New York Times Company (The) which can be found using ticker (NYT) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price High/Low ranges between 45 and 31.5 and has a mean target at $38.75. Now with the previous closing price of $36.97 this would imply there is now a potential upside of 4.8%. It’s also worth noting that there is a 50 day moving average of $37.23 and the 200 day MA is $32.93. The total market capitalization for the company now stands at $6,161m. You can visit the company’s website by visiting: https://www.nytco.com
The potential market cap would be $6,457m based on the market consensus.
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com website. The company also licenses articles, graphics, and photographs to newspapers, magazines and websites; and licenses content to digital aggregators in the business, professional, academic and library markets; third-party digital platforms; and for use in television, films and books. In addition, it engages in the live events business, which hosts events to connect audiences with journalists and outside thought leaders; and digital advertising business that includes direct-sold website, mobile application, podcast, email, and video advertisements. Further, the company offers The Athletic, a sports media product; Cooking, a recipe product; Games, a puzzle games product; and Audm, a read-aloud audio service that are available on mobile applications and websites, as well as Wirecutter, a product review and recommendation product. It also prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
The company has a dividend yield of 1.17% with the ex dividend date set at 4-4-2023 (DMY).
Other points of data to note are a P/E ratio of 36.69, revenue per share of 13.66 and a 6.23% return on assets.
