News Corporation (NASDAQ:NWSA) traded with the volume of 3.45 Million Yesterday. The Stock Opened its session at $14.5 and closed at $14.11 by showing an decrease of -2.82 percent. News Corporation has 1 year price target of 15.47. The stock gained a consensus recommendation of 2 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company is expected to report its next EPS (earnings per share) on Nov 03 AMC. The company reported its last quarter on Jun 16.
On Jun 16 News Corporation (NASDAQ:NWSA) reported its EPS in the last quarter as $0.1/Share lagging the analyst estimate of $0.13/Share by the difference of $-0.03. This showed the surprise of -23.1% in the last quarter earnings. For the Current Quarter, 3 analyst are projecting the mean EPS to be $0.05/share. According to their observations and findings, the stock could provide a high EPS of $0.07/share and a Low EPS of $0.03/share.
The 9 analysts offering 12-month price forecasts for News Corp have a median target of 15.18, with a high estimate of 18.30 and a low estimate of 13.95. The median estimate represents a +7.58% increase from the last price of 14.11. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of News Corporation where they believe that the company has the potential to earn average revenue of $1.96 Billion for the current quarter. According to their predictions High & Low revenue estimates are 1.98 Billion and 1.94 Billion respectively.
News Corporation (NASDAQ:NWSA) topped its 52-week high price of $15.68 on Nov 2, 2015 and 52-Week Low Price of $10.21 on Feb 11, 2016. The Stock currently has the market capitalization of $8.54 Million, P/E (price to earnings ttm) of 50.94 and Weekly volatility of 3.22%% and monthly volatility of 2.20%% respectively.
News Corporation is currently showing 15% EPS growth this year. The Next Year EPS growth is 13%, Long term annual growth estimate of 10.79%, Annual EPS growth past 5 years of -25.74 percent. The Company currently has Insider ownership of 10.65 Percent and Institutional Ownership of 99.3 Percent. The Return on Assets stands at 1.2%, Return on Equity shows 1.5% and Return on Investment value is 1.7%.
News Corporation Gross Margin percentage stands at 0% while its Operating Margin for trailing twelve month is 1.8 percent and Profit margin (ttm) is 2.1 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.63% with the 50-Day Simple Moving Average of 3.63 percent. Currently, the company has SMA200 (200-day simple moving average) of 14.32 Percent. The Stock has YTD (year to date) performance of 7.39 percent.
Many research firms have provided their ratings on News Corporation (NASDAQ:NWSA) where Credit Agricole provided Outperformrating on the stock on 9-May-16. Other firms include Wells Fargo giving Market Perform rating on 9-Nov-15.
The latest Insider trade was made on 2 Oct 2016 where Barnes (Peter Leslie) Director did a transaction type “Buy” in which 5009 shares were traded at a price of $0. Another insider trade includes Director Bancroft (Natalie) who also initiated a transaction in which 5009 shares were traded on 2 Oct 2016 as “Buy”.
News Corp provides media and information services. It focused on creating and distributing authoritative and engaging content to consumers. The company’s business comprises of media which include news and information services, sports programming in Australia, digital real estate services, book publishing, digital education and pay-TV distribution in Australia. It operates primarily in the United States, Australia and the United Kingdom. News Corp is headquartered in New York.