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.
Many analysts weighed in on price targets for NWSA. The highest price target was 17.5, implying potential capital gains of 21.61 percent. The lowest price target was 13, which equates to a potential downside 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. The average change in earnings estimates over the last 90 days 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 decreased their estimates.
In the trailing 52-weeks, NWSA hit 14.68 at the highest peak, while it's lowest trading point was 10.99. Currently the stock is 30.94 percent higher than its low, and 1.98 percent below the 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's next earnings release will be on 0000-00-00, which is days away.