News Corp DR
NWS: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| A$72.50 | Mpzzh | Nrffwdwj |
New Morningstar Analyst Report for News Corporation
Business Strategy and Outlook
After the spin-off of its entertainment assets into 21st Century Fox, News Corp. is left with its publishing businesses and a handful of media assets based in Australia. The newspaper publishing side of the business faces challenges in the U.K. and Australia, where News Corp. is attempting to get online readers to pay for access. This business will continue to suffer from revenue declines and the company will probably do its best to take costs out of the business to maintain profitability. Still, we believe how well management allocates capital will be a major factor that determines the long-term value of News Corp.