The New York Times Company (NYT)

NYSE: NYT · IEX Real-Time Price · USD
43.22
-0.85 (-1.93%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

NYT has a market cap or net worth of $7.25 billion. The enterprise value is $6.80 billion.

Market Cap 7.25B
Enterprise Value 6.80B

Important Dates

The next estimated earnings date is Wednesday, May 8, 2024, before market open.

Earnings Date May 8, 2024
Ex-Dividend Date Apr 1, 2024

Share Statistics

NYT has 163.67 million shares outstanding. The number of shares has decreased by -0.88% in one year.

Shares Outstanding 163.67M
Shares Change (YoY) -0.88%
Shares Change (QoQ) +0.57%
Owned by Insiders (%) 1.69%
Owned by Institutions (%) 92.03%
Float 151.30M

Valuation Ratios

The trailing PE ratio is 30.87 and the forward PE ratio is 25.69. NYT's PEG ratio is 2.11.

PE Ratio 30.87
Forward PE 25.69
PS Ratio 2.99
Forward PS 2.80
PB Ratio 4.11
P/FCF Ratio 21.44
PEG Ratio 2.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 18.05, with an EV/FCF ratio of 20.11.

EV / Earnings 29.24
EV / Sales 2.80
EV / EBITDA 18.05
EV / EBIT 24.17
EV / FCF 20.11

Financial Position

The company has a current ratio of 1.28, with zero debt.

Current Ratio 1.28
Quick Ratio 1.13
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage -13.32

Financial Efficiency

Return on equity (ROE) is 14.10% and return on invested capital (ROIC) is 12.05%.

Return on Equity (ROE) 14.10%
Return on Assets (ROA) 9.10%
Return on Capital (ROIC) 12.05%
Revenue Per Employee $411,212
Profits Per Employee $39,388
Employee Count 5,900
Asset Turnover 0.95
Inventory Turnover n/a

Taxes

In the past 12 months, NYT has paid $69.84 million in taxes.

Income Tax 69.84M
Effective Tax Rate 23.11%

Stock Price Statistics

The stock price has increased by +15.22% in the last 52 weeks. The beta is 1.01, so NYT's price volatility has been similar to the market average.

Beta (1Y) 1.01
52-Week Price Change +15.22%
50-Day Moving Average 45.05
200-Day Moving Average 43.51
Relative Strength Index (RSI) 42.70
Average Volume (30 Days) 1,340,934

Short Selling Information

The latest short interest is 5.07 million, so 3.10% of the outstanding shares have been sold short.

Short Interest 5.07M
Short Previous Month 4.44M
Short % of Shares Out 3.10%
Short % of Float 3.35%
Short Ratio (days to cover) 3.59

Income Statement

In the last 12 months, NYT had revenue of $2.43 billion and earned $232.39 million in profits. Earnings per share was $1.40.

Revenue 2.43B
Gross Profit 1.18B
Operating Income 276.27M
Pretax Income 302.22M
Net Income 232.39M
EBITDA 376.47M
EBIT 281.12M
Earnings Per Share (EPS) $1.40
Full Income Statement

Balance Sheet

The company has $451.57 million in cash and no debt, giving a net cash position of $451.57 million or $2.76 per share.

Cash & Cash Equivalents 451.57M
Total Debt n/a
Net Cash 451.57M
Net Cash Per Share $2.76
Equity / Book Value 1.76B
Book Value Per Share 10.77
Working Capital 170.09M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $360.62 million and capital expenditures -$22.67 million, giving a free cash flow of $337.95 million.

Operating Cash Flow 360.62M
Capital Expenditures -22.67M
Free Cash Flow 337.95M
FCF Per Share $2.05
Full Cash Flow Statement

Margins

Gross margin is 48.52%, with operating and profit margins of 11.39% and 9.58%.

Gross Margin 48.52%
Operating Margin 11.39%
Pretax Margin 12.46%
Profit Margin 9.58%
EBITDA Margin 15.52%
EBIT Margin 11.59%
FCF Margin 13.93%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 1.20%.

Dividend Per Share $0.52
Dividend Yield 1.20%
Dividend Growth (YoY) 21.05%
Years of Dividend Growth 5
Payout Ratio 37.14%
Buyback Yield 0.88%
Shareholder Yield 2.09%
Earnings Yield 3.21%
FCF Yield 4.66%
Dividend Details

Analyst Forecast

The average price target for NYT is $44.60, which is 3.19% higher than the current price. The consensus rating is "Buy".

Price Target $44.60
Price Target Difference 3.19%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) 5.50%
EPS Growth Forecast (5Y) 12.56%
Stock Forecasts

Stock Splits

The last stock split was on July 2, 1998. It was a forward split with a ratio of 2:1.

Last Split Date Jul 2, 1998
Split Type Forward
Split Ratio 2:1

Scores

NYT has an Altman Z-Score of 6.97 and a Piotroski F-Score of 8.

Altman Z-Score 6.97
Piotroski F-Score 8