News Corporation [NASDAQ: NWSA] gained 0.58% on the last trading session, reaching $13.85 price per share at the time.
News Corporation represents 588.50 million in outstanding shares, while the company has a total market value of $8.11 billion with the latest information. NWSA stock price has been found in the range of $13.75 to $13.98.
If compared to the average trading volume of 2.14M shares, NWSA reached a trading volume of 1348831 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about News Corporation [NWSA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NWSA shares is $15.41 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NWSA stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
JP Morgan have made an estimate for News Corporation shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 22, 2020. The new note on the price target was released on August 12, 2019, representing the official price target for News Corporation stock.
The Average True Range (ATR) for News Corporation is set at 0.42, with the Price to Sales ratio for NWSA stock in the period of the last 12 months amounting to 0.90. The Price to Book ratio for the last quarter was 1.08, with the Price to Cash per share for the same quarter was set at 2.59. Price to Free Cash Flow for NWSA in the course of the last twelve months was 44.08 with Quick ratio for the last quarter at 1.20.
Trading performance analysis for NWSA stock
News Corporation [NWSA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.21. With this latest performance, NWSA shares dropped by -4.94% in over the last four-week period, additionally plugging by 64.20% over the last 6 months – not to mention a rise of 1.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NWSA stock in for the last two-week period is set at 40.56, with the RSI for the last a single of trading hit 37.30, and the three-weeks RSI is set at 43.98 for News Corporation [NWSA]. The present Moving Average for the last 50 days of trading for this stock 14.71, while it was recorded at 13.97 for the last single week of trading, and 12.52 for the last 200 days.
News Corporation [NWSA]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and News Corporation [NWSA] shares currently have an operating margin of +4.16 and a Gross Margin at +37.32. News Corporation’s Net Margin is presently recorded at -14.09.
Return on Total Capital for NWSA is now 3.31, given the latest momentum, and Return on Invested Capital for the company is -12.65. Return on Equity for this stock declined to -15.17, with Return on Assets sitting at -8.47. When it comes to the capital structure of this company, News Corporation [NWSA] has a Total Debt to Total Equity ratio set at 33.45. Additionally, NWSA Total Debt to Total Capital is recorded at 25.06, with Total Debt to Total Assets ending up at 17.78. Long-Term Debt to Equity for the company is recorded at 30.72, with the Long-Term Debt to Total Capital now at 23.02.
Reflecting on the efficiency of the workforce at the company, News Corporation [NWSA] managed to generate an average of -$54,000 per employee. Receivables Turnover for the company is 6.29 with a Total Asset Turnover recorded at a value of 0.60.News Corporation’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.20 and a Current Ratio set at 1.30.
News Corporation [NWSA]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, News Corporation posted 0.04/share EPS, while the average EPS was predicted by analysts to be reported at 0.05/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -20.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NWSA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for News Corporation go to 39.02%.
An analysis of insider ownership at News Corporation [NWSA]
There are presently around $5,188 million, or 97.90% of NWSA stock, in the hands of institutional investors. The top three institutional holders of NWSA stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 65,749,732, which is approximately 3.687% of the company’s market cap and around 0.58% of the total institutional ownership; VANGUARD GROUP INC, holding 54,730,652 shares of the stock with an approximate value of $758.02 million in NWSA stocks shares; and INDEPENDENT FRANCHISE PARTNERS LLP, currently with $434.36 million in NWSA stock with ownership of nearly 0.101% of the company’s market capitalization.
Positions in News Corporation stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 139 institutional holders increased their position in News Corporation [NASDAQ:NWSA] by around 8,893,714 shares. Additionally, 174 investors decreased positions by around 18,943,302 shares, while 59 investors held positions by with 346,742,693 shares. The mentioned changes placed institutional holdings at 374,579,709 shares, according to the latest SEC report filing. NWSA stock had 41 new institutional investments in for a total of 1,196,797 shares, while 44 institutional investors sold positions of 3,507,823 shares during the same period.