Media headlines about News (NASDAQ:NWSA) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. News earned a news impact score of 0.25 on Accern’s scale. Accern also gave headlines about the company an impact score of 47.2970020922535 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
News (NWSA) traded up $0.28 during trading hours on Friday, reaching $16.50. The company’s stock had a trading volume of 1,442,384 shares, compared to its average volume of 2,472,793. News has a 52 week low of $12.19 and a 52 week high of $17.29. The company has a current ratio of 1.64, a quick ratio of 1.64 and a debt-to-equity ratio of 0.02. The stock has a market cap of $9,452.01, a price-to-earnings ratio of -21.43, a P/E/G ratio of 2.51 and a beta of 2.01.
News (NASDAQ:NWSA) last issued its earnings results on Thursday, February 8th. The company reported $0.24 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.05. The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $2.13 billion. News had a positive return on equity of 2.52% and a negative net margin of 5.41%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.19 EPS. analysts anticipate that News will post 0.51 earnings per share for the current year.
The business also recently announced a semiannual dividend, which will be paid on Wednesday, April 18th. Stockholders of record on Wednesday, March 14th will be issued a dividend of $0.10 per share. This represents a dividend yield of 1.27%. The ex-dividend date is Tuesday, March 13th. News’s dividend payout ratio is currently -25.97%.
NWSA has been the subject of several research reports. TheStreet upgraded News from a “c+” rating to a “b-” rating in a research note on Tuesday, December 5th. Zacks Investment Research upgraded News from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Wednesday, January 10th. Finally, Jefferies Group reiterated a “buy” rating on shares of News in a research note on Friday, February 9th. Two equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $17.00.
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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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