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S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
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Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Trading Millionaire Reveals, “2008 Was My Most Profitable Year” (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Closing prices for crude oil, gold and other commodities
Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast (Ad)
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Biden's Plan to Confiscate Your Cash? (Ad)
NASDAQ:FOXA

FOX - FOXA Stock Forecast, Price & News

$33.74
+0.27 (+0.81%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$33.39
$34.00
50-Day Range
$31.52
$35.28
52-Week Range
$31.33
$44.95
Volume
2.53 million shs
Average Volume
2.98 million shs
Market Capitalization
$18.78 billion
P/E Ratio
16.95
Dividend Yield
1.43%
Price Target
$41.22

FOX MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
22.2% Upside
$41.22 Price Target
Short Interest
Healthy
3.02% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.15mentions of FOX in the last 14 days
Based on 8 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
28.52%
From $2.84 to $3.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.75 out of 5 stars

Consumer Discretionary Sector

45th out of 287 stocks

Television Broadcasting Stations Industry

2nd out of 15 stocks

FOXA stock logo

About FOX (NASDAQ:FOXA) Stock

Fox Corporation operates as a news, sports, and entertainment company in the United States. The company operates through three segments: Cable Network Programming; Television; and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online multi-channel video programming distributors. It operates FOX News, a national cable news channel; FOX Business, a business news national cable channel; FS1 and FS2 multi-sport national networks; FOX Sports Racing, a video programming service that comprises motor sports programming; and FOX Soccer Plus, a video programming network for live soccer and rugby competitions; FOX Deportes, a Spanish-language sports programming service; and Big Ten Network, a national video programming service. The Television segment acquires, produces, markets, and distributes broadcast network programming. It operates The FOX Network, a national television broadcast network that broadcasts sports programming and entertainment; MyNetworkTV, a programming distribution service; Fox Alternative Entertainment, a full-service production studio that develops and produces unscripted and alternative programming; Bento Box, which develops and produces animated programing; and Tubi, a free advertising-supported video-on-demand service. This segment owns and operates 29 broadcast television stations. The Other, Corporate and Eliminations segment owns the FOX Studios lot that provides production and post-production services, including 15 sound stages, 2 broadcast studios, theaters and screening rooms, editing bays, and television and film production facilities in Los Angeles, California. The company was incorporated in 2018 and is based in New York, New York.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Wolfe Research cut shares of FOX from an "outperform" rating to a "peer perform" rating and reduced their price target for the company from $52.00 to $39.00 in a research report on Thursday, June 2nd. Rosenblatt Securities assumed coverage on shares of FOX in a research report on Tuesday, April 19th. They set a "neutral" rating and a $38.00 price target on the stock. UBS Group reduced their price target on shares of FOX to $46.00 in a research report on Tuesday, July 26th. The Goldman Sachs Group reduced their price target on shares of FOX from $32.00 to $30.00 and set a "sell" rating on the stock in a research report on Tuesday, July 26th. Finally, Morgan Stanley cut shares of FOX from an "overweight" rating to an "equal weight" rating and cut their price objective for the stock from $45.00 to $38.00 in a report on Monday, July 18th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, FOX presently has a consensus rating of "Hold" and a consensus price target of $41.22.

FOX Stock Up 0.8 %

Shares of NASDAQ:FOXA traded up $0.27 during trading on Tuesday, reaching $33.74. 2,526,228 shares of the stock traded hands, compared to its average volume of 2,982,062. The stock has a 50-day moving average of $33.36 and a two-hundred day moving average of $36.96. FOX has a 52-week low of $31.33 and a 52-week high of $44.95. The company has a debt-to-equity ratio of 0.64, a quick ratio of 3.36 and a current ratio of 3.73. The stock has a market cap of $18.78 billion, a P/E ratio of 16.95, a price-to-earnings-growth ratio of 0.74 and a beta of 0.90.

FOX (NASDAQ:FOXA - Get Rating) last posted its quarterly earnings results on Tuesday, May 10th. The company reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.04). FOX had a net margin of 8.33% and a return on equity of 13.84%. The firm had revenue of $3.46 billion for the quarter, compared to analysts' expectations of $3.39 billion. During the same quarter in the previous year, the company earned $0.88 EPS. The company's quarterly revenue was up 7.5% compared to the same quarter last year. As a group, sell-side analysts expect that FOX will post 2.84 earnings per share for the current fiscal year.

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FOXA Stock News Headlines

FOX (FOXA) Scheduled to Post Earnings on Wednesday
UBS Group Trims FOX (NASDAQ:FOXA) Target Price to $46.00
FOX (NASDAQ:FOXA) PT Lowered to $38.00 at Evercore ISI
FOX (NASDAQ:FOXA) PT Lowered to $30.00
See More Headlines
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FOXA Company Calendar

Last Earnings
11/03/2021
Today
8/10/2022
Next Earnings (Confirmed)
8/10/2022
Fiscal Year End
6/30/2023

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
N/A
Current Symbol
NASDAQ:FOXA
Previous Symbol
NASDAQ:FOXAV
Fax
N/A
Employees
9,000
Year Founded
2019

Price Target and Rating

Average Stock Price Forecast
$41.22
High Stock Price Forecast
$50.00
Low Stock Price Forecast
$30.00
Forecasted Upside/Downside
+22.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
9 Analysts

Profitability

Net Income
$2.15 billion
Pretax Margin
11.60%

Debt

Sales & Book Value

Annual Sales
$12.91 billion
Cash Flow
$3.57 per share
Book Value
$19.31 per share

Miscellaneous

Free Float
453,973,000
Market Cap
$18.78 billion
Optionable
Optionable
Beta
0.90

Social Links


Key Executives

  • Mr. Keith Rupert Murdoch AC (Age 91)
    Exec. Chairman
    Comp: $14.39M
  • Mr. Lachlan Keith Murdoch (Age 51)
    Exec. Chairman & CEO
    Comp: $14.04M
  • Mr. Steven Silvester Tomsic (Age 53)
    Chief Financial Officer
    Comp: $5.52M
  • Mr. John P. Nallen (Age 65)
    Chief Operating Officer
    Comp: $6.8M
  • Mr. Viet D. Dinh (Age 54)
    Chief Legal & Policy Officer
    Comp: $7.55M
  • Mr. Paul Cheesbrough
    CTO & Pres of Digital
  • Ms. Gabrielle Brown
    Exec. VP & Chief Investor Relations Officer
  • Mr. Nicholas Trutanich
    Exec. VP of Litigation, Chief Ethics & Compliance Officer
  • Mr. Brian Nick
    Chief Communications Officer & Exec. VP
  • Ms. Inae Wilson
    Exec. VP of Broadcast Distribution & Marketing













FOXA Stock - Frequently Asked Questions

Should I buy or sell FOX stock right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FOX in the last year. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" FOXA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FOXA, but not buy additional shares or sell existing shares.
View FOXA analyst ratings
or view top-rated stocks.

What is FOX's stock price forecast for 2022?

9 brokerages have issued 12-month price objectives for FOX's shares. Their FOXA share price forecasts range from $30.00 to $50.00. On average, they anticipate the company's stock price to reach $41.22 in the next year. This suggests a possible upside of 22.2% from the stock's current price.
View analysts price targets for FOXA
or view top-rated stocks among Wall Street analysts.

How has FOX's stock price performed in 2022?

FOX's stock was trading at $36.90 at the start of the year. Since then, FOXA stock has decreased by 8.6% and is now trading at $33.74.
View the best growth stocks for 2022 here
.

When is FOX's next earnings date?

FOX is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022.
View our FOXA earnings forecast
.

How can I listen to FOX's earnings call?

FOX will be holding an earnings conference call on Wednesday, August 10th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were FOX's earnings last quarter?

Fox Co. (NASDAQ:FOXA) posted its earnings results on Wednesday, November, 3rd. The company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $1.00 by $0.11. The firm earned $3.05 billion during the quarter, compared to analysts' expectations of $2.91 billion. FOX had a trailing twelve-month return on equity of 13.84% and a net margin of 8.33%. During the same quarter in the prior year, the business posted $1.18 earnings per share.
Read the conference call transcript
.

How often does FOX pay dividends? What is the dividend yield for FOX?

FOX declared a Semi-Annual dividend on Wednesday, February 9th. Stockholders of record on Wednesday, March 2nd will be given a dividend of $0.24 per share on Wednesday, March 30th. This represents a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 1st.
Read our dividend analysis for FOXA
.

Is FOX a good dividend stock?

FOX (NASDAQ:FOXA) pays an annual dividend of $0.48 per share and currently has a dividend yield of 1.43%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 24.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FOXA will have a dividend payout ratio of 13.15% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for FOXA.

What is Lachlan Murdoch's approval rating as FOX's CEO?

8 employees have rated FOX Chief Executive Officer Lachlan Murdoch on Glassdoor.com. Lachlan Murdoch has an approval rating of 62% among the company's employees. This puts Lachlan Murdoch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of FOX own?

Based on aggregate information from My MarketBeat watchlists, some companies that other FOX investors own include Walt Disney (DIS), Cisco Systems (CSCO), Boeing (BA), Intel (INTC), NVIDIA (NVDA), QUALCOMM (QCOM), AT&T (T), General Electric (GE), Netflix (NFLX) and JPMorgan Chase & Co. (JPM).

What is FOX's stock symbol?

FOX trades on the NASDAQ under the ticker symbol "FOXA."

Who are FOX's major shareholders?

FOX's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Fort Washington Investment Advisors Inc. OH (0.53%), Yacktman Asset Management LP (0.48%), Thompson Siegel & Walmsley LLC (0.27%), Swiss National Bank (0.25%), Scout Investments Inc. (0.22%) and KBC Group NV (0.21%).

How do I buy shares of FOX?

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

What is FOX's stock price today?

One share of FOXA stock can currently be purchased for approximately $33.74.

How much money does FOX make?

FOX (NASDAQ:FOXA) has a market capitalization of $18.78 billion and generates $12.91 billion in revenue each year. The company earns $2.15 billion in net income (profit) each year or $1.99 on an earnings per share basis.

How many employees does FOX have?

FOX employs 9,000 workers across the globe.

Does FOX have any subsidiaries?

The following companies are subsidiares of FOX: Bento Box Entertainment LLC, Big Ten Network Services, Credible, Credible Labs Inc., FSG Services, Fox B10 Channel Partner, Fox Broadcasting Company, Fox News Network, Fox Sports 1, Fox Sports 2, Fox Sports Holdings, Fox Sports Productions, Fox Television Holdings, Fox Television Stations, Fox/UTV Holdings, Foxcorp Holdings LLC, KCOP Television, NW Communications of Phoenix, NW Communications of Texas, NWC Acquisition Corporation, NWC Holdings Corporation, NWC Sub I Holdings Corporation, NWC Sub II Holdings Corporation, New Fox Services LLC, New World Communications Group Incorporated, New World Communications of Atlanta, New World Communications of Detroit, New World Communications of Tampa, New World Television Incorporated, Sky, Tubi, and UTV of San Francisco.
Read More

When was FOX founded?

FOX was founded in 2019.

How can I contact FOX?

FOX's mailing address is 1211 AVENUE OF THE AMERICAS, NEW YORK NY, 10036. The official website for the company is www.foxcorporation.com. The company can be reached via phone at (212) 852-7000.

This page (NASDAQ:FOXA) was last updated on 8/10/2022 by MarketBeat.com Staff

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