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 most optimistic analyst gave a price target of 17.5, implying a possible profit of 21.61 percent. The most pessimistic analyst gave a price target of 13, implying a possible loss of -9.66 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -3.85 percent. That number becomes -25 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 1.32 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.7 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
In the last 52-weeks, NWSA has achieved a high of 14.68 and a low of 10.99. Today's price is 30.94 percent above the 52-week low, 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's next earnings release will be on 0000-00-00, which is days away.