Needham & Company Maintains a 'Hold' on News Corp. (NWSA); Lowering Estimates
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Price: $29.16 +0.76%
Rating Summary:
23 Buy, 4 Hold, 2 Sell
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Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
23 Buy, 4 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Needham & Company maintains a 'Hold' on News Corp. (NASDAQ: NWSA).
Analyst, Laura Martin, said, "We estimate that NWSA’s ROIC will increase by approximately 70 basis points from 8.1% in FY11 to 8.8% in FY12E. This ROIC increase is in the middle of our covered companies. NWSA’s WACC should remain at about 10.1%, by our estimates."
Martin lowers FY12 EPS estimate from $1.44 to $1.40.
For an analyst ratings summary and ratings history on News Corp. click here. For more ratings news on News Corp. click here.
Shares of News Corp. closed at $19.43 yesterday.
Analyst, Laura Martin, said, "We estimate that NWSA’s ROIC will increase by approximately 70 basis points from 8.1% in FY11 to 8.8% in FY12E. This ROIC increase is in the middle of our covered companies. NWSA’s WACC should remain at about 10.1%, by our estimates."
Martin lowers FY12 EPS estimate from $1.44 to $1.40.
For an analyst ratings summary and ratings history on News Corp. click here. For more ratings news on News Corp. click here.
Shares of News Corp. closed at $19.43 yesterday.
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