Twenty-First Century Fox Target of Unusually Large Options Trading (FOXA)
Twenty-First Century Fox (NASDAQ:FOXA) saw unusually large options trading on Monday. Stock traders purchased 100,178 call options on the stock, AmericanBankingNews.com reports. This is an increase of approximately 1,847% compared to the average daily volume of 5,146 call options.
Several analysts have recently commented on the stock. Analysts at TheStreet reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note to investors on Tuesday, January 7th. Finally, analysts at Ascendiant Capital Markets initiated coverage on shares of Twenty-First Century Fox in a research note to investors on Thursday, December 19th. They set a “buy” rating on the stock. Four analysts have rated the stock with a hold rating, nineteen have issued a buy rating and two have assigned a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $37.38.
Shares of Twenty-First Century Fox (NASDAQ:FOXA) opened at 32.35 on Tuesday. Twenty-First Century Fox has a 52-week low of $23.4452 and a 52-week high of $35.75. The stock has a 50-day moving average of $33.77 and a 200-day moving average of $32.6. The company has a market cap of $73.816 billion and a price-to-earnings ratio of 12.73.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data on Tuesday, November 5th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by $0.02. The company had revenue of $7.06 billion for the quarter, compared to the consensus estimate of $6.80 billion. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. On average, analysts predict that Twenty-First Century Fox will post $1.51 earnings per share 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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