Lee Enterprises, Incorporated (NYSE:LEE) traded at $0.98 at last check on Friday, Nov 20, making an upward move of 2.76% on its previous day’s price.
Looking at the stock we see that its previous close was $0.95 and the beta (5Y monthly) reads 1.36 with the day’s price range being $0.9500 – 1.0100. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, LEE has a high of $3.09 and a low of $0.71. The company’s stock has gained about 5.99% over that past 30 days.
On the other hand, looking at the outlook for the LEE stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, none have rated the Lee Enterprises, Incorporated (LEE) stock as a Hold, while 1 rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the LEE stock currently stands at 0, and the current price level is 12.4% off its SMA20 and 12.65% from its 50-day simple moving average. The RSI (14) is pointing at 65.03 while the volatility over the past week is 5.7% and jumps to 5.72% over the past one month. The beta value is 1.36, while the average true range (ATR) is currently pointing at 0.05. The average price target for the stock over the next 12 months is $4, with the estimates having a low of $4 and a high of $4. These price ends are 308.16% and +308.16% off the current price level respectively, although investors could be excited at the prospect of a +308.16% if the LEE share price touches on the median price of $4.
Let’s briefly compare Lee (LEE) stock to its peers. We find that today’s price change of +2.76% and -45.49% over the past 12 months for LEE competes that of New York Times Company (NYT), which has seen its stock price rise 1.22% in the latest trading session and is +31.27% over the last one year. Another of its peers Daily Journal Cp (DJCO) has climbed 1.72% today, but is -5.38% down over the past year, while A.H. Belo Corp (AHC) is also up 2.76% yet its price remains in the red at -45.49% over the same period. New has a P/E ratio of 43.05 compared to Lee’s 0 and Daily’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Lee Enterprises, Incorporated (NYSE:LEE), we note that the average 3-month trading volume was 132.71 Million, while that of the preceding 10-day period stands at 220.75 Million. Current shares outstanding are 58.36 Million.
According to data from Thomson Reuters, insiders hold 13.17% of the company’s shares while institutions hold 43.05%. The data shows that short shares as of October 29, 2020, stood at 2.07 Million at a short ratio of 14.57. This represents a 3.55% Short interest in Shares outstanding on October 29, 2020. Shares short dropped in October from the previous month at 2.24 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -31.29% down in year-to-date price movement.