News (NASDAQ:NWS) Earning Extremely Negative News Coverage, Study Shows

Share on StockTwits

Media coverage about News (NASDAQ:NWS) has trended extremely negative this week, InfoTrie reports. The research firm rates the sentiment of news coverage by monitoring more than 6,000 blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. News earned a daily sentiment score of -4.37 on their scale. InfoTrie also assigned media stories about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company’s share price in the next several days.

Here are some of the headlines that may have impacted News’ analysis:

Separately, BidaskClub raised shares of News from a “sell” rating to a “hold” rating in a research report on Wednesday, April 29th.

NWS opened at $12.76 on Friday. The company’s 50 day simple moving average is $12.17 and its 200 day simple moving average is $11.84. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.26 and a current ratio of 1.39. News has a 1 year low of $7.88 and a 1 year high of $15.36. The stock has a market capitalization of $7.51 billion, a PE ratio of -8.08 and a beta of 1.49.

News (NASDAQ:NWS) last released its earnings results on Thursday, May 7th. The company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. News had a negative net margin of 9.66% and a positive return on equity of 1.96%. The business had revenue of $2.27 billion for the quarter.

In related news, General Counsel David B. Pitofsky sold 11,433 shares of the firm’s stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $13.26, for a total value of $151,601.58. Following the transaction, the general counsel now owns 22,866 shares in the company, valued at $303,203.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 39.40% of the company’s stock.

News Company Profile

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates in five segments: News and Information Services, Book Publishing, Digital Real Estate Services, Subscription Video Services, and Other. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, and DJX through various media channels, such as newspapers, newswires, Websites, mobile device applications, tablets and e-book readers, newsletters, magazines, proprietary databases, live journalism, video, and podcasts.

See Also: Ex-Dividend

Receive News & Ratings for News Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for News and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Cambridge Investment Research Advisors Inc. Purchases 13,393 Shares of Fifth Third Bancorp
Cambridge Investment Research Advisors Inc. Purchases 13,393 Shares of Fifth Third Bancorp
Pinterest  PT Raised to $31.00 at Credit Suisse Group
Pinterest PT Raised to $31.00 at Credit Suisse Group
Fifth Third Bancorp  Shares Sold by Strs Ohio
Fifth Third Bancorp Shares Sold by Strs Ohio
Cambridge Investment Research Advisors Inc. Purchases 14,372 Shares of XPO Logistics Inc
Cambridge Investment Research Advisors Inc. Purchases 14,372 Shares of XPO Logistics Inc
Sumitomo Mitsui Trust Holdings Inc. Lowers Stock Position in Main Street Capital Co.
Sumitomo Mitsui Trust Holdings Inc. Lowers Stock Position in Main Street Capital Co.
Microsoft Co.  is Palisade Asset Management LLC’s Largest Position
Microsoft Co. is Palisade Asset Management LLC’s Largest Position


© 2006-2020 Ticker Report