Recent Investment Analysts’ Ratings Updates for Twenty-First Century Fox (FOXA)

Twenty-First Century Fox (NASDAQ: FOXA) has recently received a number of price target changes and ratings updates:

  • 2/12/2018 – Twenty-First Century Fox had its price target raised by analysts at BMO Capital Markets from $35.00 to $37.00. They now have a “market perform” rating on the stock.
  • 2/9/2018 – Twenty-First Century Fox was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 1/26/2018 – Twenty-First Century Fox had its “buy” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $44.00 price target on the stock.
  • 1/22/2018 – Twenty-First Century Fox was upgraded by analysts at Atlantic Securities from a “neutral” rating to an “overweight” rating.
  • 1/16/2018 – Twenty-First Century Fox was upgraded by analysts at B. Riley from a “neutral” rating to a “buy” rating. They now have a $46.00 price target on the stock, up previously from $38.00.
  • 1/9/2018 – Twenty-First Century Fox was downgraded by analysts at Pivotal Research from a “buy” rating to a “hold” rating. They now have a $38.00 price target on the stock, up previously from $37.00. They wrote, “We are downgrading both 21 st Century Fox and Discovery at this time, as those companies’ recent gains result in relatively fully-valued stocks. We maintain a Buy on Time Warner, Sell on Disney as well Hold ratings on both of CBS and Viacom. Ahead of 4Q17 earnings, we continue to see weak fundamentals for video-centric media owners. Cord shaving and cord-cutting erodes subscriber bases, constraining affiliate fee revenue growth. Viewing of video content is still expanding, although much of its growth accrues to newer SVOD services and YouTube. Advertising looks relatively worse, as the large brands who dominate it are generally reducing spending on the medium and are not likely to be replaced by enough emerging brands to make up the difference. This paired with marginal shifts into digital media lead to our view that national TV advertising declines going forward.””
  • 1/4/2018 – Twenty-First Century Fox was upgraded by analysts at Wells Fargo & Co to a “market weight” rating.
  • 1/3/2018 – Twenty-First Century Fox had its price target raised by analysts at Royal Bank of Canada to $43.00. They now have an “outperform” rating on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 12/29/2017 – Twenty-First Century Fox had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $39.00 price target on the stock.
  • 12/22/2017 – Twenty-First Century Fox had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $37.00 price target on the stock.
  • 12/22/2017 – Twenty-First Century Fox had its price target raised by analysts at Jefferies Group LLC from $30.00 to $43.00. They now have a “buy” rating on the stock.
  • 12/21/2017 – Twenty-First Century Fox was downgraded by analysts at Loop Capital from a “hold” rating to a “sell” rating. They now have a $31.00 price target on the stock.
  • 12/18/2017 – Twenty-First Century Fox was downgraded by analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating. They now have a $35.00 price target on the stock.
  • 12/16/2017 – Twenty-First Century Fox was given a new $40.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.
  • 12/15/2017 – Twenty-First Century Fox had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $34.00 price target on the stock, up previously from $28.00.
  • 12/14/2017 – Twenty-First Century Fox had its price target raised by analysts at Pivotal Research from $35.00 to $37.00. They now have a “buy” rating on the stock.

Shares of Twenty-First Century Fox Inc (NASDAQ FOXA) traded up $1.17 on Monday, hitting $35.73. 16,932,400 shares of the stock were exchanged, compared to its average volume of 10,771,536. The company has a debt-to-equity ratio of 0.98, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a market cap of $66,190.82, a P/E ratio of 16.70, a PEG ratio of 1.85 and a beta of 1.32. Twenty-First Century Fox Inc has a 1-year low of $24.81 and a 1-year high of $39.13.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.38 by $0.04. Twenty-First Century Fox had a net margin of 13.49% and a return on equity of 19.01%. The business had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. During the same quarter last year, the firm posted $0.53 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. equities analysts forecast that Twenty-First Century Fox Inc will post 2.03 EPS for the current fiscal year.

The firm also recently announced a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be issued a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is currently 16.82%.

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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