At the time of writing, News Corp [NWSA] stock is trading at $26.44, up 0.27%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The NWSA shares have gain 2.96% over the last week, with a monthly amount drifted -0.04%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
News Corp [NASDAQ: NWSA] stock has seen the most recent analyst activity on February 08, 2024, when Macquarie upgraded its rating to a Outperform. On January 25, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $25 on the stock. Loop Capital downgraded its rating to a Hold and decreased its price target to $17 on October 17, 2022. Macquarie downgraded its rating to a Neutral but $21.10 remained the price target by the analyst firm on July 28, 2022. UBS upgraded its rating to Buy for this stock on July 26, 2021. In a note dated June 01, 2021, UBS downgraded an Neutral rating on this stock.
For the past year, the stock price of News Corp fluctuated between $20.11 and $28.62. Currently, Wall Street analysts expect the stock to reach $28.33 within the next 12 months. News Corp [NASDAQ: NWSA] shares were valued at $26.44 at the most recent close of the market. An investor can expect a potential return of 7.15% based on the average NWSA price forecast.
Analyzing the NWSA fundamentals
According to News Corp [NASDAQ:NWSA], the company’s sales were 10.09B for trailing twelve months, which represents an 5.92% jump. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.03 and Total Capital is 0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.27 points at the first support level, and at 26.11 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.59, and for the 2nd resistance point, it is at 26.75.
Ratios To Look Out For
It is important to note that News Corp [NASDAQ:NWSA] has a current ratio of 1.43. Also, the Quick Ratio is 1.33, while the Cash Ratio stands at 0.64. Considering the valuation of this stock, the price to sales ratio is 1.49, the price to book ratio is 1.85 and price to earnings (TTM) ratio is 57.01.
Transactions by insiders
Recent insider trading involved Kline David R, Chief Technology Officer, that happened on Sep 05 ’24 when 10000.0 shares were sold. Officer, Kline David R completed a deal on Sep 05 ’24 to buy 10000.0 shares. Meanwhile, Chief Technology Officer Kline David R sold 13704.0 shares on Aug 15 ’24.
