The media company has seen only modest revenue growth but improved operating results (due to its increasing revenue in non-subscription segments) since the pandemic.
New York Times Co. (NYSE: NYT) has a price-to-earnings ratio of 41.16x that is above its average ratio. Additionally, the 36-month beta value for NYT is 1.12. The public float for NYT is 159.71M and currently, short sellers hold a 3.75% ratio of that float. The average trading volume of NYT on Octo
We expect NYT stock to likely see little to no movement with both revenues and earnings matching consensus expectations for its second-quarter results.