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Shares of The New York Times Company (NYSE:NYT) have received an average recommendation of “Hold” from the ten ratings firms that are currently covering the stock, American Banking reports. Seven equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $13.08.

Several analysts have recently commented on the stock. Analysts at Jefferies Group initiated coverage on shares of The New York Times Company in a research note on Wednesday. They set a “hold” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of The New York Times Company in a research note on Tuesday, May 6th. They now have a $17.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of The New York Times Company from a “sell” rating to a “neutral” rating in a research note on Monday, April 28th.

Shares of The New York Times Company (NYSE:NYT) traded down 3.00% during mid-day trading on Thursday, hitting $15.21. 187,535 shares of the company’s stock traded hands. The New York Times Company has a 52-week low of $10.82 and a 52-week high of $17.37. The stock has a 50-day moving average of $15.23 and a 200-day moving average of $15.42. The company has a market cap of $2.286 billion and a price-to-earnings ratio of 39.30.

The New York Times Company (NYSE:NYT) last announced its earnings results on Thursday, April 24th. The company reported $0.07 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.03 by $0.04. The company had revenue of $390.40 million for the quarter, compared to the consensus estimate of $384.73 million. During the same quarter last year, the company posted $0.04 earnings per share. The company’s quarterly revenue was up 2.5% on a year-over-year basis. Analysts expect that The New York Times Company will post $0.43 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, July 31st. Shareholders of record on Thursday, July 17th will be paid a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 1.02%. The ex-dividend date is Tuesday, July 15th.

The New York Times Company is a global media organization engaged in creating, collecting and distributing news and information.

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