied by 0.34% during the past week but lost 4.85% on a 4-week basis. The company has outperformed the S&P 500 by 0.1% in the past week but underperformed the index by 5.94% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week New York Times Company (The) (NYSE:NYT) : On Friday heightened volatility was witnessed in New York Times Company (The) (NYSE:NYT) which led to swings in the share price. The stock opened for trading at $14.65 and hit $14.85 on the upside , eventually ending the session at $14.7, with a gain of 0.34% or 0.05 points. The heightened volatility saw the trading volume jump to 1,678,218 shares. The 52-week high of the share price is $16.35 and the company has a market cap of $2,374 million. The 52-week low of the share price is at $10.6 .
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.New York Times Co was Initiated by Singular Research on Feb 9, 2017 to Sell, Price Target of the shares are set at $7.80.
Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Doreen A Toben (director) sold 8,000 shares at 16.06 per share price.On Aug 29, 2016, Levien Meredith A. Kopit (EVP & Chief Revenue Officer) sold 26,728 shares at 13.06 per share price.On Aug 22, 2016, Kenneth A Richieri (EVP & GENERAL COUNSEL) sold 24,942 shares at 12.95 per share price.
New York Times Co Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.30 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $0.24. The company had revenue of $439.70 million for the quarter, compared to analysts expectations of $437.00 million. The companys revenue was down -1.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.37 EPS.
New York Times Company is a diversified media company including newspapers, television and radio stations, magazines, electronic information and publishing, Internet businesses, and forest products investments. The Company currently classifies its businesses into the following segments: Newspapers, Broadcasting, Magazines, and Forest Product Investments and Other Joing Ventures.