Somewhat Favorable News Coverage Somewhat Unlikely to Affect Twenty-First Century Fox (FOXA) Stock Price
Media stories about Twenty-First Century Fox (NASDAQ:FOXA) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Twenty-First Century Fox earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.9765915546813 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Twenty-First Century Fox, Inc. (FOXA) Receives Average Rating of “Buy” from Brokerages (americanbankingnews.com)
- Twenty-First Century Fox, Inc. (FOXA) noted a price change of -2.42% and DuPont Fabros Technology, Inc. (DFT … – Stocks Gallery (stocksgallery.com)
- Ex-Dividend Reminder: FOX, FOXA and HRB – Nasdaq (nasdaq.com)
- Media: Arms Race For Content Continues As Ad Sales Shrivel (finance.yahoo.com)
- Disney: Blame Irma? (finance.yahoo.com)
Several equities research analysts have recently commented on the company. Jefferies Group LLC restated a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research note on Friday, May 12th. Cowen and Company restated a “market perform” rating and set a $32.00 price target (down previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. ValuEngine cut Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BMO Capital Markets set a $36.00 price target on Twenty-First Century Fox and gave the stock a “buy” rating in a research note on Friday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $35.00 price target (up previously from $33.00) on shares of Twenty-First Century Fox in a research note on Thursday, August 10th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $33.35.
Twenty-First Century Fox (FOXA) remained flat at $25.79 during mid-day trading on Friday. 7,757,968 shares of the company’s stock were exchanged. The company has a market capitalization of $47.74 billion, a P/E ratio of 16.26 and a beta of 1.28. The firm has a 50-day moving average of $27.77 and a 200 day moving average of $28.88. Twenty-First Century Fox has a 52-week low of $23.33 and a 52-week high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.01. Twenty-First Century Fox had a return on equity of 22.46% and a net margin of 10.36%. The company had revenue of $6.75 billion for the quarter, compared to the consensus estimate of $6.79 billion. During the same quarter in the previous year, the business earned $0.45 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. On average, equities research analysts forecast that Twenty-First Century Fox will post $2.04 EPS for the current fiscal year.
The company also recently disclosed a semiannual dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Wednesday, September 13th will be paid a $0.18 dividend. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, September 12th. Twenty-First Century Fox’s dividend payout ratio is presently 22.64%.
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Twenty-First Century Fox Company Profile
Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
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