News Corp Net Income vs. Shares Outstanding

NWS Stock  USD 30.70  0.24  0.79%   
Considering News Corp's profitability and operating efficiency indicators, News Corp B is yielding more profit at the present time then in previous quarter. It has a moderate likelihood of reporting better profitability numbers in January. Profitability indicators assess News Corp's ability to earn profits and add value for shareholders.
 
Net Income  
First Reported
2011-09-30
Previous Quarter
50 M
Current Value
264 M
Quarterly Volatility
462 M
 
Yuan Drop
 
Covid
At this time, News Corp's Days Sales Outstanding is comparatively stable compared to the past year. Sales General And Administrative To Revenue is likely to gain to 0.25 in 2024, whereas EV To Sales is likely to drop 0.92 in 2024. At this time, News Corp's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 279.3 M in 2024, whereas Operating Income is likely to drop slightly above 622.2 M in 2024.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.320.426
Way Down
Very volatile
For News Corp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of News Corp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well News Corp B utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between News Corp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of News Corp B over time as well as its relative position and ranking within its peers.
  

News Corp's Revenue Breakdown by Earning Segment

Check out Correlation Analysis.
Is Publishing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of News Corp. If investors know News will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about News Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.181
Dividend Share
0.2
Earnings Share
0.62
Revenue Per Share
17.817
Quarterly Revenue Growth
0.031
The market value of News Corp B is measured differently than its book value, which is the value of News that is recorded on the company's balance sheet. Investors also form their own opinion of News Corp's value that differs from its market value or its book value, called intrinsic value, which is News Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because News Corp's market value can be influenced by many factors that don't directly affect News Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between News Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if News Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, News Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

News Corp B Shares Outstanding vs. Net Income Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining News Corp's current stock value. Our valuation model uses many indicators to compare News Corp value to that of its competitors to determine the firm's financial worth.
News Corp B is regarded fourth in net income category among its peers. It is regarded fifth in shares outstanding category among its peers creating about  0.71  of Shares Outstanding per Net Income. The ratio of Net Income to Shares Outstanding for News Corp B is roughly  1.40 . At this time, News Corp's Net Income is comparatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value News Corp by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

News Shares Outstanding vs. Net Income

Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

News Corp

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

 = 
266 M
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

News Corp

Shares Outstanding

 = 

Public Shares

-

Repurchased

 = 
189.54 M
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.

News Shares Outstanding Comparison

News Corp is currently under evaluation in shares outstanding category among its peers.

News Corp Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in News Corp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, News Corp will eventually generate negative long term returns. The profitability progress is the general direction of News Corp's change in net profit over the period of time. It can combine multiple indicators of News Corp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-1.3 B-1.3 B
Operating Income805 M622.2 M
Income Before Tax546 M573.3 M
Total Other Income Expense Net-259 M-271.9 M
Net Income266 M279.3 M
Income Tax Expense192 M201.6 M
Net Income From Continuing Ops354 M371.7 M
Non Operating Income Net Other-144.9 M-152.1 M
Net Income Applicable To Common Shares171.3 M179.9 M
Net Interest Income-85 M-80.8 M
Change To Netincome181.7 M172.6 M
Net Income Per Share 0.47  0.49 
Income Quality 4.13  4.33 
Net Income Per E B T 0.49  0.50 

News Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on News Corp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of News Corp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the News Corp's important profitability drivers and their relationship over time.

Use News Corp in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if News Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in News Corp will appreciate offsetting losses from the drop in the long position's value.

News Corp Pair Trading

News Corp B Pair Trading Analysis

The ability to find closely correlated positions to News Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace News Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back News Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling News Corp B to buy it.
The correlation of News Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as News Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if News Corp B moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for News Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your News Corp position

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Restaraunts Hotels Motels
Restaraunts Hotels Motels Theme
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Restaraunts Hotels Motels Theme or any other thematic opportunities.
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Additional Tools for News Stock Analysis

When running News Corp's price analysis, check to measure News Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy News Corp is operating at the current time. Most of News Corp's value examination focuses on studying past and present price action to predict the probability of News Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move News Corp's price. Additionally, you may evaluate how the addition of News Corp to your portfolios can decrease your overall portfolio volatility.