What Facts Should You Know About New York Times Company (NYT)?

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.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.