Weekly Performance Analysis for News Corporation (NWSA)?

News Corporation (NASDAQ:NWSA) saw a downside of -0.38% to close Tuesday at $23.88 after subtracting -$0.09 on the day. The 5-day average trading volume is 1,757,640 shares of the company’s common stock. It has gained $24.51 in the past week. An average of 2,724,390 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,521,356.

NWSA’s 1-month performance is 9.14% or $1.99 on its low of $21.60 reached on 09/20/21. The company’s shares have touched a 52-week low of $12.79 and high of $27.97, with the stock’s rally to the 52-week high happening on 05/10/21. YTD, NWSA has achieved 32.89% or $5.91. However, the current price is down -14.61%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 55.96 and a low of 39.04. NWSA stock has a beta of 1.44. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.50 while the price-to-book (PB) in the most recent quarter is 1.72, with the price to cash flow ratio at 17.82.

News Corporation pays an annual dividend of $0.20 per share. Its dividend yield is 0.84% and the payout ratio is 35.80%. NWSA’s most recent quarterly dividend payment was made on Oct. 13, when it paid $0.10 a share compared with prior rate of $0.10, down 0.0% from last year’s. The company latest dividend increase of $0.0150 reported on Thursday August 13 2015.

It is projected that News Corporation’s next ex-dividend date will be on 14-Mar. NWSA is expected to distribute $0.10 as its next dividend.

News Corporation’s quick ratio for the period ended June 29 was 1.30, with the current ratio over the same period at 1.40 meaning that NWSA stock is able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending June 29 was 0.28, while the total debt to equity was 0.28. In terms of profitability, the gross margin trailing 12 months is 48.40%. The trailing 12-month EBITDA margin is 15.07% while for the period ending June 29; News Corporation’s operating margin was 4.80%. The firm’s gross profit as reported stood at $4.53 billion against revenue of $9.36 billion.

Earnings Surprise

For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected NWSA to announce $0.04 per share in earnings in its latest quarter, but it posted $0.16, representing a 300.00% surprise. EBITDA for the quarter stood at more than $210.0 million. NWSA stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 7.62 billion, with total debt at $3.59 billion. Shareholders hold equity totaling $590.84 million

Technical Picture

Let’s look briefly at News Corporation (NWSA) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 12 October was 57.77% to suggest the stock is trending Neutral, with historical volatility in this time period at 17.06%.

The stock’s 5-day moving average is $23.92, reflecting a +0.42% or $0.10 change from its current price. NWSA is currently trading +8.50% above its 20-day SMA, -11.72% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -3.48% and +34.01% respectively.

Stochastic %K and %D was 69.71% and 76.35% and the average true range (ATR) pointed at 0.57. The RSI (14) points at 56.80%, while the 14-day stochastic is at 53.68% with the period’s ATR at 0.57. The stock’s 9-day MACD Oscillator is pointing at 0.19 and 0.09 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for News Corporation (NASDAQ: NWSA), UBS upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for NWSA stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate NWSA as a “sell,”, while 1 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 0 rates the stock as overweight while 8 have offered a “buy” rating.

What is NWSA’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $29.50 and a high of $35.00, with their median price target at $32.45. Looking at these predictions, the average price target given by analysts is for News Corporation (NWSA) stock is $32.30.

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