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The New York Times Company (NYSE:NYT) has been given a consensus rating of “Hold” by the nine ratings firms that are covering the company, Stock Ratings News reports. Seven research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $13.75.

Shares of The New York Times Company (NYSE:NYT) opened at 12.50 on Thursday. The New York Times Company has a 1-year low of $10.90 and a 1-year high of $17.37. The stock’s 50-day moving average is $14.24 and its 200-day moving average is $15.23. The company has a market cap of $1.879 billion and a price-to-earnings ratio of 38.88.

The New York Times Company (NYSE:NYT) last released its earnings data on Tuesday, July 29th. The company reported $0.07 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.09 by $0.02. The company had revenue of $388.70 million for the quarter, compared to the consensus estimate of $390.50 million. During the same quarter last year, the company posted $0.14 earnings per share. The New York Times Company’s revenue was down .6% compared to the same quarter last year. Analysts expect that The New York Times Company will post $0.36 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Jefferies Group reiterated a “hold” rating on shares of The New York Times Company in a research note on Wednesday, July 30th. They now have a $13.00 price target on the stock, down previously from $15.00. Separately, analysts at Zacks reiterated a “neutral” rating on shares of The New York Times Company in a research note on Wednesday, July 30th. They now have a $14.00 price target on the stock. Finally, analysts at FBR Capital Markets cut their price target on shares of The New York Times Company from $14.00 to $13.00 in a research note on Tuesday, July 29th. They now have a “market perform” rating on the stock.

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

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