(VIANEWS) – Shares of New York Times (NYSE: NYT) jumped by a staggering 27.44% in 21 sessions from $28.64 to $36.50 at 13:50 EST on Monday, after three consecutive sessions in a row of gains. NYSE is jumping 0.13% to $15,373.37, after two consecutive sessions in a row of gains.
New York Times’s last close was $36.35, 25.24% below its 52-week high of $48.62.
About New York Times
The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. It offers The New York Times (The Times), a daily and Sunday newspaper in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. The company also transmits articles, graphics, and photographs from The Times and other publications to approximately 1,500 newspapers, magazines, and websites; licenses electronic databases to resellers in the business, professional, and library markets; and offers magazine licensing, news digests, book development, and rights and permissions. In addition, it engages in the live events business, which hosts physical and virtual live events to connect audiences with journalists and outside thought leaders; direct-sold website, mobile application, podcast, email, and video advertisements, as well as digital advertising services; operates Wirecutter, a product review and recommendation products; develops mobile applications, including games and cooking products; prints and distributes products for third parties; and offers other products and services. The company was founded in 1851 and is headquartered in New York, New York.
Earnings Per Share
As for profitability, New York Times has a trailing twelve months EPS of $0.6.
New York Times has a trailing twelve months price to earnings ratio of 60.84. Meaning,
the purchaser of the share is investing $60.84 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 12.91%.
New York Times’s sales growth is 9.9% for the present quarter and 7.7% for the next.
Growth Estimates Quarters
For the current quarter, the company expects a decline of 43.5% in growth and an increase of 9.3% for the following quarter.
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