Technical Outlook And Game Plan For News Corp (NASDAQ: NWS)

News Corp (NWS) concluded trading on Wednesday at a closing price of $30.42, with 0.48 million shares of worth about $14.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.25% during that period and on January 08, 2025 the price saw a loss of about -0.13%. Currently the company’s common shares owned by public are about 189.97M shares, out of which, 102.32M shares are available for trading.

Stock saw a price change of -0.03% in past 5 days and over the past one month there was a price change of -5.82%. Year-to-date (YTD), NWS shares are showing a performance of -0.03% which increased to 17.95% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $23.99 but also hit the highest price of $32.87 during that period. The average intraday trading volume for News Corp shares is 698.07K. The stock is currently trading -1.68% below its 20-day simple moving average (SMA20), while that difference is down -2.37% for SMA50 and it goes to 7.28% higher than SMA200.

News Corp (NASDAQ: NWS) currently have 189.97M outstanding shares and institutions hold larger chunk of about 13.21% of that.

The stock has a current market capitalization of $16.22B and its 3Y-monthly beta is at 1.39. PE ratio of stock for trailing 12 months is 49.07, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 2.57 and has Quick Ratio of 1.26 while making debt-to-equity ratio of 0.49. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NWS, volatility over the week remained 2.28% while standing at 1.79% over the month.

Analysts are in expectations that News Corp (NWS) stock would likely to be making an EPS of 0.29 in the current quarter, while forecast for next quarter EPS is 0.15 and it is 1.05 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.29 which is 0.3 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.26 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 17.86% while it is estimated to increase by 19.30% in next year. EPS is likely to grow at an annualized rate of 19.10% for next 5-years, compared to annual growth of 11.96% made by the stock over the past 5-years.

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