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News Corporation (NWS)

(Real Time Quote from BATS)

$24.77 USD

24.77
241,394

-0.18 (-0.72%)

Updated Apr 18, 2024 02:57 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 26% (65 out of 251)

Industry: Film and Television Production and Distribution

Better trading starts here.

Balance Sheet

Research for NWS

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

Learn more about Zacks Equity Research reports

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Fiscal Year End for News Corporation falls in the month of June.

All items in Millions except Per Share data.

6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Assets          
Cash & Equivalents 1,833 1,822 2,236 1,517 1,643
Receivables 1,425 1,502 1,498 1,203 1,544
Notes Receivable 0 0 0 0 0
Inventories 311 311 253 348 348
Other Current Assets 484 458 469 393 515
Total Current Assets 4,053 4,093 4,456 3,461 4,050
Net Property & Equipment 2,042 2,103 2,272 2,256 2,554
Investments & Advances 427 488 351 297 335
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 393 422 378 332 269
Intangibles 7,629 7,840 6,832 5,815 7,573
Deposits & Other Assets 1,341 1,384 1,447 1,039 930
Total Assets 16,921 17,221 16,771 14,261 15,711
Liabilities & Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Notes Payable 0 0 0 0 0
Accounts Payable 440 411 321 351 411
Current Portion Long-Term Debt 27 293 28 76 449
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 1,123 1,236 1,339 1,019 1,328
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 1,575 1,579 1,546 1,236 1,152
Total Current Liabilities 3,165 3,519 3,234 2,682 3,340
Mortgages 0 0 0 0 0
Deferred Taxes/Income 163 198 260 258 295
Convertible Debt 0 0 0 0 0
Long-Term Debt 2,940 2,776 2,285 1,183 1,004
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 580 638 730 603 761
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 7,976 8,078 7,625 5,872 5,400
Shareholders Equity 6/30/2023 6/30/2022 6/30/2021 6/30/2020 6/30/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 6 6 6 6 6
Capital Surplus 11,449 11,779 12,057 12,148 12,243
Retained Earnings -2,144 -2,293 -2,911 -3,241 -1,979
Other Equity -366 -349 -6 -524 41
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 8,945 9,143 9,146 8,389 10,311
Total Liabilities & Shareholder's Equity 16,921 17,221 16,771 14,261 15,711
Total Common Equity 8,945 9,143 9,146 8,389 10,311
Shares Outstanding 571.90 584.30 590.80 588.50 585.20
Book Value Per Share 15.64 15.65 15.48 14.25 17.62

Fiscal Year End for News Corporation falls in the month of June.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 1,724 1,529 1,833 1,659
Receivables NA 1,516 1,559 1,425 1,540
Notes Receivable NA 0 0 0 0
Inventories NA 297 378 311 356
Other Current Assets NA 466 503 484 477
Total Current Assets NA 4,003 3,969 4,053 4,032
Net Property & Equipment NA 1,985 1,947 2,042 2,017
Investments & Advances NA 424 391 427 506
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 305 360 393 368
Intangibles NA 7,637 7,521 7,629 7,678
Deposits & Other Assets NA 1,320 1,289 1,341 1,411
Total Assets NA 16,681 16,475 16,921 17,034
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 243 324 440 407
Current Portion Long-Term Debt NA 58 61 27 27
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 1,095 1,153 1,123 1,164
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 1,388 1,499 1,575 1,606
Total Current Liabilities NA 2,784 3,037 3,165 3,204
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 129 147 163 172
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 2,984 2,909 2,940 2,960
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 565 580 621
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 7,579 7,739 7,976 8,050
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 6 6 6 6
Capital Surplus NA 11,334 11,347 11,449 11,486
Retained Earnings NA -1,958 -2,114 -2,144 -2,136
Other Equity NA -280 -503 -366 -372
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity NA 9,102 8,736 8,945 8,984
Total Liabilities & Shareholder's Equity NA 16,681 16,475 16,921 17,034
Total Common Equity 0 9,102 8,736 8,945 8,984
Shares Outstanding 571.10 571.30 572.60 571.90 574.50
Book Value Per Share 0.00 15.93 15.26 15.64 15.64