News Corporation (NWSA) Earns Daily News Sentiment Score of 0.16
Media stories about News Corporation (NASDAQ:NWSA) have trended somewhat positive on Sunday, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. News Corporation earned a news impact score of 0.16 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.9455182357304 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Newmont Mining Corporation (NYSE:NEM) Position Cut by Nisa Investment Advisors LLC (wisdomsave.com)
- Takeover costs and impairments drag Australia’s Tabcorp to net loss (finance.yahoo.com)
- News Corporation (NASDAQ:NWSA) Scheduled to Post Quarterly Earnings on Thursday (americanbankingnews.com)
- Media General (MEG) & News Corporation (NASDAQ:NWSA) Head-To-Head Review (americanbankingnews.com)
- Trump knew about Fox's story about murdered DNC staffer b… (finance.yahoo.com)
Several research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of News Corporation from a “hold” rating to a “sell” rating in a research report on Thursday. Jefferies Group LLC restated a “buy” rating and issued a $17.00 price objective on shares of News Corporation in a report on Sunday, July 30th. Finally, Rosenblatt Securities began coverage on shares of News Corporation in a report on Friday, July 14th. They issued a “buy” rating and a $17.00 price objective on the stock. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the stock. News Corporation presently has an average rating of “Hold” and an average price target of $15.20.
Shares of News Corporation (NASDAQ NWSA) opened at 14.12 on Friday. News Corporation has a one year low of $10.99 and a one year high of $14.68. The stock’s market capitalization is $8.22 billion. The company has a 50-day moving average of $13.72 and a 200 day moving average of $13.01.
News Corporation (NASDAQ:NWSA) last issued its quarterly earnings results on Tuesday, May 9th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. News Corporation had a positive return on equity of 1.77% and a negative net margin of 2.64%. The firm had revenue of $1.98 billion for the quarter, compared to analyst estimates of $1.85 billion. During the same period last year, the company earned $0.04 EPS. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. Equities research analysts forecast that News Corporation will post $0.37 earnings per share for the current fiscal year.
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News Corporation Company Profile
News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.
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