Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
Fourth-quarter loss per share came in at $0.16, lower than the $0.24 in the corresponding period of 2023, and below the consensus estimate of $0.25, according to FinChat data.
Over the past six months, The New York Times’s shares (currently trading at $49.45) have posted a disappointing 10.4% loss while the S&P 500 was flat. This might have investors contemplating their next move.
The following is a short list of some of the many stocks going ex-dividend during the next month, which can be helpful for traders and investors interested in the stock trading technique known as “Buying Dividends” or “Dividend Capture.”
Shareholders of Cars.com would probably like to forget the past six months even happened. The stock dropped 31.7% and now trades at $12.09. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Value investing has created more billionaires than any other strategy, like Warren Buffett, who built his fortune by purchasing wonderful businesses at reasonable prices.
But these hidden gems are few and far between - many stocks that appear cheap often stay that way because they face structural issues.
Consumer discretionary businesses are levered to the highs and lows of economic cycles. This sensitive demand profile can lead to some stock price volatility, but over the past six months,
the industry has stayed on track as its 4% return was close to the S&P 500’s.
Online new and used car marketplace Cars.com (NYSE:CARS) fell short of the market’s revenue expectations in Q4 CY2024, with sales flat year on year at $180.4 million. Next quarter’s revenue guidance of $179.5 million underwhelmed, coming in 3.8% below analysts’ estimates. Its GAAP profit of $0.26 per share was 95.2% above analysts’ consensus estimates.
Shares of newspaper and digital media company The New York Times (NYSE:NYT)
fell 11.1% in the afternoon session after the company reported weak fourth quarter results. Its subscriber count fell below Wall Street's expectations, leading to revenue falling roughly in line with expectations. The company's guidance for Q1 2025 forecasts continued double-digit digital subscription revenue growth, but total advertising revenue could range from a slight decline to a small increase, indicating some uncertainty in ad performance. Overall, this quarter was weak.
Newspaper and digital media company The New York Times (NYSE:NYT) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 7.5% year on year to $726.6 million. Its non-GAAP profit of $0.80 per share was 6.3% above analysts’ consensus estimates.
Wall Street rose on Wednesday, with all major equity indices advancing as investors assessed the latest batch of corporate earnings and drew optimism from positive labor market data.
