News Corp (NWSA) concluded trading on Wednesday at a closing price of $27.56, with 3.87 million shares of worth about $106.78 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -3.09% during that period and on January 15, 2025 the price saw a gain of about 0.04%. Currently the company’s common shares owned by public are about 379.30M shares, out of which, 378.57M shares are available for trading.
Stock saw a price change of -0.14% in past 5 days and over the past one month there was a price change of -4.90%. Year-to-date (YTD), NWSA shares are showing a performance of 0.07% which increased to 13.70% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $22.65 but also hit the highest price of $30.03 during that period. The average intraday trading volume for News Corp shares is 2.44 million. The stock is currently trading -0.57% below its 20-day simple moving average (SMA20), while that difference is down -3.32% for SMA50 and it goes to 2.13% higher than SMA200.
News Corp (NASDAQ: NWSA) currently have 379.30M outstanding shares and institutions hold larger chunk of about 68.02% of that.
The stock has a current market capitalization of $16.22B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 44.46, while it has posted earnings per share of $0.62 in the same period. Its PEG reads 2.33 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 NWSA, volatility over the week remained 2.23% while standing at 1.80% over the month.
Analysts are in expectations that News Corp (NWSA) stock would likely to be making an EPS of 0.29 in the current quarter, while forecast for next quarter EPS is 0.14 and it is 1.0 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 17.10% while it is estimated to increase by 18.58% 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.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 10, 2025 offering a Buy rating for the stock and assigned a target price of $36 to it. On August 16, 2023, Morgan Stanley Resumed their recommendations, while on January 25, 2023, Loop Capital Upgrade their ratings for the stock with a price target of $25. Stock get a Hold rating from Loop Capital on October 17, 2022.
