Twenty-First Century Fox Stock Rating Upgraded by UBS AG (FOXA)
Twenty-First Century Fox (NASDAQ:FOXA) was upgraded by analysts at UBS AG from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Monday, American Banking News reports.
FOXA has been the subject of a number of other recent research reports. Analysts at Sanford C. Bernstein raised their price target on shares of Twenty-First Century Fox from $36.00 to $39.00 in a research note to investors on Wednesday, August 14th. They now have an “outperform” rating on the stock. Separately, analysts at BMO Capital Markets raised their price target on shares of Twenty-First Century Fox from $30.00 to $33.00 in a research note to investors on Monday, August 12th. Finally, analysts at Lazard Capital Markets raised their price target on shares of Twenty-First Century Fox from $38.00 to $42.00 in a research note to investors on Friday, August 9th. They now have a “buy” rating on the stock.
One investment analyst has rated the stock with a sell rating, one has given a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Twenty-First Century Fox presently has an average rating of “Buy” and a consensus price target of $34.81.
Shares of Twenty-First Century Fox (NASDAQ:FOXA) traded down 0.34% during mid-day trading on Monday, hitting $32.08. 7,939,761 shares of the company’s stock traded hands. Twenty-First Century Fox has a 52-week low of $20.2915 and a 52-week high of $33.84. The stock’s 50-day moving average is $31.04 and its 200-day moving average is $28.31. The company has a market cap of $74.090 billion and a price-to-earnings ratio of 10.62.
Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings data on Tuesday, August 6th. The company reported $0.31 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.34 by $0.03. The company had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $7.12 million. During the same quarter last year, the company posted $0.32 earnings per share. Twenty-First Century Fox’s revenue was up 15.7% compared to the same quarter last year. On average, analysts predict that Twenty-First Century Fox will post $1.56 earnings per share for the current fiscal year.
The company also recently announced a semiannual dividend, which is scheduled for Wednesday, October 16th. Investors of record on Wednesday, September 11th will be paid a dividend of $0.13 per share. This represents a dividend yield of 0.77%. The ex-dividend date is Monday, September 9th.
Twenty-First Century Fox, Inc, formerly News Corporation, has a portfolio of cable, broadcast, film, pay television and satellite assets spanning six continents across the globe.
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