Twenty-First Century Fox Now Covered by Analysts at Guggenheim (FOXA)
Equities research analysts at Guggenheim started coverage on shares of Twenty-First Century Fox (NASDAQ:FOXA) in a research note issued to investors on Thursday, AnalystRatings.NET reports. The firm set a “buy” rating on the stock.
Several other analysts have also recently commented on the stock. Analysts at Zacks downgraded shares of Twenty-First Century Fox from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday. They now have a $33.10 price target on the stock. Separately, analysts at TheStreet reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note to investors on Wednesday. Finally, analysts at Deutsche Bank raised their price target on shares of Twenty-First Century Fox from $36.00 to $42.00 in a research note to investors on Monday. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $36.30.
Twenty-First Century Fox (NASDAQ:FOXA) opened at 34.77 on Thursday. Twenty-First Century Fox has a 1-year low of $20.2915 and a 1-year high of $33.84. The stock has a 50-day moving average of $31.70 and a 200-day moving average of $28.99. The company has a market cap of $80.302 billion and a P/E ratio of 11.48.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Tuesday, August 6th. The company reported $0.31 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.32 earnings per share. The company’s quarterly revenue was up 15.7% on a year-over-year basis. Analysts expect that Twenty-First Century Fox will post $1.54 EPS for the current fiscal year.
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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