# The New York Times Company  Share Price Target ‘$48.71’, now -7.0% Downside Potential

- Link: https://www.directorstalkinterviews.com/the-new-york-times-company-share-price-target-48.71-now-7.0-downside-potential/4121164673
- Published: 2024-07-12T14:52:05+01:00
- Author: Charlotte Edwards

**The New York Times Company** with ticker code (NYT) have now 7 market analysts
covering the stock. The analyst consensus now points to a rating of ‘buy’. The target
price High/Low ranges between $57.00 and $40.00 calculating the average target share
price we see $48.71. (at the time of writing). Given that the stocks previous close
was at $52.38 this is indicating there is a potential downside of -7.0%. Also worth
taking note is the 50 day moving average now sits at $49.55 and the 200 moving average
now moves to $45.70. The company has a market capitalization of 8.64B. The stock
price for the company is currently $52.59 USD

 The potential market cap would be $8,035,677,132 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 34.83, revenue per share of $14.78
and a 7.94% return on assets.

The New York Times Company is a global media organization that includes newspapers,
digital and print products, and related businesses. It is focused on creating, collecting,
and distributing news and information that helps the audience understand and engage
with the world. The Company’s news product, The New York Times (The Times) is available
on mobile applications, on its Website (NYTimes.com) and as a printed newspaper,
and with associated content such as podcasts. The Company’s interest-specific products
include The Athletic, Games, Cooking, and Audm (read-aloud audio service), which
are available on mobile applications and Websites; Wirecutter, an online review 
and recommendation product; and The Athletic. Its other businesses include licensing
operations; commercial printing operations; live events business; and other products
and services under The Times brand. The Times’s print edition newspaper is published
seven days a week in the United States.

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