Is New Media Investment Group Inc. (NYSE:NEWM) a Long Term Growth Play?

New Media Investment Group Inc. (NYSE:NEWM) has been recommended as a long term growth pick according to Beta Research.  With their stock price currently trading around $16.90, the firm has proven a solid track record of growth over the past few years.  Investors might consider the stock as a long term growth candidate as the firm has yielded 24.60% earnings per share growth over the past 5 years and 19.50% revenue growth over that same time frame. 


Recent Performance

Let’s take a look at how the stock has been performing recently.  Over the past twelve months, New Media Investment Group Inc. (NYSE:NEWM)’s stock was 0.72%.  Over the last week of the month, it was 1.81%, 9.31% over the last quarter, and  25.74% for the past six months. 

Over the past 50 days, New Media Investment Group Inc.’s stock is -4.09% off of the high and 12.28% removed from the low.  Their 52-Week High and Low are as follows: -4.09% (High), 42.38%, (Low). 

Analyst Recommendation

Despite the past success, investors want to know where the stock is headed from here.  Analysts covering the shares have a consensus short-term price target of $17.00 on the equity.   Analysts have a consensus recommendation of 3.00 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.  

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