Media coverage about News (NASDAQ:NWSA) has trended extremely negative on Sunday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. News earned a media sentiment score of -4.37 on their scale. InfoTrie also assigned news coverage about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock’s share price in the next few days.
These are some of the news articles that may have effected News’ score:
NASDAQ NWSA opened at $12.72 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.39. The firm’s 50 day moving average price is $12.18 and its 200-day moving average price is $11.69. News has a 52-week low of $7.90 and a 52-week high of $15.07. The company has a market cap of $7.49 billion, a PE ratio of -8.05 and a beta of 1.47.
News (NASDAQ:NWSA) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. News had a negative net margin of 9.66% and a positive return on equity of 1.96%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.32 billion. During the same period last year, the firm earned $0.04 earnings per share. The company’s quarterly revenue was down 7.8% on a year-over-year basis. On average, analysts forecast that News will post 0.17 earnings per share for the current fiscal year.
NWSA has been the topic of a number of research analyst reports. TheStreet upgraded shares of News from a “d+” rating to a “c-” rating in a research note on Thursday, June 18th. Loop Capital upped their target price on shares of News from $16.00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, June 12th. JPMorgan Chase & Co. upgraded shares of News from an “underweight” rating to a “neutral” rating and upped their target price for the stock from $10.00 to $12.00 in a research note on Tuesday, July 21st. They noted that the move was a valuation call. Finally, BidaskClub upgraded shares of News from a “hold” rating to a “buy” rating in a research note on Saturday, July 25th. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. News presently has an average rating of “Buy” and a consensus price target of $15.10.
News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.
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