Is NYT Stock Still Undervalued At $49?

+52.19%
Upside
29.20
Market
44.44
Trefis
NYT: New York Times logo
NYT
New York Times

New York Times (NYSE:NYT) stock, a diversified media company that includes newspapers, internet businesses, television and radio stations, has declined by almost 3% over the last five trading days and currently stands at around $49. The market probably reacted downwards after its full-year 2020 release, where subscription revenue grew 10% year-over-year (y-o-y), but the decline in ad revenue (-26% y-o-y), as well as the declines in higher-cost and higher-margin print subscriptions, offset the growth in digital. In comparison, the broader S&P 500 returned close to 2% growth over the last five days. Now, is NYT stock poised to fall further? We believe that the company’s stock is undervalued at 39x consensus 2022 earnings and that the stock could grow going forward. Specifically, there is a 60% chance of a rise in NYT’s stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last five years. See our analysis on New York Times Stock Chances of Rise for more details.

5 Day: NYT -2.7%, vs. S&P500 1.5%; Underperformed market (18% likelihood event)

  • New York Times stock declined 2.7% over a five-day trading period, compared to broader market (S&P500) rise of 1.5%
  • A change of -2.7% or more over five trading days is a 18% likelihood event, which has occurred 225 times out of 1256 in the last five years

Relevant Articles
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  6. Can NY Times’ Stock Rebound After An 11% Drop?

10 Day: NYT -0.3%, vs. S&P500 6.2%; Underperformed market(43% likelihood event)

  • New York Times stock declined 0.3% over the last ten trading days (two weeks), compared to a broader market (S&P500) rise of 6.2%
  • A change of -0.3% or more over ten trading days is a 43% likelihood event, which has occurred 544 times out of 1240 in the last five years

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