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Consensus Estimates and Trading Data for The New York Times Company

12 February, 2018, 01:06 | Author: Lloyd Doyle
  • The New York Times shares soar on earnings beat as digital subscriptions surge

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide.

While the company's shares skyrocketed over the course of 2017, President Donald Trump continues to call the newspaper a "failing" one. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,622 shares of the company's stock valued at $160,000 after purchasing an additional 2,333 shares during the last quarter. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock. Moreover the Company's Year To Date performance was 19.73%. The stock appeared 0.83% upward to its 52-week high and 73.25% above its 52-week low. The Company's businesses include newspapers, such as The New York Times (The Times); Websites, including NYTimes.com; mobile applications, including The Times's news applications, as well as interest-specific applications, such as NYT Cooking, Crossword and others, and related businesses, such as The Times news services division, product review and recommendation Websites The Wirecutter and The Sweethome, digital archive distribution, NYT Live (its live events business) and other products and services under The Times brand.

The New York Times Company on 9/29/2017 reported its EPS as $0.3 with the analysts projecting the EPS of the stock as $0.24. It is the "top line" or "gross income" figure from which costs are subtracted to determine net income.

In a tough environment for journalism, The New York Times Company continued to post significant subscriber growth, propelling the company to a healthy 2017.

Analysts believe that the company has the potential to earn average revenue of $404.9 Million for the current quarter.


A moving average (MA) is a trend-following or lagging indicator because it is based on past prices. The average true range is a moving average, generally 14 days, of the true ranges.

The New York Times Company (NYT) has demonstrated a 20-day simple moving average (SMA) of 2.03%, and a 50-day SMA of 11.99%. Volatility can either be measured by using the standard deviation or variance between returns from that same security or market index.

By taking a look at the stock's current statistics it can gauged that the stock candle is BULLISH with HIGH volatility.

Technical analysts have little regard for the value of a company. "Ultimately, through all this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold". Jefferies Group reaffirmed a "hold" rating and set a $18.00 target price on shares of New York Times in a report on Monday, October 16th. The recommendation scale measures the value from 1 to 5, where 1 means "Buy" and 5 stands for "Sell". One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The stock is strong among movers in the past month, as it showed 25.77% return. The stock showed rise in half yearly performance of 29.44% and maintained strong performance for the year at 64.86%.

For Q1, it's expecting subscription revenues to increase in mid to high single digits Y/Y, and ad revenues to decrease in mid to high single digits.

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