With 1.3 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.71 million shares. During the session, the Entertainment company that operates in wider Communication Services sector, reached to the highest price of $32.45 whereas the lowest price it dropped to was $31.985. The 52-week range on NWS shows that it touched its highest point at $32.75 and its lowest point at $22.21 during that stretch. It currently has a 1-year price target of $10.00. With its current market cap of 17.23 billion, NWS has annualized dividend of $0.20 while the current yield stands at 0.62%. Beta for the stock currently stands at 1.40.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NWS was up-trending over the past week, with a rise of 1.17%, but this was up by 15.74% over a month. Three-month performance surged to 10.17% while six-month performance rose 16.50%. The stock gained 40.37% in the past year, while it has gained 24.65% so far this year. A look at the trailing 12-month EPS for NWS yields 0.62 with Next year EPS estimates of 0.98. For the next quarter, that number is 0.29. This implies an EPS growth rate of 16.23% for this year and 19.94% for next year. EPS is expected to grow by 19.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 11.96%.
Float and Shares Shorts:
At present, 190.42 million NWS shares are outstanding with a float of 102.42 million shares on hand for trading. On 2024-10-31, short shares totaled 3.53 million, which was 62.0 higher than short shares on 1727654400. In addition to Mr. Robert J. Thomson as the firm’s CEO & Director, Ms. Susan Lee Panuccio B.Bus (Hons), BBUS (Dist), ICCA serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.45158002 of NWS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, NWS reported revenue of $2577000000.0 and operating income of $226000000.0. The EBITDA in the recently reported quarter was $425000000.0 and diluted EPS was $0.21.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With NWS analysts setting a high price target of 24.5 and a low target of 24.5, the average target price over the next 12 months is 24.5. Based on these targets, NWS could drop -23.58% to reach the target high and fall by -23.58% to reach the target low. Reaching the average price target will result in a decline of -23.58% from current levels.
Analysts have provided yearly estimates in a range of $0.70349 being high and $0.67143 being low. For NWS, this leads to a yearly average estimate of $0.68942. The surprise factor in the prior quarter was $0.16. Based on analyst estimates, the high estimate for the next quarter is $0.15 and the low estimate is $0.15. The average estimate for the next quarter is thus $0.15.
