USA Today (NYSE:TDAY) Reaches New 12-Month High – What’s Next?
by Renee Jackson · The Cerbat GemShares of USA Today Co. (NYSE:TDAY – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $6.22 and last traded at $6.01, with a volume of 598368 shares traded. The stock had previously closed at $5.88.
Trending Headlines about USA Today
Here are the key news stories impacting USA Today this week:
- Positive Sentiment: Executed a binding Letter of Intent to buy The Detroit News — expands USA TODAY Co.’s local-news footprint and subscriber base, which could boost recurring revenue and scale. USA TODAY Co. Announces Execution of Binding Letter of Intent With MediaNews Group
- Positive Sentiment: Press coverage frames the acquisition as the end of a joint-operating era and a return to standalone local ownership — a narrative that may reassure readers and local advertisers about continuity. USA TODAY Co. moves to buy The Detroit News after joint-operating era ends
- Neutral Sentiment: High-volume sports and seasonal content published (NFL playoff guides, TV listings, college basketball coverage) supports traffic and ad impressions but is routine editorial activity unlikely to move fundamentals by itself. Example coverage: Seahawks vs Rams preview. Seahawks vs Rams predictions, picks, odds for NFL playoff game today
- Negative Sentiment: Financial and execution risks: TDAY carries high leverage (debt/equity ~4.66) and recently missed EPS and revenue estimates — an acquisition could strain the balance sheet and raise investor concern about financing and integration. (Background: Q3 earnings miss and elevated leverage.)
Analyst Ratings Changes
Several equities research analysts recently commented on TDAY shares. Weiss Ratings raised USA Today from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, January 8th. Wall Street Zen lowered shares of USA Today from a “hold” rating to a “sell” rating in a research note on Saturday, November 8th. Finally, Citigroup lifted their price target on shares of USA Today from $4.30 to $5.10 and gave the company a “neutral” rating in a research note on Wednesday, November 12th. One analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $5.55.
Read Our Latest Research Report on USA Today
USA Today Stock Up 1.5%
The company has a debt-to-equity ratio of 4.66, a quick ratio of 0.67 and a current ratio of 0.69. The stock’s 50 day simple moving average is $4.84 and its 200 day simple moving average is $4.38. The firm has a market cap of $878.25 million, a P/E ratio of 28.43 and a beta of 1.52.
USA Today (NYSE:TDAY – Get Free Report) last released its quarterly earnings data on Thursday, October 30th. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.17). The business had revenue of $560.80 million during the quarter, compared to the consensus estimate of $575.58 million. USA Today had a net margin of 4.11% and a return on equity of 42.98%.
Institutional Trading of USA Today
Several institutional investors and hedge funds have recently modified their holdings of TDAY. Two Seas Capital LP boosted its position in shares of USA Today by 26.3% during the third quarter. Two Seas Capital LP now owns 14,180,621 shares of the company’s stock valued at $58,566,000 after buying an additional 2,950,000 shares during the last quarter. Vanguard Group Inc. lifted its stake in USA Today by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 8,536,026 shares of the company’s stock valued at $35,254,000 after acquiring an additional 164,690 shares in the last quarter. SG Americas Securities LLC boosted its holdings in USA Today by 172.6% during the 4th quarter. SG Americas Securities LLC now owns 5,898,579 shares of the company’s stock worth $26,839,000 after acquiring an additional 3,735,152 shares during the last quarter. Cooperman Leon G grew its stake in shares of USA Today by 0.4% in the 3rd quarter. Cooperman Leon G now owns 5,867,209 shares of the company’s stock worth $24,232,000 after acquiring an additional 23,151 shares in the last quarter. Finally, Nomura Holdings Inc. raised its holdings in shares of USA Today by 721.0% in the second quarter. Nomura Holdings Inc. now owns 3,520,099 shares of the company’s stock valued at $12,602,000 after purchasing an additional 3,091,333 shares during the last quarter. 76.71% of the stock is owned by hedge funds and other institutional investors.
USA Today Company Profile
Gannett Co, Inc (NYSE: GCI) is a media and marketing solutions company headquartered in McLean, Virginia. As the largest U.S. newspaper publisher by circulation, Gannett publishes USA Today alongside more than 260 local news brands. The company’s multimedia platforms include daily and weekly newspapers, websites, mobile apps and a network of subscription-based digital products.
In addition to journalism and content production, Gannett offers a suite of digital marketing services designed to help small and medium-sized businesses grow online.