Twenty-First Century Fox (NASDAQ:FOXA) has received a consensus recommendation of “Buy” from the twenty-eight ratings firms that are presently covering the company, StockRatingsNetwork.com reports. Four investment analysts have rated the stock with a hold rating, eighteen have issued a buy rating and two have given a strong buy rating to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $39.44.
Several analysts have recently commented on the stock. Analysts at Cowen and Company downgraded shares of Twenty-First Century Fox from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 23rd. Separately, analysts at ISI Group downgraded shares of Twenty-First Century Fox from a “strong-buy” rating to a “buy” rating in a research note on Thursday, July 17th. Finally, analysts at Barclays initiated coverage on shares of Twenty-First Century Fox in a research note on Wednesday, July 9th. They set an “overweight” rating and a $43.00 price target on the stock.
Twenty-First Century Fox (NASDAQ:FOXA) opened at 31.94 on Wednesday. Twenty-First Century Fox has a 52-week low of $30.67 and a 52-week high of $36.43. The stock has a 50-day moving average of $34.30 and a 200-day moving average of $33.39. The company has a market cap of $71.110 billion and a price-to-earnings ratio of 23.22.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.12. The company had revenue of $8.22 billion for the quarter, compared to the consensus estimate of $7.99 billion. The company’s revenue for the quarter was up 11.8% on a year-over-year basis. Analysts expect that Twenty-First Century Fox will post $1.53 EPS for the current fiscal year.
Twenty-First Century Fox, Inc, formerly News Corporation, is a diversified global media and entertainment company with operations in cable network programming; television; filmed entertainment; direct broadcast satellite television, and other, corporate and eliminations.
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