The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $31.85 in the prior trading day, News Corp (NASDAQ: NWS) closed at $31.82, down -0.09%. In other words, the price has decreased by -$0.09 from its previous closing price. On the day, 0.62 million shares were traded. NWS stock price reached its highest trading level at $31.98 during the session, while it also had its lowest trading level at $31.56.
Ratios:
Our goal is to gain a better understanding of NWS by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.44. For the most recent quarter (mrq), Quick Ratio is recorded 1.60 and its Current Ratio is at 1.68. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.34.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 05 ’24 when Kline David R sold 10,000 shares for $26.96 per share. The transaction valued at 269,626 led to the insider holds 0 shares of the business.
Kline David R bought 10,000 shares of NWS for $269,626 on Sep 05 ’24. On Aug 15 ’24, another insider, Kline David R, who serves as the Chief Technology Officer of the company, sold 13,704 shares for $27.42 each. As a result, the insider received 375,729 and left with 10,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWS now has a Market Capitalization of 16494469120 and an Enterprise Value of 19712698368. As of this moment, News’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.28, and their Forward P/E ratio for the next fiscal year is 30.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 1.92 whereas that against EBITDA is 14.254.
Stock Price History:
The Beta on a monthly basis for NWS is 1.24, which has changed by 0.14091074 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, NWS has reached a high of $35.25, while it has fallen to a 52-week low of $26.04. The 50-Day Moving Average of the stock is 1.60%, while the 200-Day Moving Average is calculated to be 3.94%.
Shares Statistics:
The stock has traded on average 742.47K shares per day over the past 3-months and 623290 shares per day over the last 10 days, according to various share statistics. A total of 189.08M shares are outstanding, with a floating share count of 101.66M. Insiders hold about 82.04% of the company’s shares, while institutions hold 12.80% stake in the company. Shares short for NWS as of 1747267200 were 6319344 with a Short Ratio of 8.51, compared to 1744675200 on 6155279. Therefore, it implies a Short% of Shares Outstanding of 6319344 and a Short% of Float of 5.6799997.
Dividends & Splits
In the trailing 12 months, NWS’s forward annual dividend rate was 0.2, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.006279435The stock’s 5-year Average Dividend Yield is 0.95.
Earnings Estimates
The stock of News Corp (NWS) is currently drawing attention from 2.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is $0.2, with high estimates of $0.22 and low estimates of $0.18.
Analysts are recommending an EPS of between $0.92 and $0.88 for the fiscal current year, implying an average EPS of $0.89. EPS for the following year is $0.98, with 4.0 analysts recommending between $1.07 and $0.88.
Revenue Estimates
11 analysts predict $2.09B in revenue for the current quarter. It ranges from a high estimate of $2.11B to a low estimate of $2.05B. As of the current estimate, News Corp’s year-ago sales were $2.58BFor the next quarter, 11 analysts are estimating revenue of $2.14B. There is a high estimate of $2.17B for the next quarter, whereas the lowest estimate is $2.12B.
A total of 14 analysts have provided revenue estimates for NWS’s current fiscal year. The highest revenue estimate was $8.94B, while the lowest revenue estimate was $8.37B, resulting in an average revenue estimate of $8.51B. In the same quarter a year ago, actual revenue was $10.09BBased on 15 analysts’ estimates, the company’s revenue will be $8.74B in the next fiscal year. The high estimate is $8.85B and the low estimate is $8.63B.
