Alert: Positive Investment/Fundamental Signals (2/28/24)-The New York Times Company (NYSE: NYT)

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Notable positive changes in fundamentals have recently occurred for The New York Times Company (NYSE: NYT): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

The New York Times Company (NYSE: NYT) has recently enjoyed meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend.

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.

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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 an important Value Builder.

New York Times has a current Value Trend Rating of C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. New York Times has a poor Appreciation Score of 29 but a very high Power Rating of 89, resulting in the High Neutral Value Trend Rating.

Recent Price Action

On 2/28/24, The New York Times Company (NYSE: NYT) stock declined slightly by -0.1%, closing at $43.79. However, unusually low trading volume at 66% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.3% during the last week.

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