In today’s recent session, 1.64 million shares of the Fox Corporation (NASDAQ:FOXA) have been traded, and its beta is 0.53. Most recently the company’s share price was $53.62, and it changed around -$1.7 or -3.08% from the last close, which brings the market valuation of the company to $23.07B. FOXA at last check was trading at a discount to its 52-week high of $58.74, offering almost -9.55% off that amount. The share price’s 52-week low was $32.76, which indicates that the recent value has risen by an impressive 38.9% since then.
Fox Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 2.46. If we narrow it down even further, the data shows that 2 out of 22 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 11 recommended FOXA as a Hold, whereas 8 deemed it a Buy, and 0 rated it as Underweight. Fox Corporation is expected to report earnings per share of 1.0 for the current quarter.
Fox Corporation (NASDAQ:FOXA) trade information
Instantly FOXA has been showing red trend so far today with a performance of -3.08% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 55.35 on recent trading dayincreased the stock’s daily price by 3.13%. The company’s shares are currently up 10.37% year-to-date, but still down -2.03% over the last five days. On the other hand, Fox Corporation (NASDAQ:FOXA) is -4.39% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $63, which translates to bulls needing to increase their stock price by 14.89% from its current value. Analyst projections state that FOXA is forecast to be at a low of $60 and a high of $66.
Fox Corporation (FOXA) estimates and forecasts
The year-over-year growth rate is expected to be 15.37%, up from the previous year.
Consensus estimates provided by 15 financial analysts predict the company will bring in an average of 3.11B in revenue for the current quarter. 6 analysts expect Fox Corporation to make 3.56B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.09B and 3.56B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 0.70%. Forecasts for the next quarter put sales growth at 0.02%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 4.01%. Fox Corporation earnings are expected to increase by 30.88% in 2025, but the outlook is positive 11.80% per year for the next five years.
FOXA Dividends
Fox Corporation’s next quarterly earnings report is expected to be released in July. The annual dividend yield of the stock is 1.01 percent and its annual dividend per share was 0.54. It is important to note, however, that the 1.01% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
VANGUARD GROUP INC, with 6.2158% or 29.09 million shares worth $999.82 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
