Extremely important positive changes in fundamentals have recently occurred for The New York Times Company (NYSE: NYT): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
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.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, NYT is expected to continue to be an important Value Builder.
New York Times has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. New York Times has a very low Appreciation Score of 14 but a good Power Rating of 81, resulting in the Low Neutral Value Trend Rating.
Recent Price Action
The New York Times Company (NYSE: NYT) stock closed at $53.71 on 9/3/24 after a decline of -2.2%. NORMAL trading volume accompanied the decline. The stock has declined -2.4% during the last week but has been strong relative to the market over the last nine months.
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