As of Thursday close, News Corporation’s (NASDAQ:NWSA) stock was down -$0.33, moving down -1.56 percent to $20.78. The average number of shares traded per day over the past five days has been 3,668,740 shares. 2 times new highs have been achieved over the past 5 days, with a $0.47 gain in that time frame. In the last twenty days, the average volume was 2,816,280, while in the previous 50 days, it was 2,386,018.
Since last month, NWSA stock rose 3.13%. Shares of the company fell to $19.09 on 07/26/23, the lowest level in the past month. A 52-week high of $21.69 was reached on 02/02/23 after having rallying from a 52-week low of $14.87. Since the beginning of this year, NWSA’s stock price has risen by 14.18% or $2.58, and marked a new high 12 times. However, the stock has declined by -4.20% since its 52-week high.
NWSA stock investors should be aware that News Corporation (NWSA) stock had its last reported insider trading activity 2 days ago on Aug 16. PANUCCIO SUSAN, the Chief Financial Officer of the company, disposed of 10,758 shares for $21.38 on Aug 16. It resulted in a $230,006 divestment by the insider. PANUCCIO SUSAN sold 184,212 shares at an average price of $20.97 on Aug 15. The insider now owns 165,045 shares following the transaction. On Aug 15, General Counsel Pitofsky David B sold 58,000 shares at $20.98 apiece. The transaction was valued at $1,216,608.
Valuation Metrics
Right now, News Corporation (NWSA) has a P/E ratio of about 45.37. The stock’s beta is 1.31. Besides these, the trailing price-to-sales (P/S) ratio of 1.13, the price-to-book (PB) ratio of 1.48, and the price-to-cash flow ratio of 19.81 may also be considered.
The latest dividend of $0.10 per share was paid out, remained unchanged from last year’s $0.10. On Thursday August 13 2015, a $0.0150 dividend increase was announced.
Financial Health
In the recent quarter, News Corporation’s quick ratio stood at 1.10, while its current ratio was 1.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.37, and the total debt-to-equity ratio was 0.37. On the profitability front, the trailing twelve-month gross margin is 48.50% percent. In the recent year, operating margins totaled 3.60%. Based on annual data, NWSA earned $4.75 billion in gross profit and brought in $9.88 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 6.70%. Return on equity (ROE) for the past 12 months was 3.70%.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. NWSA’s revenue fell -1.84% to $2.52 billion during the quarter, while net income inched up to $2.45 billion. During the quarter, the company generated $341.0 million in EBITDA. The liabilities of News Corporation were 7.98 billion at the end of its most recent quarter, and its total debt was $4.1 billion. The value of shareholders’ equity is $571.42 million.
Technical Picture
This quick technical analysis looks at News Corporation’s (NWSA) price momentum. With a historical volatility rate of 32.81%, the RSI 9-day stood at 57.11% on 17 August.
With respect to its five-day moving average, the current News Corporation price is up by +2.31% percent or $0.47. At present, NWSA shares trade +4.53% above its 20-day simple moving average and +28.11% percent above its 100-day simple moving average. However, the stock is currently trading approximately +9.66% above its SMA50 and +22.89% above its SMA200.
Stochastic coefficient K was 70.01% and Stochastic coefficient D was 80.42%, while ATR was 0.53. Given the Stochastic reading of 61.98% for the 14-day period, the RSI (14) reading has been calculated as 58.49%. As of today, the MACD Oscillator reading stands at 0.17, while the 14-day reading stands at 0.52.
Analyst Ratings
News Corporation (NWSA) has been rated Overweight by analysts. According to 0 brokerage firms, NWSA is a sell, and 2 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate News Corporation stock as buy, with 6 recommending it as overweight.
With a median target price of $25.00, the current consensus forecast for the stock is $20.62 – $32.00. Based on these forecasts, analysts predict News Corporation (NWSA) will achieve an average price target of $25.45.
