- NWSA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $51.6 million.
- NWSA is up 4.7% today from today's close.
EXCLUSIVE OFFER: Get the inside scoop on opportunities in NWSA with the Ticky from Trade-Ideas. See the FREE profile for NWSA NOW at Trade-Ideas More details on NWSA: News Corporation, a media and information services company, focuses on creating and distributing authoritative and engaging content to consumers and businesses worldwide. NWSA has a PE ratio of 38.0. Currently there are 5 analysts that rate News a buy, no analysts rate it a sell, and 4 rate it a hold. The average volume for News has been 3.7 million shares per day over the past 30 days. News has a market cap of $5.9 billion and is part of the services sector and media industry. The stock has a beta of 1.08 and a short float of 3.3% with 3.90 days to cover. Shares are down 15.9% year-to-date as of the close of trading on Tuesday. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
TheStreetRatings.com Analysis:TheStreet Quant Ratings rates News as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. Highlights from the ratings report include:
- NEWS CORP reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, NEWS CORP turned its bottom line around by earning $0.41 versus -$1.92 in the prior year. This year, the market expects an improvement in earnings ($0.43 versus $0.41).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Media industry. The net income increased by 101.2% when compared to the same quarter one year prior, rising from -$1,124.00 million to $13.00 million.
- Compared to other companies in the Media industry and the overall market on the basis of return on equity, NEWS CORP underperformed against that of the industry average and is significantly less than that of the S&P 500.
- NWSA, with its decline in revenue, underperformed when compared the industry average of 8.3%. Since the same quarter one year prior, revenues slightly dropped by 3.1%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
- NWSA has underperformed the S&P 500 Index, declining 10.73% from its price level of one year ago. Looking ahead, other than the push or pull of the broad market, we do not see anything in the company's numbers that may help reverse the decline experienced over the past 12 months. Despite the past decline, the stock is still selling for more than most others in its industry.
- You can view the full News Ratings Report.