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After finishing at $28.27 in the prior trading day, News Corp (NASDAQ: NWSA) closed at $28.15, down -0.42%. In other words, the price has decreased by -$0.42 from its previous closing price. On the day, 3.0 million shares were traded.
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 8.02 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.83. 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.
On January 10, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $36.
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. 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:
As of this moment, News’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.98, and their Forward P/E ratio for the next fiscal year is 27.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.79 while its Price-to-Book (P/B) ratio in mrq is 1.94.
Stock Price History:
Over the past 52 weeks, NWSA has reached a high of $30.69, while it has fallen to a 52-week low of $23.38. The 50-Day Moving Average of the stock is 4.67%, while the 200-Day Moving Average is calculated to be 2.30%.
Shares Statistics:
A total of 377.54M shares are outstanding, with a floating share count of 376.90M. Insiders hold about 33.42% of the company’s shares, while institutions hold 66.43% stake in the company.
