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

Press coverage about New York & Company, Inc. (NYSE:NWY) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. New York & Company, Inc. earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned news headlines about the specialty retailer an impact score of 46.3771656005085 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of NYSE:NWY traded up $0.04 during mid-day trading on Wednesday, hitting $5.04. The company had a trading volume of 258,047 shares, compared to its average volume of 230,831. The firm has a market capitalization of $310.49 million, a P/E ratio of 50.40 and a beta of 1.44. New York & Company, Inc. has a one year low of $1.30 and a one year high of $5.34.

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 for the quarter, beating the consensus estimate of $0.03 by $0.03. The company had revenue of $218.83 million during the quarter, compared to analyst estimates of $217.98 million. New York & Company, Inc. had a net margin of 1.39% and a return on equity of 15.66%. During the same quarter in the previous year, the business posted ($0.07) EPS. equities research analysts anticipate that New York & Company, Inc. will post 0.2 EPS for the current fiscal year.

NWY has been the subject of several research analyst reports. Roth Capital initiated coverage on shares of New York & Company, Inc. in a research note on Monday, April 2nd. They issued a “buy” rating and a $5.00 price objective for the company. ValuEngine upgraded shares of New York & Company, Inc. from a “sell” rating to a “hold” rating in a research note on Wednesday, April 4th.

In other New York & Company, Inc. news, EVP Faeth Bradley sold 33,000 shares of the business’s stock in a transaction on Tuesday, June 26th. The shares were sold at an average price of $5.07, for a total transaction of $167,310.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Grace Nichols sold 20,500 shares of the business’s stock in a transaction on Wednesday, June 13th. The shares were sold at an average price of $4.17, for a total transaction of $85,485.00. The disclosure for this sale can be found here. 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