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.
Several price targets were given for NWSA by the analysts covering the stock. The maximum price target given was 17.5, which equates to a potential upside of 21.61 percent. The minimum price target given was 13, implying potential capital losses of -9.66 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -3.85 percent on average, compared to last month. 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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
NWSA has a 52-week high of 14.68 and a 52-week low of 10.99. Currently the stock is 30.94 percent higher than its low, and 1.98 percent lower than its 52-week high. NWSA has a price/earnings 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 stock has a market capitalization of $8.39 billion. NWSA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.