Is NYT Stock Still Undervalued At $49?
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
- Up 47% Since Beginning of 2023, How Will NY Times’ Stock Trend After Q4 Earnings?
- Up 28% This Year, How Will NY Times’ Stock Trend Following Q3 Results?
- NY Times’ Stock To Likely See Little Movement Post Q2
- NY Times’ Stock To Likely Trade Lower Post Q1
- What’s Next for NY Times’ Stock?
- NY Times’ Stock To Likely Trade Lower Post Q4
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
What if you’re looking for a more balanced portfolio instead? Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.
See all Trefis Price Estimates and Download Trefis Data here
What’s behind Trefis? See How It’s Powering New Collaboration and What-Ifs For CFOs and Finance Teams | Product, R&D, and Marketing Teams