$0.30 EPS Expected for The New York Times Company (NYT)

January 3, 2018 – By Linda Rogers

Investors sentiment decreased to 1.54 in 2017 Q3. Its down 0.11, from 1.65 in 2017Q2. It turned negative, as 16 investors sold The New York Times Company shares while 47 reduced holdings. 32 funds opened positions while 65 raised stakes. 108.81 million shares or 5.16% more from 103.47 million shares in 2017Q2 were reported.
Peoples Financial Corp stated it has 0.01% of its portfolio in The New York Times Company (NYSE:NYT). Arizona State Retirement invested in 71,295 shares. Levin Capital Strategies Ltd Partnership invested 0.03% in The New York Times Company (NYSE:NYT). Spears Abacus Advsr Lc, a New York-based fund reported 12,786 shares. Moreover, Roundview Capital Limited Liability has 0.13% invested in The New York Times Company (NYSE:NYT) for 26,000 shares. Barclays Public Limited Co has invested 0% of its portfolio in The New York Times Company (NYSE:NYT). California State Teachers Retirement Systems owns 201,124 shares. Dimensional Fund Advsr L P owns 5.13 million shares. Shine Invest Advisory Inc has 1,000 shares for 0.01% of their portfolio. Smith Asset Mgmt Group Incorporated L P has 0.06% invested in The New York Times Company (NYSE:NYT) for 95,420 shares. Raymond James And Associates accumulated 20,516 shares. James Investment Research holds 0.06% or 88,100 shares. Ameriprise holds 0% of its portfolio in The New York Times Company (NYSE:NYT) for 474,932 shares. Qvt Fincl Lp holds 0.77% in The New York Times Company (NYSE:NYT) or 1.06 million shares. Jhl Group Lc reported 27.04% stake.

Since August 8, 2017, it had 0 insider purchases, and 1 sale for $2.62 million activity.

Analysts expect The New York Times Company (NYSE:NYT) to report $0.30 EPS on February, 1.They anticipate $0.00 EPS change or 0.00 % from last quarter’s $0.3 EPS. NYT’s profit would be $48.66M giving it 15.78 P/E if the $0.30 EPS is correct. After having $0.13 EPS previously, The New York Times Company’s analysts see 130.77 % EPS growth. The stock decreased 0.08% or $0.0155 during the last trading session, reaching $18.9345. About 14,843 shares traded. The New York Times Company (NYSE:NYT) has risen 46.29% since January 3, 2017 and is uptrending. It has outperformed by 29.59% the S&P500.

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

Among 4 analysts covering New York Times (NYSE:NYT), 1 have Buy rating, 1 Sell and 2 Hold. Therefore 25% are positive. New York Times had 12 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained The New York Times Company (NYSE:NYT) on Monday, September 11 with “Hold” rating. The rating was maintained by Jefferies with “Hold” on Monday, June 5. The firm earned “Hold” rating on Thursday, July 27 by Jefferies. TheStreet upgraded the shares of NYT in report on Tuesday, August 18 to “Buy” rating. The firm has “Hold” rating given on Monday, October 16 by Jefferies. Barclays Capital maintained it with “Equal-Weight” rating and $16 target in Wednesday, July 19 report. The stock of The New York Times Company (NYSE:NYT) has “Sell” rating given on Thursday, February 9 by Singular Research. The rating was maintained by Jefferies on Monday, July 10 with “Hold”. The firm has “Hold” rating by FBR Capital given on Thursday, August 6.

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 $3.07 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 32.26 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.

More notable recent The New York Times Company (NYSE:NYT) news were published by: Nytimes.com which released: “‘I don’t know if I like the word “meltdown” so much. Things happen.’” on January 03, 2018, also Nytimes.com with their article: “The Republicans’ Fake Investigations” published on January 03, 2018, Nytimes.com published: “Hoda Kotb Named to Replace Matt Lauer as Co-Anchor of NBC’s ‘Today’” on January 02, 2018. More interesting news about The New York Times Company (NYSE:NYT) were released by: Nytimes.com and their article: “Colorado Gunman Shoots 5 Officers Near Denver, One Fatally” published on December 31, 2017 as well as Nytimes.com‘s news article titled: “AG Sulzberger, 37, to Take Over as New York Times Publisher” with publication date: December 14, 2017.