The New York Times Company (NYT): From Top to Bottom

The New York Times Company (NYT) is an interesting player in the Services space, with a focus on Publishing – Newspapers. The stock has been active on the tape, currently trading at $25.20, up from yesterday’s close by 1.82%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

The New York Times Company (NYT) currently trades with a market capitalization of $3.99 Billion. That value represents a market adjusting for revenues that have been growing by 10.12 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $100.06 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.15 on a per share basis this quarter. Perhaps, that suggests something about why 1.74% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, The New York Times Company recorded a 52-week high of $25.70. It is now trading 0.5% off that level. The stock is trading $22.58 its 50-day moving average by -2.62%. The stock carved out a 52-week low down at $14.08.

In recent action, The New York Times Company (NYT) has made a move of +4.56% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 17.8, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 9.72% with $130.13 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of NYT.

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