Twenty-First Century Fox Reaches New 12-Month High at $35.93 (FOXA)
Twenty-First Century Fox (NASDAQ:FOXA) shares hit a new 52-week high on Thursday , StockRatingsNetwork reports. The stock traded as high as $35.93 and last traded at $35.93, with a volume of 5,033,486 shares changing hands. The stock had previously closed at $35.50.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Twenty-First Century Fox in a research note on Friday, May 23rd. They now have a $36.00 price target on the stock. Separately, analysts at Hudson Square Research initiated coverage on shares of Twenty-First Century Fox in a research note on Monday, May 19th. They set a “hold” rating on the stock. Finally, 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. Four analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and two have given a strong buy rating to the company. Twenty-First Century Fox has a consensus rating of “Buy” and an average target price of $38.05.
The stock has a 50-day moving average of $33.73 and a 200-day moving average of $33.13. The company has a market cap of $80.349 billion and a P/E ratio of 26.03.
Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings data 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 $1.53 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.
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