Monday, June 25, 2018

Somewhat Positive Media Coverage Somewhat Unlikely to Affect News Corp Class B (NWS) Stock Price

News articles about News Corp Class B (NASDAQ:NWS) have trended somewhat positive on Saturday, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. News Corp Class B earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.8601342975312 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of News Corp Class B opened at $16.05 on Friday, Marketbeat.com reports. News Corp Class B has a 12-month low of $13.10 and a 12-month high of $17.70. The stock has a market capitalization of $9.41 billion, a PE ratio of 33.65 and a beta of 1.81. The company has a current ratio of 1.62, a quick ratio of 1.62 and a debt-to-equity ratio of 0.02.

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News Corp Class B (NASDAQ:NWS) last announced its quarterly earnings results on Thursday, May 10th. The company reported $0.06 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.06. News Corp Class B had a negative net margin of 18.69% and a positive return on equity of 2.56%. The firm had revenue of $2.09 billion for the quarter.

Separately, BidaskClub raised shares of News Corp Class B from a “sell” rating to a “hold” rating in a report on Tuesday, June 12th.

About News Corp Class B

News Corporation, a media and information services company, creates and distributes content for consumers and businesses worldwide. It operates through News and Information Services, Book Publishing, Digital Real Estate Services, and Cable Network Programming segments. The company distributes content and data products, including The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron's, MarketWatch, Dow Jones PEVC, and DJX through various media channels, such as newspapers, newswires, Websites, applications for mobile devices, tablets and e-book readers, newsletters, magazines, proprietary databases, conferences, and videos.

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