Recent exceptional favorable changes in investment behavior and fundamentals have benefitted The New York Times Co (NYSE: NYT).

February 28, 2018 John Lafferty Positive 0

New York Times Co (The) (NYSE: NYT)

ALERT

POTENTIAL TREND CHANGE

Potential Positive Trend Change/Rating

The New York Times Co (NYSE: NYT). Extremely significant positive changes in investment behavior have recently occurred: price rise disrupts longer term downtrend, and positive upside/downside volume.

Recent notable positive changes in fundamentals have benefitted The New York Times Co (NYSE: NYT): significant increase in consensus estimate for December, 2019, and significant increase in consensus estimate for December, 2018.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.

Recent Price Action

New York Times stock declined significantly on 2/28/18. The shares fell -2.6%, closing at $24.10. Trading volume was normal. The stock has been strong relative to the market over the last nine months but has declined -4.6% during the last week.

About John Lafferty 122561 Articles

During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.