Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Analysts at CLSA raised their FY2018 earnings per share (EPS) estimates for Twenty-First Century Fox in a research note issued to investors on Monday. CLSA analyst V. Karasyov now forecasts that the brokerage will post earnings per share of $2.06 for the year, up from their prior estimate of $2.04. CLSA also issued estimates for Twenty-First Century Fox’s FY2019 earnings at $2.25 EPS.

FOXA has been the subject of a number of other reports. Zacks Investment Research upgraded shares of Twenty-First Century Fox from a “strong sell” rating to a “hold” rating in a report on Monday, October 17th. Jefferies Group restated a “buy” rating on shares of Twenty-First Century Fox in a report on Friday, September 30th. FBR & Co restated a “hold” rating on shares of Twenty-First Century Fox in a report on Thursday, November 3rd. TheStreet upgraded shares of Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Wednesday, November 16th. Finally, Sanford C. Bernstein downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $33.00 to $26.00 in a report on Thursday, September 15th. Ten research analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Twenty-First Century Fox presently has an average rating of “Buy” and a consensus target price of $32.07.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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Twenty-First Century Fox (NASDAQ:FOXA) traded up 1.38% during trading on Wednesday, reaching $30.08. The company had a trading volume of 8,061,989 shares. The stock has a market capitalization of $55.81 billion, a P/E ratio of 19.88 and a beta of 1.29. Twenty-First Century Fox has a 12-month low of $22.66 and a 12-month high of $31.25. The stock has a 50 day moving average of $28.17 and a 200-day moving average of $26.39.

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Twenty-First Century Fox (NASDAQ:FOXA) last released its quarterly earnings data on Wednesday, November 2nd. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.07. The business had revenue of $6.51 billion for the quarter, compared to analysts’ expectations of $6.49 billion. Twenty-First Century Fox had a return on equity of 23.28% and a net margin of 10.45%. The firm’s quarterly revenue was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.38 EPS.

Several institutional investors have recently added to or reduced their stakes in FOXA. LS Investment Advisors LLC raised its position in shares of Twenty-First Century Fox by 3.2% in the second quarter. LS Investment Advisors LLC now owns 32,071 shares of the company’s stock worth $868,000 after buying an additional 998 shares in the last quarter. Parametrica Management Ltd bought a new position in shares of Twenty-First Century Fox during the second quarter worth about $242,000. YHB Investment Advisors Inc. raised its position in shares of Twenty-First Century Fox by 123.1% in the second quarter. YHB Investment Advisors Inc. now owns 151,212 shares of the company’s stock worth $4,090,000 after buying an additional 83,425 shares in the last quarter. Locust Wood Capital Advisers LLC bought a new position in shares of Twenty-First Century Fox during the second quarter worth about $7,864,000. Finally, Oakbrook Investments LLC raised its position in shares of Twenty-First Century Fox by 7.9% in the second quarter. Oakbrook Investments LLC now owns 98,750 shares of the company’s stock worth $2,671,000 after buying an additional 7,200 shares in the last quarter. Institutional investors and hedge funds own 52.84% of the company’s stock.

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About Twenty-First Century Fox

Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.

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