Somewhat Favorable News Coverage Somewhat Unlikely to Affect New York & Company, Inc. (NWY) Share Price

News coverage about New York & Company, Inc. (NYSE:NWY) has trended somewhat positive on Thursday, Accern reports. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. New York & Company, Inc. earned a coverage optimism score of 0.12 on Accern’s scale. Accern also assigned press coverage about the specialty retailer an impact score of 47.0843674248243 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Shares of New York & Company, Inc. traded down $0.02, reaching $4.18, during trading hours on Thursday, Marketbeat Ratings reports. 241,900 shares of the company’s stock were exchanged, compared to its average volume of 174,840. New York & Company, Inc. has a fifty-two week low of $1.28 and a fifty-two week high of $4.45. The firm has a market cap of $272.57 million, a PE ratio of 41.80 and a beta of 1.38. The company has a quick ratio of 0.86, a current ratio of 1.46 and a debt-to-equity ratio of 0.12.

New York & Company, Inc. (NYSE:NWY) last released its quarterly earnings data on Thursday, May 24th. The specialty retailer reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $218.83 million for the quarter, compared to analysts’ expectations of $217.98 million. New York & Company, Inc. had a return on equity of 15.74% and a net margin of 1.39%. During the same period in the previous year, the business posted ($0.07) earnings per share. equities analysts predict that New York & Company, Inc. will post 0.2 EPS for the current fiscal year.

A number of brokerages have recently commented on NWY. ValuEngine upgraded New York & Company, Inc. from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. Roth Capital began coverage on New York & Company, Inc. in a report on Monday, April 2nd. They set a “buy” rating and a $5.00 price target for the company.

In other news, Director Arthur E. Reiner sold 75,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 10th. The stock was sold at an average price of $4.16, for a total transaction of $312,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 53.80% of the company’s stock.

About New York & Company, Inc.

New York & Company, Inc operates as a specialty retailer of women's fashion apparel and accessories in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel, and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.

Insider Buying and Selling by Quarter for New York & Company, Inc. (NYSE:NWY)

Receive News & Ratings for New York & Company Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York & Company Inc. and related companies with's FREE daily email newsletter.

Leave a Reply