Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of News Corp (NASDAQ: NWS) closed at $33.55 in the last session, down -2.64% from day before closing price of $34.46. In other words, the price has decreased by -$2.64 from its previous closing price. On the day, 0.83 million shares were traded. NWS stock price reached its highest trading level at $34.84 during the session, while it also had its lowest trading level at $33.51.
Ratios:
We take a closer look at NWS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.44. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 17201420288 and an Enterprise Value of 21122320384. As of this moment, News’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.30, and their Forward P/E ratio for the next fiscal year is 32.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.84 while its Price-to-Book (P/B) ratio in mrq is 2.32. Its current Enterprise Value per Revenue stands at 2.057 whereas that against EBITDA is 15.273.
Stock Price History:
The Beta on a monthly basis for NWS is 1.24, which has changed by 0.20321226 over the last 52 weeks, in comparison to a change of 0.13161862 over the same period for the S&P500. Over the past 52 weeks, NWS has reached a high of $35.41, while it has fallen to a 52-week low of $26.04. The 50-Day Moving Average of the stock is 1.41%, while the 200-Day Moving Average is calculated to be 6.94%.
Shares Statistics:
According to the various share statistics, NWS traded on average about 643.51K shares per day over the past 3-months and 606960 shares per day over the past 10 days. 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 12.81% stake in the company. Shares short for NWS as of 1749772800 were 6160517 with a Short Ratio of 9.30, compared to 1747267200 on 6319344. Therefore, it implies a Short% of Shares Outstanding of 6160517 and a Short% of Float of 5.55.
Dividends & Splits
The forward annual dividend rate for NWS is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.005803831The stock’s 5-year Average Dividend Yield is 0.93.
Earnings Estimates
Current recommendations for the stock of the company come from 2.0 analysts. 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
According to 11 analysts, the current quarter’s revenue is expected to be $2.09B. 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.
