Twenty-First Century Fox (NASDAQ:FOXA)‘s stock had its “buy” rating reiterated by Rosenblatt Securities in a research report issued to clients and investors on Monday. They currently have a $40.00 target price on the stock. Rosenblatt Securities’ price target would suggest a potential upside of 20.88% from the stock’s current price.

A number of other analysts also recently commented on FOXA. Credit Suisse Group reiterated an “outperform” rating and issued a $35.00 price objective (down previously from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, October 12th. KeyCorp reiterated a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Sunday, November 19th. ValuEngine downgraded Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Guggenheim reiterated a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a research report on Tuesday, October 10th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $34.00 target price (down previously from $35.00) on shares of Twenty-First Century Fox in a research report on Thursday, November 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and seventeen have assigned a buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $33.95.

Twenty-First Century Fox (NASDAQ:FOXA) traded up $0.90 on Monday, reaching $33.09. The company’s stock had a trading volume of 15,878,400 shares, compared to its average volume of 8,766,666. The firm has a market cap of $61,560.00, a price-to-earnings ratio of 16.77, a P/E/G ratio of 2.21 and a beta of 1.44. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $34.02.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.51 EPS. equities research analysts expect that Twenty-First Century Fox will post 1.98 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Research Global Investors increased its stake in shares of Twenty-First Century Fox by 20.2% in the 2nd quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock valued at $2,425,384,000 after buying an additional 14,398,422 shares during the period. Vanguard Group Inc. increased its stake in shares of Twenty-First Century Fox by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 67,589,972 shares of the company’s stock valued at $1,915,500,000 after buying an additional 287,817 shares during the period. BlackRock Inc. increased its stake in shares of Twenty-First Century Fox by 2.5% in the 2nd quarter. BlackRock Inc. now owns 59,202,463 shares of the company’s stock valued at $1,677,798,000 after buying an additional 1,432,981 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Twenty-First Century Fox by 8.8% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 37,460,118 shares of the company’s stock valued at $988,198,000 after buying an additional 3,018,013 shares during the period. Finally, Independent Franchise Partners LLP increased its stake in shares of Twenty-First Century Fox by 7.7% in the 3rd quarter. Independent Franchise Partners LLP now owns 28,394,638 shares of the company’s stock valued at $749,050,000 after buying an additional 2,039,154 shares during the period. 54.50% of the stock is owned by institutional investors.

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Twenty-First Century Fox Company Profile

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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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