Somewhat Favorable News Coverage Somewhat Unlikely to Impact News Corporation (NWS) Stock Price

News coverage about News Corporation (NASDAQ:NWS) has been trending somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. News Corporation earned a media sentiment score of 0.08 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.2557930222929 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

News Corporation (NASDAQ NWS) traded up 0.71% during mid-day trading on Monday, reaching $14.10. 394,497 shares of the company’s stock were exchanged. News Corporation has a 52-week low of $11.25 and a 52-week high of $15.22. The stock’s market cap is $8.20 billion. The company has a 50-day moving average of $13.77 and a 200-day moving average of $13.06.

News Corporation (NASDAQ:NWS) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. News Corporation had a negative net margin of 2.64% and a positive return on equity of 1.77%. The business had revenue of $1.98 billion during the quarter. Equities research analysts anticipate that News Corporation will post $1.39 earnings per share for the current year.

Separately, BidaskClub upgraded shares of News Corporation from a “hold” rating to a “buy” rating in a research note on Friday, June 30th.

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News Corporation Company Profile

News Corporation is a diversified media and information services company. The Company operates in five segments: News and Information Services, Cable Network Programming, Digital Real Estate Services, Book Publishing, and Other. The Company’s business consists of range of media, including news and information services, sports programming in Australia, digital real estate services, book publishing, and pay-television (TV) distribution in Australia, that are distributed under the brands, including The Wall Street Journal, Dow Jones, Herald Sun, The Sun, The Times, HarperCollins Publishers, FOX SPORTS Australia and realestate.com.au.

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