Free Trial
NASDAQ:FOXA

FOX (FOXA) Stock Price, News & Analysis

FOX logo
$49.53 +0.69 (+1.41%)
(As of 12/20/2024 05:16 PM ET)

About FOX Stock (NASDAQ:FOXA)

Key Stats

Today's Range
$48.22
$49.63
50-Day Range
$41.55
$49.53
52-Week Range
$28.28
$50.63
Volume
9.51 million shs
Average Volume
3.17 million shs
Market Capitalization
$22.62 billion
P/E Ratio
12.11
Dividend Yield
1.09%
Price Target
$46.87
Consensus Rating
Hold

Company Overview

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. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and operates power broadcast television stations including duopolies and other digital platform; and produces content for third parties. The Credible segment engages in the consumer finance marketplace. The FOX Studio Lot segment provides television and film production services along with office space, studio operation services and includes all operations of the facility. The company was incorporated in 2018 and is headquartered in New York, New York.

FOX Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
54th Percentile Overall Score

FOXA MarketRank™: 

FOX scored higher than 54% of companies evaluated by MarketBeat, and ranked 167th out of 291 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    FOX has received a consensus rating of Hold. The company's average rating score is 2.39, and is based on 8 buy ratings, 9 hold ratings, and 1 sell rating.

  • Amount of Analyst Coverage

    FOX has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about FOX's stock forecast and price target.
  • Earnings Growth

    Earnings for FOX are expected to decrease by -4.82% in the coming year, from $3.94 to $3.75 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of FOX is 12.11, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.73.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of FOX is 12.11, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.33.

  • Price to Earnings Growth Ratio

    FOX has a PEG Ratio of 1.18. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    FOX has a P/B Ratio of 2.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    10.59% of the float of FOX has been sold short.
  • Short Interest Ratio / Days to Cover

    FOX has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in FOX has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    FOX pays a meaningful dividend of 1.10%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    FOX does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of FOX is 13.20%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, FOX will have a dividend payout ratio of 14.40% next year. This indicates that FOX will be able to sustain or increase its dividend.

  • Read more about FOX's dividend.
  • Percentage of Shares Shorted

    10.59% of the float of FOX has been sold short.
  • Short Interest Ratio / Days to Cover

    FOX has a short interest ratio ("days to cover") of 6.9.
  • Change versus previous month

    Short interest in FOX has recently increased by 13.27%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    FOX has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 22 news articles for FOX this week, compared to 11 articles on an average week.
  • Search Interest

    Only 25 people have searched for FOXA on MarketBeat in the last 30 days. This is a decrease of -22% compared to the previous 30 days.
  • MarketBeat Follows

    5 people have added FOX to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, FOX insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,822,072.00 in company stock.

  • Percentage Held by Insiders

    21.77% of the stock of FOX is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    52.52% of the stock of FOX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about FOX's insider trading history.
Receive FOXA Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for FOX and its competitors with MarketBeat's FREE daily newsletter.

FOXA Stock News Headlines

Fox Co. (NASDAQ:FOXA) Receives $44.00 Average PT from Analysts
Crypto’s hidden gem + greatest crypto bull run in history = $$$?
You don’t actually want to buy Bitcoin this time around. That’s because there’s a better way to take advantage of this new bull market… One market expert calls it Crypto’s Hidden Gem And it’s a new way that has given folks like you and me the chance to see bigger and faster moves than the traditional way of buying Bitcoin… That means if you’ve stayed away from Bitcoin and crypto because it's confusing or seems risky… This is a much safer and better approach to ride this years’ crypto bull run. Because believe it or not… The 2024 crypto bull run is one you DON’T want to miss.
FOX (NASDAQ:FOXA) Given New $58.00 Price Target at Citigroup
FOX (NASDAQ:FOXA) Stock Rating Lowered by StockNews.com
See More Headlines

FOXA Stock Analysis - Frequently Asked Questions

FOX's stock was trading at $29.67 at the start of the year. Since then, FOXA shares have increased by 66.9% and is now trading at $49.53.
View the best growth stocks for 2024 here
.

Fox Co. (NASDAQ:FOXA) issued its earnings results on Monday, November, 4th. The company reported $1.45 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.33. FOX's revenue was up 11.1% on a year-over-year basis.
Read the conference call transcript
.

The following companies are subsidiaries of FOX: Tubi, Credible, Sky, Bento Box Entertainment LLC, Big Ten Network Services, Credible Labs Inc., Fox B10 Channel Partner, and others.

Top institutional shareholders of FOX include State Street Corp (3.39%), Pacer Advisors Inc. (1.72%), Geode Capital Management LLC (1.44%) and AustralianSuper Pty Ltd (0.56%). Insiders that own company stock include Lachlan K Murdoch, John Nallen, John Nallen, Steven Tomsic and Viet D Dinh.
View institutional ownership trends
.

Shares of FOXA stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that FOX investors own include American Water Works (AWK), Humana (HUM), Waste Connections (WCN), DiamondRock Hospitality (DRH), The RMR Group (RMR), AUO (AUOTY) and Voyager Therapeutics (VYGR).

Company Calendar

Ex-Dividend for 9/25 Dividend
9/04/2024
Dividend Payable
9/25/2024
Last Earnings
11/04/2024
Today
12/22/2024
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Communication
Current Symbol
NASDAQ:FOXA
Previous Symbol
NASDAQ:FOXAV
Fax
N/A
Employees
10,200
Year Founded
2019

Price Target and Rating

Average Stock Price Target
$46.87
High Stock Price Target
$58.00
Low Stock Price Target
$38.00
Potential Upside/Downside
-5.4%
Consensus Rating
Hold
Rating Score (0-4)
2.39
Research Coverage
18 Analysts

Profitability

Net Income
$1.50 billion
Pretax Margin
18.52%

Debt

Sales & Book Value

Annual Sales
$14.34 billion
Cash Flow
$4.78 per share
Book Value
$23.44 per share

Miscellaneous

Free Float
357,305,000
Market Cap
$22.62 billion
Optionable
Optionable
Beta
0.77

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

This page (NASDAQ:FOXA) was last updated on 12/22/2024 by MarketBeat.com Staff
From Our Partners