Trade-Ideas LLC identified

New York Times

(

NYT

) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified New York Times as such a stock due to the following factors:

  • NYT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $9.1 million.
  • NYT has traded 86.6418000000000034788172342814505100250244140625 options contracts today.
  • NYT is making at least a new 3-day high.
  • NYT has a PE ratio of 5.
  • NYT is mentioned 1.48 times per day on StockTwits.
  • NYT has not yet been mentioned on StockTwits today.
  • NYT is currently in the upper 20% of its 1-year range.
  • NYT is in the upper 35% of its 20-day range.
  • NYT is in the upper 45% of its 5-day range.
  • NYT is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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More details on NYT:

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various media worldwide. The stock currently has a dividend yield of 1.1%. NYT has a PE ratio of 5. Currently there are no analysts that rate New York Times a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for New York Times has been 921,600 shares per day over the past 30 days. New York Times has a market cap of $2.2 billion and is part of the services sector and media industry. The stock has a beta of 1.82 and a short float of 5.2% with 10.09 days to cover. Shares are up 6.2% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates New York Times as a

hold

. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Media industry. The net income increased by 175.3% when compared to the same quarter one year prior, rising from -$12.50 million to $9.42 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 7.3%. Since the same quarter one year prior, revenues slightly increased by 0.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Looking at where the stock is today compared to one year ago, we find that it is not only higher, but it has also clearly outperformed the rise in the S&P 500 over the same period. Although other factors naturally played a role, the company's strong earnings growth was key. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry, implying reduced upside potential.
  • NEW YORK TIMES CO reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, NEW YORK TIMES CO reported lower earnings of $0.22 versus $0.36 in the prior year. This year, the market expects an improvement in earnings ($0.63 versus $0.22).
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Media industry and the overall market on the basis of return on equity, NEW YORK TIMES CO has outperformed in comparison with the industry average, but has underperformed when compared to that of the S&P 500.

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