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 highest price target was 17.5, which equates to a potential upside of 21.61 percent. The lowest price target was 13, implying potential capital losses of -9.66 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.7 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
In the trailing 52-weeks, NWSA hit 14.68 at the highest peak, while it's lowest trading point was 10.99. The current market price is above the trailing year's low by 30.94 percent, 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 will post this quarters earnings in days, on 0000-00-00.