New York Times Company (The) (NYSE:NYT) posted its quarterly earnings knowledge on Wednesday, November 1st. The firm reported $Zero.13 EPS for the quarter, topping the consensus estimate of $Zero.08 by $Zero.05, Bloomberg Earnings experiences. The agency had income of $385.60 million for the quarter, in comparison with the consensus estimate of $390.13 million. New York Times Company (The) had a return on fairness of 13.46% and a web margin of 6.02%. The enterprise’s income for the quarter was up 6.1% in comparison with the identical quarter final 12 months. During the identical quarter final 12 months, the corporate earned $Zero.06 earnings per share.
Shares of New York Times Company (NYSE NYT) traded up $Zero.35 throughout mid-day buying and selling on Friday, hitting $17.75. The firm’s inventory had a buying and selling quantity of 934,900 shares, in comparison with its common quantity of 1,463,078. New York Times Company has a twelve month low of $11.75 and a twelve month excessive of $20.15. The inventory has a market cap of $2,875.04, a PE ratio of 24.65 and a beta of 1.67. The firm has a fast ratio of 1.83, a present ratio of 1.83 and a debt-to-equity ratio of Zero.27.
The firm additionally just lately introduced a quarterly dividend, which was paid on Thursday, October 19th. Shareholders of document on Wednesday, October 4th have been issued a $Zero.04 dividend. This represents a $Zero.16 annualized dividend and a dividend yield of Zero.90%. The ex-dividend date was Tuesday, October third. New York Times Company (The)’s dividend payout ratio is 26.67%.
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Several badysts just lately issued experiences on the corporate. Zacks Investment Research raised New York Times Company (The) from a “hold” score to a “buy” score and set a $22.00 worth goal on the inventory in a badysis word on Monday, July 31st. Jefferies Group LLC reiterated a “hold” score and issued a $18.00 goal worth on shares of New York Times Company (The) in a report on Monday, October 16th. Finally, Barclays PLC lifted their goal worth on New York Times Company (The) from $15.00 to $16.00 and gave the inventory an “equal weight” score in a report on Wednesday, July 19th. One equities badysis badyst has rated the inventory with a promote score and 4 have issued a maintain score to the corporate’s inventory. The inventory presently has a mean score of “Hold” and a consensus worth goal of $15.45.
New York Times Company (The) Company Profile
The New York Times Company is a media firm centered on creating, ambading and distributing information and data. The Company’s principal enterprise consists of distributing content material generated by its newsroom by way of its print, Web and cellular platforms. In addition, it distributes chosen content material on third-party platforms.
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