News Corp (NWSA) concluded trading on Wednesday at a closing price of $27.16, with 3.28 million shares of worth about $89.1 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 4.10% during that period and on Wednesday the price saw a gain of about 1.34%. Currently the company’s common shares owned by public are about 378.38M shares, out of which, 377.75M shares are available for trading.
Stock saw a price change of 1.46% in past 5 days and over the past one month there was a price change of -10.10%. Year-to-date (YTD), NWSA shares are showing a performance of -1.38% which increased to 6.47% 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 $30.69 during that period. The average intraday trading volume for News Corp shares is 2.87 million. The stock is currently trading -2.18% below its 20-day simple moving average (SMA20), while that difference is down -3.43% for SMA50 and it goes to -1.78% lower than SMA200.
News Corp (NASDAQ: NWSA) currently have 378.38M outstanding shares and institutions hold larger chunk of about 67.38% of that.
The stock has a current market capitalization of $16.16B and its 3Y-monthly beta is at 1.26. PE ratio of stock for trailing 12 months is 37.46, while it has posted earnings per share of $0.72 in the same period. Its PEG reads 2.12 and has Quick Ratio of 1.65 while making debt-to-equity ratio of 0.36. 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 2.18% while standing at 2.53% over the month.
Stock’s fiscal year EPS is expected to rise by 32.03% while it is estimated to increase by 1.36% in next year. EPS is likely to grow at an annualized rate of 17.68% 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.
