In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $29.62 in the prior trading day, News Corp (NASDAQ: NWSA) closed at $29.8, up 0.61%. In other words, the price has increased by $0.61 from its previous closing price. On the day, 2.85 million shares were traded. NWSA stock price reached its highest trading level at $29.98 during the session, while it also had its lowest trading level at $29.37.
Ratios:
Our goal is to gain a better understanding of NWSA 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 7.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 24.31. For the most recent quarter (mrq), Quick Ratio is recorded 1.72 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.32.
On January 10, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $36.Citigroup initiated its Buy rating on January 10, 2025, with a $36 target price.
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 NWSA for $269,626 on Sep 05 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NWSA now has a Market Capitalization of 17690769408 and an Enterprise Value of 17981155328. As of this moment, News’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.62, and their Forward P/E ratio for the next fiscal year is 25.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.98 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 2.127 whereas that against EBITDA is 15.856.
Stock Price History:
The Beta on a monthly basis for NWSA is 1.19, which has changed by 0.08759129 over the last 52 weeks, in comparison to a change of 0.16461086 over the same period for the S&P500. Over the past 52 weeks, NWSA has reached a high of $30.75, while it has fallen to a 52-week low of $23.38. The 50-Day Moving Average of the stock is 2.61%, while the 200-Day Moving Average is calculated to be 5.73%.
Shares Statistics:
The stock has traded on average 3.26M shares per day over the past 3-months and 3984440 shares per day over the last 10 days, according to various share statistics. A total of 376.72M shares are outstanding, with a floating share count of 376.14M. Insiders hold about 33.42% of the company’s shares, while institutions hold 69.83% stake in the company. Shares short for NWSA as of 1753920000 were 7047840 with a Short Ratio of 2.16, compared to 1751241600 on 7460560. Therefore, it implies a Short% of Shares Outstanding of 7047840 and a Short% of Float of 1.87.
Dividends & Splits
In the trailing 12 months, NWSA’s forward annual dividend rate was 0.2, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.0067521944The stock’s 5-year Average Dividend Yield is 0.93.
