News (NASDAQ:NWSA) Sets New 1-Year Low – Time to Sell?

News Corporation (NASDAQ:NWSA) reached a new 52-week low during trading on Friday . The stock traded as low as $22.85 and last traded at $23.42, with a volume of 580112 shares trading hands. The stock had previously closed at $24.21.

Trending Headlines about News

Here are the key news stories impacting News this week:

• Positive Sentiment: Q2 results beat expectations: EPS $0.40 vs. $0.33 estimate and revenue $2.36B vs. $2.30B (revenue +5.5% YoY), supporting near-term earnings credibility. News Corp A earnings beat by $0.03, revenue topped estimates
• Positive Sentiment: Management signaled an expanded buyback and continued double-digit growth at Dow Jones and in digital real‑estate — potentially supporting EPS and shareholder returns if buybacks are sizable. News Corporation signals expanded buyback and continued double-digit growth in Dow Jones and digital real estate
• Positive Sentiment: WSJ reports revenue rise driven by Dow Jones and real‑estate divisions; CEO noted “favorable signs” for H2 — a constructive management outlook for the cycle. News Corp Revenue Rises on Growth at Dow Jones, Real-Estate Divisions
• Positive Sentiment: Dividend declared: $0.10 per share to holders of record Mar 11, payable Apr 8. (Note: the reported “83.0%” yield in the item appears to be a reporting error.)
• Positive Sentiment: Analysts’ consensus remains cautious‑to‑constructive: an average recommendation of “Moderate Buy” from surveyed brokers supports longer‑term sentiment. News Corporation (NASDAQ:NWSA) Receives Average Recommendation of “Moderate Buy” from Analysts
• Neutral Sentiment: Barchart piece summarizes mixed analyst views — Wall Street remains moderately optimistic despite NWSA’s underperformance vs. broader market over the past year. News Corporation Stock: Is Wall Street Bullish or Bearish?
• Neutral Sentiment: Zacks published a metrics‑focused review of the quarter (useful for modeling but not a direct catalyst). Compared to Estimates, News Corp. (NWSA) Q2 Earnings: A Look at Key Metrics
• Negative Sentiment: Zacks Research downgraded NWSA from “hold” to “strong sell,” which may exert short‑term downward pressure on the share price if other shops follow. Zacks.com

Analyst Ratings Changes

NWSA has been the topic of a number of research reports. JPMorgan Chase & Co. cut their price objective on shares of News from $40.00 to $38.00 and set an “overweight” rating on the stock in a research report on Tuesday, November 25th. Zacks Research cut shares of News from a “hold” rating to a “strong sell” rating in a research report on Wednesday. Morgan Stanley set a $32.40 price objective on News in a report on Friday. Weiss Ratings downgraded News from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Guggenheim reduced their price target on News from $45.00 to $43.00 and set a “buy” rating for the company in a research report on Thursday, November 13th. Three research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, News has an average rating of “Hold” and an average price target of $36.53.

News Price Performance

The company has a 50 day moving average price of $26.17 and a 200 day moving average price of $27.47. The company has a current ratio of 1.76, a quick ratio of 1.63 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $12.61 billion, a P/E ratio of 10.86 and a beta of 0.99.

News (NASDAQ:NWSA) last released its quarterly earnings results on Thursday, February 5th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.07. The firm had revenue of $2.36 billion for the quarter, compared to analysts’ expectations of $2.30 billion. News had a net margin of 13.80% and a return on equity of 5.68%. The business’s revenue was up 5.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.33 EPS. On average, equities analysts predict that News Corporation will post 0.94 EPS for the current fiscal year.

News Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 11th will be paid a $0.10 dividend. This represents a yield of 83.0%. The ex-dividend date of this dividend is Wednesday, March 11th. News’s payout ratio is 9.66%.

Hedge Funds Weigh In On News

Hedge funds and other institutional investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in News by 5.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 37,556 shares of the company’s stock worth $1,022,000 after purchasing an additional 1,950 shares in the last quarter. United Services Automobile Association bought a new stake in shares of News during the first quarter worth $206,000. Empowered Funds LLC acquired a new position in shares of News during the first quarter worth $204,000. Focus Partners Wealth lifted its stake in shares of News by 44.4% in the 1st quarter. Focus Partners Wealth now owns 16,618 shares of the company’s stock valued at $452,000 after acquiring an additional 5,106 shares during the last quarter. Finally, Sivia Capital Partners LLC bought a new stake in News during the 2nd quarter worth $545,000. 66.97% of the stock is currently owned by institutional investors and hedge funds.

News Company Profile

News Corporation (NASDAQ: NWSA) is a global diversified media and information services company headquartered in New York City. It operates through two principal segments: News and Information Services, and Digital Real Estate Services. The company’s news and information division oversees a portfolio of leading newspapers, magazines and digital platforms, offering content across print and online channels. Its properties include Dow Jones, publisher of The Wall Street Journal and Barron’s, News UK titles such as The Times and The Sun, as well as News Corp Australia mastheads.

In addition to its journalism assets, News Corp is a significant player in book publishing through HarperCollins, one of the world’s largest consumer publishers.