News Corporation (NASDAQ:NWSA – Get Free Report)’s stock price reached a new 52-week low during trading on Friday . The stock traded as low as $22.85 and last traded at $23.42, with a volume of 580112 shares changing hands. The stock had previously closed at $24.21.
News News Roundup
Here are the key news stories impacting News this week:
- Positive Sentiment: Q2 earnings and revenue beat—News reported $0.40 EPS vs. $0.33 expected and revenue of $2.36B (vs. $2.30B consensus), with revenue up ~5.5% year-over-year; management highlighted strength at Dow Jones, digital real estate and book publishing. News Corporation Q2 Earnings Surpass Estimates, Revenues Rise Y/Y
- Positive Sentiment: Management signaled an expanded buyback and highlighted continued double-digit growth at Dow Jones and digital real estate — a capital-return and growth mix that typically supports share prices. News Corporation signals expanded buyback and continued double-digit growth in Dow Jones and digital real estate
- Positive Sentiment: Dividend declared—News announced a $0.10 per-share dividend with a record date of March 11 and payment April 8, which can attract income-focused holders and support demand. (Company release)
- Neutral Sentiment: Analyst consensus remains mixed-to-modestly positive: some outlets report a “moderate buy”/bullish tilt from street analysts even though the stock has underperformed the broader market over the past year. News Corporation Stock: Is Wall Street Bullish or Bearish?
- Neutral Sentiment: Deeper-quarter analysis available — writeups compare key metrics to estimates and prior-year results, useful for investors assessing sustainability of growth and margins. Compared to Estimates, News Corp. (NWSA) Q2 Earnings: A Look at Key Metrics
- Negative Sentiment: Analyst downgrade—Zacks Research cut the stock from “hold” to “strong sell,” which likely amplified selling pressure after the report. Zacks.com
- Negative Sentiment: Technical/flow pressure—trading has been heavier than average and the shares are trading near their 52-week low, which can trigger short-term weakness from momentum and stop-loss activity. (Market trading data)
Analyst Ratings Changes
Several analysts have issued reports on NWSA shares. JPMorgan Chase & Co. dropped their target price on News from $40.00 to $38.00 and set an “overweight” rating for the company in a report on Tuesday, November 25th. Guggenheim dropped their price objective on shares of News from $45.00 to $43.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Morgan Stanley set a $32.40 target price on shares of News in a research note on Friday. Zacks Research cut shares of News from a “hold” rating to a “strong sell” rating in a research note on Wednesday. Finally, Weiss Ratings lowered shares of News from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, News presently has a consensus rating of “Hold” and an average price target of $36.53.
News Stock Performance
The company has a quick ratio of 1.63, a current ratio of 1.76 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $26.10 and a 200 day moving average price of $27.40. The firm has a market capitalization of $12.63 billion, a PE ratio of 11.08 and a beta of 0.99.
News (NASDAQ:NWSA – Get Free Report) last posted its earnings results on Thursday, February 5th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.07. The firm had revenue of $2.36 billion for the quarter, compared to analyst estimates of $2.30 billion. News had a return on equity of 5.97% and a net margin of 13.35%.News’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.33 EPS. Research analysts expect that News Corporation will post 0.94 earnings per share for the current year.
News Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 11th will be issued a $0.10 dividend. The ex-dividend date is Wednesday, March 11th. This represents a dividend yield of 83.0%. News’s payout ratio is 9.66%.
Hedge Funds Weigh In On News
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NWSA. Cullen Frost Bankers Inc. purchased a new stake in shares of News during the second quarter worth $30,000. CYBER HORNET ETFs LLC acquired a new position in News during the 2nd quarter worth $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in News during the 3rd quarter worth about $31,000. Root Financial Partners LLC acquired a new stake in News in the 3rd quarter valued at about $35,000. Finally, Advisory Services Network LLC purchased a new position in shares of News in the 3rd quarter valued at about $35,000. Hedge funds and other institutional investors own 66.97% of the company’s stock.
News Company Profile
News Corporation (NASDAQ: NWSA) is a global diversified media and information services company headquartered in New York City. It operates through two principal segments: News and Information Services, and Digital Real Estate Services. The company’s news and information division oversees a portfolio of leading newspapers, magazines and digital platforms, offering content across print and online channels. Its properties include Dow Jones, publisher of The Wall Street Journal and Barron’s, News UK titles such as The Times and The Sun, as well as News Corp Australia mastheads.
In addition to its journalism assets, News Corp is a significant player in book publishing through HarperCollins, one of the world’s largest consumer publishers.
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