Analysts See $0.12 EPS for The New York Times Company (NYT)

April 12, 2018 - By Winifred Garcia

The New York Times Company (NYSE:NYT) LogoInvestors sentiment decreased to 1.44 in 2017 Q4. Its down 0.10, from 1.54 in 2017Q3. It dived, as 21 investors sold The New York Times Company shares while 52 reduced holdings. 38 funds opened positions while 67 raised stakes. 113.15 million shares or 3.98% more from 108.81 million shares in 2017Q3 were reported.
720,176 are owned by Granite Prtnrs Ltd Liability Co. Liberty Mutual Grp Asset Mngmt invested 0.02% in The New York Times Company (NYSE:NYT). 183,125 are held by Alliancebernstein Ltd Partnership. Minnesota-based Thrivent For Lutherans has invested 0% in The New York Times Company (NYSE:NYT). Profund Ltd Company holds 0.01% or 19,390 shares in its portfolio. State Treasurer State Of Michigan holds 0.01% or 45,200 shares. 18,995 were accumulated by Ing Groep Nv. Jpmorgan Chase & Communication accumulated 296,704 shares or 0% of the stock. The Jersey-based Contrarius Invest Management Limited has invested 3.86% in The New York Times Company (NYSE:NYT). Weybosset Research And Mgmt Ltd Llc accumulated 1.14% or 101,550 shares. 65,667 were accumulated by Stevens Limited Partnership. Etrade Capital Mngmt owns 10,212 shares. Federated Invsts Pa stated it has 0% of its portfolio in The New York Times Company (NYSE:NYT). Spears Abacus Advsrs Ltd Com has invested 0.03% in The New York Times Company (NYSE:NYT). Parametric Associates Ltd Liability Company invested in 0.01% or 372,097 shares.

Since February 8, 2018, it had 0 insider buys, and 14 selling transactions for $54.77 million activity. TOBEN DOREEN A had sold 8,000 shares worth $191,905 on Monday, February 12. $255,270 worth of The New York Times Company (NYSE:NYT) was sold by Inversora Carso – S.A. de C.V. on Wednesday, February 21. CESAN RAUL E had sold 16,000 shares worth $402,808 on Thursday, February 22. BENTEN R ANTHONY sold $451,141 worth of stock or 18,300 shares. $1.25M worth of The New York Times Company (NYSE:NYT) was sold by Thompson Mark. 110,000 shares were sold by FOLLO JAMES M, worth $2.64 million.

Analysts expect The New York Times Company (NYSE:NYT) to report $0.12 EPS on May, 2.They anticipate $0.01 EPS change or 9.09 % from last quarter’s $0.11 EPS. NYT’s profit would be $19.78M giving it 47.81 P/E if the $0.12 EPS is correct. After having $0.39 EPS previously, The New York Times Company’s analysts see -69.23 % EPS growth. The stock increased 0.66% or $0.15 during the last trading session, reaching $22.95. About 2.95 million shares traded or 11.69% up from the average. The New York Times Company (NYSE:NYT) has risen 62.46% since April 12, 2017 and is uptrending. It has outperformed by 50.91% the S&P500.

The New York Times Company (NYSE:NYT) Ratings Coverage

Among 2 analysts covering New York Times (NYSE:NYT), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. New York Times had 3 analyst reports since October 16, 2017 according to SRatingsIntel. The stock of The New York Times Company (NYSE:NYT) has “Hold” rating given on Monday, October 16 by Jefferies. Jefferies maintained the stock with “Hold” rating in Thursday, February 8 report.

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company has market cap of $3.78 billion. The firm provides The New York Times , a daily and Sunday newspapers in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. It has a 850 P/E ratio. It also transmits articles, graphics, and photographs from The Times and other publications to approximately 2000 newspapers, magazines, and Websites; and offers product licensing, book development, news digests, and rights and permissions, as well as is involved in online retail store business.

The New York Times Company (NYSE:NYT) Institutional Positions Chart

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