Analyst Expects News Corp (NASDAQ: NWSA) To Make Big Moves

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities.

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Stocks Info

As a NASDAQ listed company, NWSA falls under the Communication Services sector while operating within the Entertainment industry segment. The current market capitalization of News Corp is $14.93B. A total of 1.65 million shares were traded on the day, compared to an average of 2.62M shares.

In the most recent transaction, Kline David R sold 10,000 shares of NWSA for 26.96 per share on Sep 05 ’24. After the transaction, the Chief Technology Officer now owns 0 company shares. In a previous transaction on Sep 05 ’24, Kline David R bought 10,000 shares at 26.96 per share.

Among the insiders who sold shares, Kline David R disposed of 13,704 shares on Aug 15 ’24 at a per-share price of $27.42. This resulted in the Chief Technology Officer holding 10,000 shares of NWSA after the transaction. In another insider transaction, Allen Ruth sold 7,151 shares at $27.44 per share on Aug 15 ’24. Company shares held by the Chief Human Resources Officer now total 0.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. News Corp pays an annual dividend of $0.20, resulting in a dividend yield of 0.76%, and it has a price to earnings (P/E) ratio of 56.88. NWSA’s most recent ex-dividend date was 9/11/2024 when it declared a $0.10 quarterly dividend that was paid in cash on 10/9/2024. Previously, the company paid the dividend on 4/10/2024 with an ex-dividend date of 3/12/2024. The NWSA stock dividend was $0.10 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, NWSA has a high of $28.62 and a low of $19.25.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. NWSA’s latest balance sheet shows that the firm has $1.82B in Cash & Short Term Investments as of fiscal 2022. There were $4.16B in debt and $3.52B in liabilities at the time. Its Book Value Per Share was $14.27, while its Total Shareholder’s Equity was $9.14B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for NWSA is Buy with a score of 5.00.

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