Twenty-First Century Fox Receives Consensus Rating of “Buy” from Analysts (NASDAQ:FOXA)
Twenty-First Century Fox (NASDAQ:FOXA) has earned an average rating of “Buy” from the thirty analysts that are covering the stock, AnalystRatingsNetwork reports. Four investment 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 average 1-year price target among brokerages that have issued ratings on the stock in the last year is $38.05.
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.
Shares of Twenty-First Century Fox (NASDAQ:FOXA) traded down 1.92% on Friday, hitting $34.69. The stock had a trading volume of 6,211,413 shares. Twenty-First Century Fox has a 52-week low of $27.1731 and a 52-week high of $36.43. The stock has a 50-day moving average of $34.74 and a 200-day moving average of $33.33. The company has a market cap of $77.232 billion and a P/E ratio of 25.93.
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. Analysts expect that Twenty-First Century Fox will post $1.53 EPS 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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