News Corp Cl A Shares Inch Up 0.57% to $19.38 on Positive Trading Session
July 29, 2023
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On Friday, News Corp Cl A shares experienced a positive trading session, ending the day with a slight 0.57% increase to close at $19.38. This was in line with the overall performance of the stock market, which saw other stocks experience positive growth. News Corporation ($NASDAQ:NWSA) (also known as News Corp) is one of the world’s leading media conglomerates, with a large portfolio of television, print, and digital properties. Its shares are traded on the NASDAQ Global Select Market and the Australian Stock Exchange.
Through its holdings, News Corporation provides news and entertainment services across multiple markets, including film, television, digital media, and publishing. The company has a long history and is now a publicly traded entity whose shares are widely held by institutional investors.
Analysis
After examining the financials of NEWS CORPORATION, we at GoodWhale are pleased to report a high health score of 8/10 with regard to its cashflows and debt. This indicates that NEWS CORPORATION is capable to pay off debt and fund future operations. Furthermore, when assessing the Star Chart analysis, we find that NEWS CORPORATION is mainly strong in liquidity, medium in asset and weak in dividend, growth, and profitability. Given the above analysis, we classify NEWS CORPORATION as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Therefore, investors who are looking for long-term investments with strong liquidity and asset base may be interested in NEWS CORPORATION. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for News Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 10.12k | 267 | 3.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for News Corporation. More…
| Operations | Investing | Financing |
| 994 | -962 | -152 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for News Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 17.03k | 8.05k | 14.06 |
Key Ratios Snapshot
Some of the financial key ratios for News Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 1.9% | 15.5% | 4.3% |
| FCF Margin | ROE | ROA |
| 4.6% | 3.4% | 1.6% |
Peers
The company was founded by Rupert Murdoch in 1979. News Corp is headquartered in New York, New York. The company’s news and information services segment includes Dow Jones, HarperCollins, and The Wall Street Journal. The company’s book publishing segment includes HarperCollins Publishers and The Bible Society. The company’s digital real estate services segment includes Move, Inc. and Realtor.com. The company’s other segment includes Foxtel and Sky Deutschland.
– Gannett Co Inc ($NYSE:GCI)
Gannett Co Inc is a publicly traded media holding company headquartered in Tysons, Virginia, United States. It is the largest U.S. newspaper publisher as measured by total daily circulation. The company’s portfolio of media assets includes USA Today, the largest-circulation daily newspaper in the United States; more than 250 daily and weekly newspapers in the United States, including The Arizona Republic, The Indianapolis Star and The Detroit Free Press; and Newsquest, a leading regional news publisher in the United Kingdom with more than 160 titles, including The Scotsman and The Daily Record. Gannett also owns the largest collection of local television stations in the United States, which includes 46 stations in 38 markets across the country.
– New York Times Co ($NYSE:NYT)
The New York Times Company is a leading media organization with a market capitalization of $4.9 billion and a return on equity of 10.7%. The company’s core businesses include newspapers, digital journalism, and news publishing. Founded in 1851, the New York Times is one of the most respected news sources in the world. The company’s mission is to “enhance society by creating, collecting and distributing high-quality news and information.”
– Pearson PLC ($LSE:PSON)
Pearson PLC is a British multinational publishing and education company headquartered in London. It was founded in 1844 as a building society and is now the largest education company in the world. Pearson PLC has a market cap of 6.43B as of 2022 and a Return on Equity of 5.41%. The company operates in three segments: Higher Education, Schools, and Professional. Higher Education includes online and offline learning products and services for students and educators worldwide. Schools segment focuses on providing educational products and services to primary and secondary schools. Professional segment offers a range of content, resources, and services for businesses and professionals.
Summary
Investors in News Corporation (NWS-A) saw stock values rise 0.57% on Friday, in line with the overall upward trend of the market. Analysts suggest that NWS-A may be an attractive option for investors looking to capitalize on its strong performance in recent years. Moving forward, investors should keep an eye on factors such as changes in customer demand, competitive landscape, and the economic environment. Additionally, the company’s strategic investments and financial management decisions will be important to watch.
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