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 closing price of News Corp (NASDAQ: NWSA) was $28.08 for the day, down -0.99% from the previous closing price of $28.36. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 2.8 million shares were traded.
Ratios:
Our analysis of NWSA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.35. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.35.
On January 10, 2025, Citigroup started tracking the stock assigning a Buy rating and target price of $36.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 38.73, and their Forward P/E ratio for the next fiscal year is 29.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.69 while its Price-to-Book (P/B) ratio in mrq is 1.96.
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 $22.65. The 50-Day Moving Average of the stock is -0.64%, while the 200-Day Moving Average is calculated to be 1.95%.
Shares Statistics:
A total of 378.38M shares are outstanding, with a floating share count of 377.43M. Insiders hold about 33.48% of the company’s shares, while institutions hold 67.32% stake in the company.
