Thompson Mark, PRESIDENT & CEO, subtracted 45,000 shares of The New York Times Company (NYT) from its portfolio at the rate of $34.27 per share valuing $1,542,150 on May 16. The insider left behind 384,247 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The New York Times Company (NYT) was $34.69. Currently, the 1st Resistance Point for this stock is $34.83, with a 2nd Resistance Point sitting at $34.96. Meanwhile, this company’s stock has a 1st Support Level at $34.44 and a 2nd Support Level at $34.18. The New York Times Company (NYT) stock has gained $0.90, or 1.94%, in the past five days. In the last full month, these shares have gained $2.20, or 6.77%. In the past three months, this stock’s price has risen by $1.43, or 4.30%. This year-to-date, The New York Times Company (NYT) shares have gained $12.40, or 55.63%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The New York Times Company (NYT) stock, 80% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 100% of medium-term indicators point to this stock being a “ Buy .” Looking further ahead, 100% of long-term indicators suggest that this stock is a “ Buy .”
With 166,000 K shares outstanding, this company currently has a market capitalization of $5,758,540K. The New York Times Company (NYT) generates $1,749 M in annual sales, amounting to annual net income of $125,680 K. This stock has generated a 1-Year Total Return of 31.90%, a 3-Year Total Return of 170.17%, and a 5-year Total Return of 141.57%. This stock’s 5-Year Dividend Growth is 300.00%, with its most recent dividend valued at $0.050 per share on 07/09/19. Its Annual Dividend Yield is 0.58%, and its Annual Dividend Rate is 0.20.
In the most recently-reported fiscal quarter, which ended in Mar-19, The New York Times Company (NYT) reported earnings of $0.20 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.10 per share, representing a 0.1 difference and 96.08% surprise. In the previous quarter ending in Dec-18, the reported earnings of $0.32 represented a 0.04 difference from the consensus estimate calling for $0.28 per share, which was a 15.11% surprise.
For the current fiscal quarter, which is set to end in 06/2019, the average earnings estimate is $0.19 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was $0.19 and the low estimate was $0.19. In the year-ago quarter, The New York Times Company (NYT) generated per-share earnings of $0.17. If the analysts are correct about the current quarter’s earnings, the growth will be +11.76%.
Turning our focus now to insider trading activity, there have been 20 purchases (31,308 shares in total) and 4 sale (62,400 shares in total) in the last 3 months. In the last 6 months, there have been 40 insider buys amounting to 166,024 shares and 20 insider sales amounting to 818,660 shares. In the past full year, 66 insider purchases were made (involving 192,312 shares) and 34 insider sell-offs equivalent to 1,505,754 shares.
Moving onto liquidity, The New York Times Company (NYT) has a Current Ratio of 1.33, a Quick Ratio of 1.33 and a Cash Ratio of 0.91. Looking at this company’s capital structure, its Total Debt to Total Equity is 24.37, its Total Debt to Total Capital is 19.59, and its Total Debt to Total Assets is now 11.54.