Naspers (NPSNY) to Release Quarterly Earnings on Monday

Naspers (OTCMKTS:NPSNY) is expected to be posting its resultson Monday, June 29th. Analysts expect Naspers to post earnings of ($0.3880) per share and revenue of $6.2532 billion for the quarter.

Naspers Price Performance

Naspers stock opened at $10.30 on Monday. Naspers has a one year low of $9.90 and a one year high of $15.15. The business has a fifty day moving average price of $10.77 and a 200-day moving average price of $11.61. The company has a quick ratio of 3.66, a current ratio of 3.72 and a debt-to-equity ratio of 0.30.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen cut Naspers from a “buy” rating to a “hold” rating in a report on Monday, February 23rd. The Goldman Sachs Group initiated coverage on shares of Naspers in a research note on Thursday, June 4th. They issued a “neutral” rating on the stock. Finally, Zacks Research raised shares of Naspers from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold”.

About Naspers

Naspers is a South African multinational holding company headquartered in Cape Town with principal interests in internet, technology and media businesses. Founded in 1915 as a publisher, the company evolved from traditional newspaper and magazine publishing into a diversified media group with pay-television and publishing operations in South Africa and other markets. Over time Naspers shifted strategy toward technology investments and online platforms, building a global portfolio focused on marketplaces, payments, classifieds and food delivery services.

A defining moment in the company’s modern history was its early investment in China’s Tencent, which helped reshape Naspers into a significant global investor in internet companies.