News Corp (NWSA) Outlook Starting To Look Brighter?

News Corp (NWSA) concluded trading on Thursday at a closing price of $28.50, with 6.94 million shares of worth about $197.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 9.36% during that period and on February 06, 2025 the price saw a loss of about -0.97%. Currently the company’s common shares owned by public are about 378.91M shares, out of which, 378.57M shares are available for trading.

Stock saw a price change of 1.50% in past 5 days and over the past one month there was a price change of 3.86%. Year-to-date (YTD), NWSA shares are showing a performance of 3.49% which increased to 18.01% 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 2.58 million. The stock is currently trading 2.07% above its 20-day simple moving average (SMA20), while that difference is up 0.68% for SMA50 and it goes to 4.70% higher than SMA200.

News Corp (NASDAQ: NWSA) currently have 378.91M outstanding shares and institutions hold larger chunk of about 67.24% of that.

The stock has a current market capitalization of $17.05B and its 3Y-monthly beta is at 1.36. PE ratio of stock for trailing 12 months is 39.31, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 2.10 and has Quick Ratio of 1.65 while making debt-to-equity ratio of 0.35. 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 2.26% while standing at 1.93% over the month.

Stock’s fiscal year EPS is expected to rise by 28.56% while it is estimated to increase by 12.36% in next year. EPS is likely to grow at an annualized rate of 18.71% for next 5-years, compared to annual growth of 11.96% made by the stock over the past 5-years.

Coverage by Citigroup stated News Corp (NWSA) stock as a Buy in their note to investors on January 10, 2025, suggesting a price target of $36 for the stock. On February 08, 2024, Macquarie Upgrade their recommendations, while on August 16, 2023, Morgan Stanley Resumed their ratings for the stock with a price target of $27.50. Stock get a Buy rating from Loop Capital on January 25, 2023.

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