News stories about News (NASDAQ:NWSA) have trended somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. News earned a news impact score of 0.23 on Accern’s scale. Accern also assigned media stories about the company an impact score of 47.841156046312 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Apartment List to Power Apartment Community Listings on Realtor.com® (bizjournals.com)
- News Corp Launches News IQ (finance.yahoo.com)
- Head-To-Head Review: Lee Enterprises (LEE) and News (NWSA) (americanbankingnews.com)
- Comparing A.H. Belo (AHC) and News (NWSA) (americanbankingnews.com)
Separately, Zacks Investment Research raised shares of News from a “sell” rating to a “hold” rating and set a $15.00 price target for the company in a report on Tuesday, October 10th. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of $15.40.
News (NASDAQ NWSA) traded down $0.01 during trading on Wednesday, hitting $16.39. 3,525,389 shares of the stock traded hands, compared to its average volume of 1,909,264. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.03. News has a 1 year low of $11.41 and a 1 year high of $16.87. The company has a market capitalization of $9,636.55, a P/E ratio of 37.59, a PEG ratio of 3.36 and a beta of 2.06.
News (NASDAQ:NWSA) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.07 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.05. The firm had revenue of $2.06 billion during the quarter, compared to the consensus estimate of $1.98 billion. News had a negative net margin of 7.96% and a positive return on equity of 2.27%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. research analysts expect that News will post 0.49 earnings per share 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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