Media headlines about News (NASDAQ:NWSA) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. News earned a news sentiment score of 0.02 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.3593430494637 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Several equities analysts recently issued reports on the company. Zacks Investment Research cut News from a “buy” rating to a “hold” rating in a report on Tuesday, December 12th. TheStreet raised News from a “c+” rating to a “b-” rating in a report on Tuesday, December 5th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. News currently has an average rating of “Hold” and a consensus target price of $15.40.
Shares of News (NWSA) traded up $0.22 during mid-day trading on Tuesday, reaching $16.43. The company had a trading volume of 2,475,013 shares, compared to its average volume of 2,600,000. The firm has a market capitalization of $9,650.00, a PE ratio of -14.54, a PEG ratio of 3.29 and a beta of 2.06. News has a 52-week low of $11.41 and a 52-week high of $16.87. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.56 and a current ratio of 1.56.
News (NASDAQ:NWSA) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.05. News had a positive return on equity of 2.27% and a negative net margin of 7.96%. The firm had revenue of $2.06 billion during the quarter, compared to analysts’ expectations of $1.98 billion. During the same period in the previous year, the firm posted ($0.01) earnings per share. News’s revenue was up 4.7% on a year-over-year basis. sell-side analysts anticipate that News will post 0.49 EPS for the current year.
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News Company Profile
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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