Share on StockTwits

Twenty-First Century Fox (NASDAQ:FOXA) was the recipient of a significant increase in short interest in the month of April. As of April 30th, there was short interest totalling 51,299,975 shares, an increase of 5.8% from the April 15th total of 48,466,573 shares, AnalystRatingsNetwork.com reports. Approximately 3.5% of the company’s shares are short sold. Based on an average daily volume of 12,301,866 shares, the days-to-cover ratio is currently 4.2 days.

FOXA has been the subject of a number of recent research reports. Analysts at Nomura reiterated a “buy” rating on shares of Twenty-First Century Fox in a research note on Thursday, May 8th. They now have a $40.00 price target on the stock, down previously from $42.00. Separately, analysts at Deutsche Bank downgraded shares of Twenty-First Century Fox to a “buy” rating in a research note on Thursday, May 8th. Finally, analysts at FBR Capital Markets raised their price target on shares of Twenty-First Century Fox from $42.00 to $44.00 in a research note on Thursday, May 8th. They now have an “outperform” rating on the stock. Three equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $37.95.

Twenty-First Century Fox (NASDAQ:FOXA) opened at 34.90 on Wednesday. Twenty-First Century Fox has a 1-year low of $26.7933 and a 1-year high of $35.75. The stock’s 50-day moving average is $32.65 and its 200-day moving average is $33.05. The company has a market cap of $77.700 billion and a price-to-earnings ratio of 25.80.

Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.47 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.35 by $0.12. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.99 billion. The company’s quarterly revenue was up 11.8% on a year-over-year basis. On average, analysts predict that Twenty-First Century Fox will post $1.52 earnings per share for the current fiscal year.

Twenty-First Century Fox, Inc, formerly News Corporation, is a diversified global media and entertainment company with operations in cable network programming; television; filmed entertainment; direct broadcast satellite television, and other, corporate and eliminations.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.