USA Today Co. (NYSE:TDAY – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.10 and traded as high as $6.60. USA Today shares last traded at $6.45, with a volume of 2,489,747 shares changing hands.
Key USA Today News
Here are the key news stories impacting USA Today this week:
- Positive Sentiment: High-volume sports coverage (March Madness) — USA Today published multiple first‑round previews, expert bracket picks and live score guides that typically generate large, ad‑supported traffic during March Madness, which can boost short‑term digital ad revenue and engagement. Read More.
- Neutral Sentiment: Layoff tracker / employment coverage — MSN’s mass‑layoff tracker (syndicated/aggregated news) can attract steady readership to business/employment pages; useful for traffic but the monetization impact is less direct and depends on ad rates. Read More.
- Neutral Sentiment: Other sports updates (NBA standings) — Additional sports content like updated NBA playoff scenarios adds incremental pageviews during the season but is seasonal in value. Read More.
- Negative Sentiment: Government shutdown and legislative uncertainty — USA Today ran multiple live updates on Senate votes, the SAVE Act and shutdown risk. A real or prolonged federal shutdown tends to pressure ad demand and advertiser budgets, which could weigh on near‑term digital ad revenue for publishers. Read More. and Read More.
Analysts Set New Price Targets
Several brokerages have recently commented on TDAY. Weiss Ratings upgraded shares of USA Today from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, January 8th. Citigroup reiterated a “neutral” rating on shares of USA Today in a research note on Monday, February 2nd. Rosenblatt Securities assumed coverage on USA Today in a report on Thursday, February 12th. They set a “buy” rating and a $10.00 price target on the stock. Citizens Jmp boosted their price objective on USA Today from $6.00 to $8.00 and gave the company a “market outperform” rating in a research report on Friday, February 27th. Finally, Wall Street Zen raised USA Today from a “sell” rating to a “hold” rating in a research note on Saturday, February 7th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, USA Today currently has a consensus rating of “Moderate Buy” and a consensus price target of $7.70.
USA Today Trading Down 0.6%
The stock has a market cap of $948.86 million, a P/E ratio of -58.63 and a beta of 1.58. The stock’s 50-day moving average is $6.10 and its two-hundred day moving average is $4.99. The company has a debt-to-equity ratio of 5.72, a current ratio of 0.75 and a quick ratio of 0.73.
USA Today (NYSE:TDAY – Get Free Report) last announced its quarterly earnings results on Thursday, February 26th. The company reported ($0.21) earnings per share (EPS) for the quarter. USA Today had a net margin of 0.08% and a return on equity of 5.68%. The company had revenue of $585.00 million during the quarter.
Hedge Funds Weigh In On USA Today
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its stake in USA Today by 47.6% in the 1st quarter. AQR Capital Management LLC now owns 566,994 shares of the company’s stock worth $1,639,000 after acquiring an additional 182,824 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of USA Today by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 84,362 shares of the company’s stock valued at $244,000 after purchasing an additional 3,588 shares in the last quarter. Empowered Funds LLC increased its position in USA Today by 2.0% in the first quarter. Empowered Funds LLC now owns 951,925 shares of the company’s stock worth $2,751,000 after purchasing an additional 18,933 shares during the last quarter. Strs Ohio bought a new stake in USA Today in the first quarter worth $187,000. Finally, Savant Capital LLC purchased a new stake in USA Today during the second quarter valued at $50,000. 76.71% of the stock is owned by institutional investors.
About USA Today
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.
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