NASDAQ:FOXA

FOX Stock Forecast, Price & News

$33.07

+0.91 (+2.83%)

(As of 07/1/2022 05:43 PM ET)

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Today's Range: $31.99
▼
$33.13
50-Day Range: $31.52
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$37.99
52-Week Range: $31.33
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$44.95

Volume: 1.51 million shs
Average Volume: 3.18 million shs
Market Capitalization: $18.41 billion

P/E Ratio: 16.62
Dividend Yield: 1.49%
Price Target: $43.75

FOX Stock Forecast (MarketRank)

Analyst Rating: Moderate Buy
2.50 Rating Score
Upside/Downside: 32.3% Upside
$43.75 Price Target
Short Interest: Bearish
3.75% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.00
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 36.07%
From $2.80 to $3.81 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.35 out of 5 stars

Consumer Discretionary Sector

24th out of 404 stocks

Television Broadcasting Stations Industry

3rd out of 21 stocks

3.3 Analyst's Opinion

Consensus Rating
FOX has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 6 buy ratings, 3 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $43.75, FOX has a forecasted upside of 32.3% from its current price of $33.07.
Amount of Analyst Coverage
FOX has only been the subject of 3 research reports in the past 90 days.

2.0 Short Interest

Percentage of Shares Shorted
3.75% 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 4.3.
Change versus previous month
Short interest in FOX has recently increased by 8.98%, indicating that investor sentiment is decreasing significantly.

2.5 Dividend Strength

Dividend Yield
FOX pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
FOX has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of FOX is 24.12%. 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 12.60% next year. This indicates that FOX will be able to sustain or increase its dividend.

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FOXA.

1.7 News and Social Media Coverage

News Sentiment
FOX has a news sentiment score of 0.00. 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 lower news sentiment than the 0.58 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for FOX this week, compared to 10 articles on an average week.
Search Interest
2 people have searched for FOXA on MarketBeat in the last 30 days.
MarketBeat Follows
Only 3 people have added FOX to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FOX insiders have not sold or bought any company stock.
Percentage Held by Insiders
18.46% 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
56.94% of the stock of FOX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for FOX are expected to grow by 36.07% in the coming year, from $2.80 to $3.81 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FOX is 16.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 51.78.
Price to Earnings Ratio vs. Sector
The P/E ratio of FOX is 16.62, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.57.
Price to Earnings Growth Ratio
FOX has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.
Price to Book Value per Share Ratio
FOX has a P/B Ratio of 1.71. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About FOX (NASDAQ:FOXA)

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.

June 29, 2022 | cnbc.com

Longtime Google exec Nick Fox to lead commerce business following Ready's departure to Pinterest - CNBC

June 29, 2022 | abcnews.go.com

Ratings show Fox News viewers tuning out Jan. 6 hearings - ABC News

June 28, 2022 | businessinsider.com

Kari Lake gets defensive on Fox News over drag queen allegations - Business Insider

June 26, 2022 | nbcnews.com

Fox News' Gianno Caldwell’s younger brother killed in Chicago shooting - NBC News

June 22, 2022 | nytimes.com

Judge Allows Fox News Defamation Suit to Include Fox Corporation - The New York Times

June 21, 2022 | reuters.com

Fox News parent must face defamation lawsuit over election coverage - Reuters

June 20, 2022 | bizjournals.com

Media: Former Fox News host settles with network - Bizwomen - The Business Journals

June 20, 2022 | latimes.com

Fox News pays Melissa Francis $15 million after pay complaint - Los Angeles Times

June 19, 2022 | washingtonpost.com

Fox News paid Melissa Francis $15 million after pay disparity claim - The Washington Post

June 17, 2022 | usatoday.com

Former NASCAR driver and Fox analyst Clint Bowyer involved in deadly crash - USA TODAY

June 13, 2022 | nbcnews.com

Fox Sports doesn't show 'Jeopardy' champ Amy Schneider throwing out first pitch - NBC News

June 13, 2022 | nytimes.com

Jan. 6 Hearings Focus on Fox News Call That Made Trump’s Loss Clear - The New York Times

June 13, 2022 | nytimes.com

Fox News Plans to Show Jan. 6 Hearing After Skipping Opening Night - The New York Times

June 9, 2022 | washingtonpost.com

Analysis | Fox News must humbly inform you that the caravans are back - The Washington Post

June 7, 2022 | washingtonpost.com

Opinion | Fox News has dominated White House press briefings - The Washington Post

June 2, 2022 | finance.yahoo.com

Fox (FOXA) Business Network Rated as Business News Leader

June 1, 2022 | nypost.com

Fox anchors confront Biden adviser Gene Sperling over rampant inflation - New York Post

May 28, 2022 | forbes.com

Fox News Channel: Highlights Of Ukraine War Coverage From The Network’s News Side - Forbes

May 27, 2022 | washingtonpost.com

Opinion | Fox News embraces post-shooting thoughts and prayers - The Washington Post

May 21, 2022 | businessinsider.com

Fox host compares the Bidens to Fidel Castro and Nicolás Maduro - Business Insider

May 19, 2022 | washingtonpost.com

National Zoo flamingos case: Fox killing was necessary, officials say - The Washington Post

May 19, 2022 | forbes.com

Fox News Hosts Take A Victory Lap Over The Fate Of Biden Administration Disinformation Board - Forbes

May 18, 2022 | finance.yahoo.com

Fox (FOXA) News Digital Tops Brands in Multiplatform Minutes

May 17, 2022 | cnn.com

Fox hosts feel the heat but deflect criticism after Buffalo massacre - CNN

May 17, 2022 | nytimes.com

Schumer Calls on Murdoch and Fox News Executives to Stop Amplifying Replacement Theory - The New York Times

See More Headlines

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Television broadcasting stations
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:FOXA
Previous Symbol: NASDAQ:FOXAV
CUSIP: N/A
CIK: 1308161
Web: www.foxcorporation.com
Phone: (212) 852-7000
Fax: N/A
Employees: 9,000
Year Founded: 2019

Company Calendar

Last Earnings: 5/10/2022
Today: 7/02/2022
Next Earnings (Estimated): 8/03/2022
Fiscal Year End: 6/30/2023

Price Target and Rating

Average Stock Price Forecast: $43.75
High Stock Price Forecast: $50.00
Low Stock Price Forecast: $36.00
Forecasted Upside/Downside: +32.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.5
Research Coverage: 10 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.99
Trailing P/E Ratio: 16.62
Forward P/E Ratio: 11.81
P/E Growth: 0.96
Net Income: $2.15 billion
Net Margins: 8.33%
Pretax Margin: 11.60%
Return on Equity: 13.84%
Return on Assets: 6.85%

Debt

Debt-to-Equity Ratio: 0.64
Current Ratio: 3.73
Quick Ratio: 3.36

Sales & Book Value

Annual Sales: $12.91 billion
Price / Sales: 1.43
Cash Flow: $3.56 per share
Price / Cash Flow: 9.29
Book Value: $19.31 per share
Price / Book: 1.71

Miscellaneous

Outstanding Shares: 556,749,000
Free Float: 453,973,000
Market Cap: $18.41 billion
Optionable: Optionable
Beta: 0.93

Social Links

FOX Frequently Asked Questions

Should I buy or sell FOX stock right now?: 10 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FOX in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FOX stock.
View analyst ratings for FOX or view top-rated stocks.
What is FOX's stock price forecast for 2022?: 10 Wall Street research analysts have issued 12 month target prices for FOX's shares. Their FOXA stock forecasts range from $36.00 to $50.00. On average, they anticipate FOX's stock price to reach $43.75 in the next twelve months. This suggests a possible upside of 32.3% from the stock's current price.
View analysts' price targets for FOX 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 beginning of 2022. Since then, FOXA shares have decreased by 10.4% and is now trading at $33.07.
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 3rd 2022.
View our earnings forecast for FOX.
How were FOX's earnings last quarter?: Fox Co. (NASDAQ:FOXA) issued its earnings results on Tuesday, May, 10th. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by $0.04. The business had revenue of $3.46 billion for the quarter, compared to the consensus estimate of $3.39 billion. FOX had a trailing twelve-month return on equity of 13.84% and a net margin of 8.33%. The firm's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.88 earnings per share.
View FOX's earnings history.
How often does FOX pay dividends? What is the dividend yield for FOX?: FOX declared a Semi-Annual dividend on Wednesday, February 9th. Investors of record on Wednesday, March 2nd will be given a dividend of $0.24 per share on Wednesday, March 30th. This represents a yield of 1.1%. The ex-dividend date is Tuesday, March 1st.
View FOX's dividend history.
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 1.49%. FOX does not yet have a strong track record of dividend growth. The dividend payout ratio of FOX is 24.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, FOX will have a dividend payout ratio of 12.60% next year. This indicates that FOX will be able to sustain or increase its dividend.
View FOX's dividend history.
Who are FOX's key executives?: FOX's management team includes the following people:
Mr. Keith Rupert Murdoch AC, Exec. Chairman (Age 91, Pay $14.39M)
Mr. Lachlan Keith Murdoch, Exec. Chairman & CEO (Age 51, Pay $14.04M)
Mr. Steven Silvester Tomsic, Chief Financial Officer (Age 53, Pay $5.52M)
Mr. John P. Nallen, Chief Operating Officer (Age 65, Pay $6.8M)
Mr. Viet D. Dinh, Chief Legal & Policy Officer (Age 54, Pay $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

What is Lachlan Murdoch's approval rating as FOX's CEO?: 8 employees have rated FOX CEO Lachlan Murdoch on Glassdoor.com. Lachlan Murdoch has an approval rating of 62% among FOX's employees. This puts Lachlan Murdoch in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
Who are some of FOX's key competitors?: Some companies that are related to FOX include Paramount Global (PARAA), ViacomCBS (VIACA), FOX (FOX), Paramount Global (PARA), Formula One Group (FWONK), Formula One Group (FWONB), Formula One Group (FWONA), Nexstar Media Group (NXST), TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), ProSiebenSat.1 Media (PBSFY), Gray Television (GTN), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A) and E.W. Scripps (SSP).
View all of FOXA's competitors.
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."
How do I buy shares of FOX?: Shares of FOXA 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 $33.07.
How much money does FOX make?: FOX (NASDAQ:FOXA) has a market capitalization of $18.41 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 FOX is www.foxcorporation.com. The company can be reached via phone at (212) 852-7000.

This page (NASDAQ:FOXA) was last updated on 7/2/2022 by MarketBeat.com Staff

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FOX Stock Forecast, Price & News

FOX Stock Forecast (MarketRank)

Overall MarketRank™

3.3 Analyst's Opinion

2.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

2.5 Dividend Strength

0.0 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

1.7 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

1.7 Company Ownership

3.1 Earnings and Valuation

Receive FOXA Stock News and Ratings via Email

About FOX (NASDAQ:FOXA)

FOXA Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

FOX Frequently Asked Questions

Should I buy or sell FOX stock right now?

What is FOX's stock price forecast for 2022?

How has FOX's stock price performed in 2022?

When is FOX's next earnings date?

How were FOX's earnings last quarter?

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

Is FOX a good dividend stock?

Who are FOX's key executives?

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

Who are some of FOX's key competitors?

What other stocks do shareholders of FOX own?

What is FOX's stock symbol?

How do I buy shares of FOX?

What is FOX's stock price today?

How much money does FOX make?

How many employees does FOX have?

Does FOX have any subsidiaries?

When was FOX founded?

How can I contact FOX?

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Overall MarketRank^™