In the past 52-week period, shares of The New York Times Company (NYSE:NYT) have moved within the range of $10.60 to $20.15. On the stock’s most recent trading day, the company’s shares ended the regular session at $18.00, which is 10.67% lower than its 52-week high.
The New York Times Company (NYT) has demonstrated a 20-day simple moving average (SMA) of -6.98%, and a 50-day SMA of -6.10%. This public company’s current market capitalization stands at $2.91 billion.
Analyzing Consensus Estimates, Sales Revenue and Net Income
Understanding Wall Street analyst’s enthusiasm for a particular stock is crucial when considering entering a position. According to the latest data, the consensus recommendation for The New York Times Company (NYT) is Hold.
When it comes to sales data, public companies usually post revenue and earnings that are either higher or lower than the average Wall Street forecast. In the most recent quarterly financial report, for the quarter ending Jun. 2017, The New York Times Company (NYT) delivered a 3.34% surprise with its net revenue. Sales reached $0.41 billion during the three-month period, compared to the average analyst estimate of $0.39 billion.
Meanwhile, during the same quarter The New York Times Company (NYT) delivered a 28.57% earnings surprise. Net earnings for the quarter were posted at $0.18 per share, whereas Wall Street had forecast $0.14 per share.
Ownership at The New York Times Company (NYT), According to Most Recent SEC Filings
A public company’s latest 13F filings tell investors important details about institutional ownership. The New York Times Company (NYT) has 0.16 billion shares outstanding currently, 65.61% of which belong to institutional investors. Those institutional holdings amount to $2.02 billion.
Additionally, according to the most recent 13F filing from The New York Times Company (NYT), there were 27 new positions totaling 4,460,949 shares of the company’s stock. There were 15 sold out positions, on the other hand, totaling 311,104 shares.
Short, Medium and Long Term Indicators
Examining a stock’s average volume in the short, medium and long term is useful to understand trading activity and investor sentiment. The New York Times Company (NYT) has had a 20-day average volume of 1,219,670 shares, with an average of 60% of short term indicators pointed at Sell.
The stock’s 50-day average volume has been 1,038,656 shares, with an average of 0% of medium term indicators pointing toward Hold. Finally, its 100-day average volume is 1,128,173 shares with 0% of long-term indicators pointing to Hold.