New York Times Company moved 0.5% this evening session, trading between a high of $42.79 and a low of $42.03 per share. Yesterday the stock finished at $42.44 per share, compared to an average analyst target price of $43.58.
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The mid-cap newspapers/magazines company is based in the United States, and over the last twelve months it has returned a dividend yield of 0.9%. New York Times Company has trailing twelve months earnings per share (EPS) of 1.06, which at today's prices amounts to a price to earnings (P/E) ratio of 40.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.28. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-28 | 2,308,321 | -1,208,933 | 48 | -4.0 |
| 2022-02-23 | 2,074,877 | -1,039,568 | 50 | 8.7 |
| 2021-02-25 | 1,783,639 | -959,312 | 46 | 2.22 |
| 2020-02-27 | 1,812,184 | -988,159 | 45 | -2.17 |
| 2019-02-26 | 1,748,598 | -947,884 | 46 | -26.98 |
| 2018-02-27 | 1,675,639 | -616,342 | 63 |
New York Times Company's 49.7% average gross margins are thinner than the 46.55% average of the Publishing industry, implying that the firm might be lacking in competitivity.
