Media stories about New York Times (NYSE:NYT) have trended somewhat negative this week, Alpha One reports. Alpha One, a division of Accern, identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Alpha One ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. New York Times earned a media sentiment score of -0.01 on Alpha One’s scale. Alpha One also gave news coverage about the company an impact score of 71 out of 100, indicating that recent news coverage is likely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected AlphaOne’s analysis:
- ‘This is off the map’: Former intelligence officials say the reported Kushner-Russia plan is unlike anything they’ve ever seen (finance.yahoo.com)
- Feuding Continues Over Trump’s Pick For Mental Health Czar, Reports New York Times (peteearley.com)
- Ten Things We Learned From This New York Times Profile Of Moon Juice Founder Amanda Chantal Bacon (laist.com)
- Orientalist Caricatures of Chinatown Resurrected in the Pages of The New York Times (reappropriate.co)
- The New York Times issues new 'remote working policy' (finance.yahoo.com)
NYT has been the topic of a number of recent research reports. Jefferies Group LLC lifted their target price on New York Times to $12.00 and gave the company a “hold” rating in a research report on Friday, February 3rd. Singular Research started coverage on New York Times in a research report on Thursday, February 9th. They set a “sell” rating and a $7.80 price target on the stock. TheStreet raised New York Times from a “c+” rating to a “b” rating in a research report on Thursday, March 9th. Finally, Zacks Investment Research upgraded New York Times from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Tuesday, April 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and one has assigned a buy rating to the company’s stock. New York Times currently has an average rating of “Hold” and an average target price of $13.93.
Shares of New York Times (NYSE:NYT) opened at 17.25 on Monday. The stock’s 50 day moving average price is $15.83 and its 200-day moving average price is $14.33. New York Times has a 52-week low of $10.60 and a 52-week high of $17.50.
New York Times (NYSE:NYT) last issued its earnings results on Wednesday, May 3rd. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.04. The company had revenue of $398.80 million during the quarter, compared to the consensus estimate of $381.62 million. New York Times had a net margin of 1.87% and a return on equity of 11.87%. New York Times’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.10 EPS. On average, analysts expect that New York Times will post $0.64 EPS for the current year.
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New York Times Company Profile
The New York Times Company is a media company focused on creating, collecting and distributing news and information. The Company’s principal business consists of distributing content generated by its newsroom through its print, Web and mobile platforms. In addition, it distributes selected content on third-party platforms.
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