Analyst Ratings for News Corp Cl A (NWSA)Updated: 2017-07-29
News Corp Cl A (NASDAQ:NWSA) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for NWSA last month.
10 analysts issued ratings on the stock, where 4 gave NWSA a buy rating, 0 gave an overweight rating, 5 gave a hold rating, 1 gave an underweight rating, and 0 issued a sell rating. Today, there are 2 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
NWSA was given price targets by several analysts. The most optimistic price target was 17.5, implying potential capital gains of 21.61 percent. The minimum price target given was 13, implying potential capital losses of -9.66 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.85 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -25 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.32 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 2.7 percent in FY estimates.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 1 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.
NWSA has a 52-week high of 14.68 and a 52-week low of 10.99. The current market price is above the trailing year's low by 30.94 percent, and below the high by 1.98 percent. NWSA has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The NWSA value stock report compares NWSA to some of its peers using value stock charts. The market cap of NWSA is $8.39 billion. NWSA will post this quarters earnings in days, on 0000-00-00.