New York & Company, Inc. (NWY) Earning Somewhat Favorable News Coverage, Analysis Finds

News headlines about New York & Company, Inc. (NYSE:NWY) have trended somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies positive and negative media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. New York & Company, Inc. earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media headlines about the specialty retailer an impact score of 46.2914114650973 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several research analysts have recently issued reports on the stock. ValuEngine upgraded shares of New York & Company, Inc. from a “sell” rating to a “hold” rating in a report on Wednesday, April 4th. Roth Capital assumed coverage on shares of New York & Company, Inc. in a report on Monday, April 2nd. They issued a “buy” rating and a $5.00 target price for the company. Finally, TheStreet upgraded shares of New York & Company, Inc. from a “d+” rating to a “c-” rating in a report on Thursday, January 18th.

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Shares of New York & Company, Inc. stock traded up $0.07 during trading hours on Friday, hitting $4.02. The company had a trading volume of 91,722 shares, compared to its average volume of 154,382. New York & Company, Inc. has a twelve month low of $1.28 and a twelve month high of $4.31. The company has a current ratio of 1.38, a quick ratio of 0.63 and a debt-to-equity ratio of 0.13. The stock has a market cap of $256.87, a price-to-earnings ratio of 40.40 and a beta of 1.46.

New York & Company, Inc. (NYSE:NWY) last issued its earnings results on Thursday, March 22nd. The specialty retailer reported $0.08 earnings per share (EPS) for the quarter. New York & Company, Inc. had a net margin of 0.61% and a return on equity of 8.17%. The business had revenue of $278.71 million during the quarter. During the same quarter in the previous year, the company posted ($0.06) EPS. analysts forecast that New York & Company, Inc. will post 0.2 earnings per share for the current fiscal year.

In related news, Director Arthur E. Reiner sold 10,529 shares of the company’s stock in a transaction on Friday, April 6th. The shares were sold at an average price of $4.00, for a total value of $42,116.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 54.30% of the stock is owned by corporate insiders.

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New York & Company, Inc. Company Profile

New York & Company, Inc is a specialty retailer of women’s fashion apparel and accessories. The Company’s branded New York & Company merchandise is sold through its national network of retail stores and online at www.nyandcompany.com. It operates approximately 490 stores, including over 80 outlet stores in over 40 states.

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