Twenty-First Century Fox (FOXA) Earning Somewhat Negative Press Coverage, Study Finds
News stories about Twenty-First Century Fox (NASDAQ:FOXA) have been trending somewhat negative this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Twenty-First Century Fox earned a media sentiment score of -0.06 on Accern’s scale. Accern also assigned news stories about the company an impact score of 43.4611268491295 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Financial statistics: Twenty-First Century Fox, Inc. (NASDAQ:FOXA) a Entertainment – Diversified Company – The Stock Street (press release) (thestreetpoint.com)
- Media Deals on Ice as Trump’s DOJ Sues to Stop AT&T-Time Warner – TheStreet.com (thestreet.com)
- Twenty-First Century Fox, Inc. (FOXA) – Technical indicators for potential investors – Wall Street Morning (wallstreetmorning.com)
- 21st Century Fox in $90 million settlement tied to sexual harassment scandal – Reuters (uk.reuters.com)
- Will DOJ suit against AT&T impact 21st Century Fox acquis… (finance.yahoo.com)
Shares of Twenty-First Century Fox (FOXA) traded up $0.22 during mid-day trading on Wednesday, reaching $30.88. 7,010,400 shares of the company’s stock traded hands, compared to its average volume of 8,771,713. The firm has a market cap of $56,798.51, a P/E ratio of 15.97, a P/E/G ratio of 2.10 and a beta of 1.26. Twenty-First Century Fox has a 52-week low of $24.81 and a 52-week high of $32.60. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.01. The company had revenue of $7 billion during the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the business earned $0.51 EPS. sell-side analysts forecast that Twenty-First Century Fox will post 1.98 earnings per share for the current year.
FOXA has been the topic of a number of research analyst reports. Piper Jaffray Companies reissued a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Sanford C. Bernstein reissued a “market perform” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 12th. Credit Suisse Group reissued an “outperform” rating and set a $35.00 price objective (down previously from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, October 12th. Zacks Investment Research lowered shares of Twenty-First Century Fox from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $35.00 target price (up from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. One analyst has rated the stock with a sell rating, six have given a hold rating and seventeen have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $33.65.
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About Twenty-First Century Fox
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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