For its fourth fiscal quarter (ending December 31), The New York Times Co (NYSE: NYT) has reported a 24% increase in E.P.S. from $0.33 a year ago to $0.41 in the current quarter. This performance was $0.12 better than the consensus estimate of $0.29. E.P.S. were $0.84 for the latest four quarters through December 31 versus $0.76 for the same period a year ago — an increase of 11%.
Recent Price Action
The New York Times Co (NYSE: NYT) stock closed at $38.55 on 2/6/20 after a major increase of 12.7%. Moreover, exceptionally high trading volume at 454% of normal accompanied the advance. The stock has risen 19.8% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, NYT is expected to continue to be a Value Builder.
New York Times has a current Value Trend Rating of F (Lowest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. New York Times has a slightly negative Power Rating of 36 and a poor Appreciation Score of 15, with the Lowest Value Trend Rating the result.
In light of this new information and very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.