As on Wednesday, News Corp (NASDAQ: NWS) started slowly as it slid -0.28% to $31.69, before settling in for the price of $31.78 at the close. Taking a more long-term approach, NWS posted a 52-week range of $21.84-$32.75.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
The Communication Services Sector giants’ yearly sales growth during the last 5-year period was 0.30%. Meanwhile, its Annual Earning per share during the time was 11.96%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 16.23%. This publicly-traded company’s shares outstanding now amounts to $190.42 million, simultaneously with a float of $102.42 million. The organization now has a market capitalization sitting at $16.90 billion. At the time of writing, stock’s 50-day Moving Average stood at $28.75, while the 200-day Moving Average is $27.67.
News Corp (NWS) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Entertainment industry. News Corp’s current insider ownership accounts for 81.99%, in contrast to 13.23% institutional ownership. According to the most recent insider trade that took place on Sep 05 ’24, this organization’s Chief Technology Officer sold 10,000 shares at the rate of 26.96, making the entire transaction reach 269,626 in total value, affecting insider ownership by 0.
News Corp (NWS) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.15 per share during the current fiscal year.
News Corp’s EPS increase for this current 12-month fiscal period is 16.23% and is forecasted to reach 0.98 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 19.85% through the next 5 years, which can be compared against the 11.96% growth it accomplished over the previous five years trading on the market.
News Corp (NASDAQ: NWS) Trading Performance Indicators
Let’s observe the current performance indicators for News Corp (NWS). It’s Quick Ratio in the last reported quarter now stands at 1.26. The Stock has managed to achieve an average true range (ATR) of 0.65. Alongside those numbers, its PE Ratio stands at $51.12, and its Beta score is 1.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.66. Similarly, its price to free cash flow for trailing twelve months is now 22.53.
In the same vein, NWS’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.62, a figure that is expected to reach 0.29 in the next quarter, and analysts are predicting that it will be 0.98 at the market close of one year from today.
Technical Analysis of News Corp (NWS)
Through scrutinizing the latest numbers posted by the [News Corp, NWS], it can be observed that its last 5-days Average volume of 1.0 million was better the volume of 0.74 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 45.45% While, its Average True Range was 0.70.
Raw Stochastic average of News Corp (NWS) in the period of the previous 100 days is set at 84.20%, which indicates a major rise in contrast to 72.75% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 23.10% that was higher than 22.88% volatility it exhibited in the past 100-days period.
