Technical Analysis:
Based on the recent price action, NYT stock has shown a downward trend, falling from $50.55 to $49.75 in the latest trading session. The stock is currently trading below its recent high of $50.90.
News Sentiment & Fundamental Factors:
- Q4 2024 results showed mixed performance with adjusted EPS of $0.80 beating estimates of $0.74, but revenue of $726.6 million slightly missing expectations
- Digital subscription growth remains strong with 350,000 net new digital-only subscribers added, bringing total to 11.43 million
- Digital advertising revenues increased 9.5% while print advertising declined 16.4%
- Operating costs increased by 6%, with marketing expenses up 21.3%
Price Forecast for Next Week:
Based on technical indicators and recent fundamental developments:
Target Prices:
- Resistance: $50.90 (recent high)
- Support: $49.50 (recent low)
- Expected trading range: $49.25 - $50.50
Trading Recommendation:
SELL with the following rationale:
- Increasing operating costs putting pressure on margins
- Recent price decline showing bearish momentum
- Mixed Q4 results with revenue miss
- Technical indicators suggesting continued downward pressure
Price targets:
- Entry: Current price ($49.75)
- Exit: $49.25
- Stop loss: $50.90
The stock is likely to test lower levels next week due to broader market uncertainty and company-specific cost pressures. The digital growth story remains positive but is already priced in at current levels.
Technical Analysis:
Based on the recent price action, NYT stock has shown a downward trend, falling from $50.55 to $49.75 in the latest trading session. The stock is currently trading below its recent high of $50.90.
News Sentiment & Fundamental Factors:
- Q4 2024 results showed mixed performance with adjusted EPS of $0.80 beating estimates of $0.74, but revenue of $726.6 million slightly missing expectations
- Digital subscription growth remains strong with 350,000 net new digital-only subscribers added, bringing total to 11.43 million
- Digital advertising revenues increased 9.5% while print advertising declined 16.4%
- Operating costs increased by 6%, with marketing expenses up 21.3%
Price Forecast for Next Week:
Based on technical indicators and recent fundamental developments:
Target Prices:
- Resistance: $50.90 (recent high)
- Support: $49.50 (recent low)
- Expected trading range: $49.25 - $50.50
Trading Recommendation:
SELL with the following rationale:
- Increasing operating costs putting pressure on margins
- Recent price decline showing bearish momentum
- Mixed Q4 results with revenue miss
- Technical indicators suggesting continued downward pressure
Price targets:
- Entry: Current price ($49.75)
- Exit: $49.25
- Stop loss: $50.90
The stock is likely to test lower levels next week due to broader market uncertainty and company-specific cost pressures. The digital growth story remains positive but is already priced in at current levels.