News Corp (NWSA) concluded trading on Thursday at a closing price of $27.25, with 3.61 million shares of worth about $98.51 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.54% during that period and on October 31, 2024 the price saw a loss of about -0.11%. Currently the company’s common shares owned by public are about 569.38M shares, out of which, 379.04M shares are available for trading.
Stock saw a price change of 5.01% in past 5 days and over the past one month there was a price change of 4.05%. Year-to-date (YTD), NWSA shares are showing a performance of 11.00% which increased to 31.77% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $20.35 but also hit the highest price of $28.62 during that period. The average intraday trading volume for News Corp shares is 2.42 million. The stock is currently trading 3.57% above its 20-day simple moving average (SMA20), while that difference is up 2.41% for SMA50 and it goes to 3.73% higher than SMA200.
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News Corp (NASDAQ: NWSA) currently have 569.38M outstanding shares and institutions hold larger chunk of about 63.90% of that.
The stock has a current market capitalization of $15.87B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 58.75, while it has posted earnings per share of $0.46 in the same period. Its PEG reads 2.96 and has Quick Ratio of 1.33 while making debt-to-equity ratio of 0.50. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NWSA, volatility over the week remained 1.94% while standing at 1.63% over the month.
Stock’s fiscal year EPS is expected to rise by 15.19% while it is estimated to increase by 20.55% in next year. EPS is likely to grow at an annualized rate of 19.85% for next 5-years, compared to annual growth of 11.96% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated News Corp (NWSA) stock as an Overweight in their note to investors on August 16, 2023, suggesting a price target of $27.50 for the stock. On January 25, 2023, Loop Capital Upgrade their recommendations, while on October 17, 2022, Loop Capital Downgrade their ratings for the stock with a price target of $17. Stock get a Neutral rating from Macquarie on July 28, 2022.
