Analysts Issue Forecasts for FOX's Q2 Earnings (NASDAQ:FOXA)

Fox Co. (NASDAQ:FOXA - Free Report) - Research analysts at Seaport Res Ptn lowered their Q2 2025 earnings estimates for FOX in a report released on Monday, November 4th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will earn $0.36 per share for the quarter, down from their prior estimate of $0.56. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for FOX's current full-year earnings is $3.70 per share. Seaport Res Ptn also issued estimates for FOX's Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.72 EPS and FY2026 earnings at $3.36 EPS.

FOX (NASDAQ:FOXA - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $1.45 EPS for the quarter, beating analysts' consensus estimates of $1.12 by $0.33. The firm had revenue of $3.56 billion for the quarter, compared to analysts' expectations of $3.38 billion. FOX had a return on equity of 16.49% and a net margin of 13.40%. The company's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm earned $1.09 EPS.

Other equities research analysts have also recently issued research reports about the stock. Morgan Stanley lifted their price target on shares of FOX from $38.00 to $40.00 and gave the company an "equal weight" rating in a research note on Friday, November 1st. Wells Fargo & Company lifted their target price on shares of FOX from $46.00 to $49.00 and gave the company an "overweight" rating in a research report on Tuesday. Cfra restated a "sell" rating on shares of FOX in a research report on Wednesday, September 25th. Guggenheim boosted their price objective on FOX from $45.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday. Finally, Macquarie reissued a "neutral" rating and set a $43.00 target price on shares of FOX in a report on Tuesday. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $44.00.

FOX Price Performance

Shares of FOX stock traded down $0.81 on Thursday, reaching $44.67. The company's stock had a trading volume of 3,742,336 shares, compared to its average volume of 3,003,167. The company has a quick ratio of 2.33, a current ratio of 2.59 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $20.56 billion, a P/E ratio of 10.92, a PEG ratio of 1.95 and a beta of 0.76. The stock has a 50-day moving average price of $41.53 and a 200-day moving average price of $37.48. FOX has a 52-week low of $28.28 and a 52-week high of $45.82.

Institutional Investors Weigh In On FOX

A number of institutional investors have recently made changes to their positions in the stock. Quest Partners LLC purchased a new position in shares of FOX during the 3rd quarter worth approximately $51,000. Seizert Capital Partners LLC lifted its stake in FOX by 7.6% during the third quarter. Seizert Capital Partners LLC now owns 349,304 shares of the company's stock worth $14,786,000 after purchasing an additional 24,795 shares in the last quarter. CIBC Asset Management Inc lifted its stake in FOX by 4.8% during the third quarter. CIBC Asset Management Inc now owns 35,301 shares of the company's stock worth $1,494,000 after purchasing an additional 1,616 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd boosted its position in shares of FOX by 69.6% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 16,674 shares of the company's stock worth $706,000 after buying an additional 6,843 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in shares of FOX in the third quarter valued at $620,000. 52.52% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, COO John Nallen sold 52,874 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $38.96, for a total value of $2,059,971.04. Following the completion of the sale, the chief operating officer now owns 249,424 shares of the company's stock, valued at $9,717,559.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In other news, COO John Nallen sold 52,874 shares of the company's stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $38.96, for a total value of $2,059,971.04. Following the transaction, the chief operating officer now owns 249,424 shares of the company's stock, valued at $9,717,559.04. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Keith Rupert Murdoch sold 100,000 shares of the stock in a transaction on Wednesday, November 6th. The stock was sold at an average price of $42.05, for a total value of $4,205,000.00. Following the transaction, the chairman now owns 1,258,862 shares of the company's stock, valued at approximately $52,935,147.10. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 335,355 shares of company stock valued at $14,244,865 over the last ninety days. Company insiders own 21.77% of the company's stock.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.