Fox Corporation (NASDAQ:FOX) Receives $82.50 Consensus PT from Analysts

Fox Corporation (NASDAQ:FOX) has received an average recommendation of “Buy” from the five brokerages that are covering the stock, MarketBeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $82.50.

A number of equities research analysts have weighed in on the stock. Fox Advisors set a $97.00 price target on shares of FOX in a research report on Tuesday, October 28th. Guggenheim reaffirmed a “buy” rating and set a $85.00 price objective on shares of FOX in a research report on Monday, December 22nd. Zacks Research raised FOX from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 7th. UBS Group restated a “buy” rating on shares of FOX in a research report on Friday, October 31st. Finally, Cfra reaffirmed a “buy” rating and issued a $73.00 price objective on shares of FOX in a research note on Monday, November 3rd.

FOX Price Performance

NASDAQ:FOX opened at $65.14 on Friday. FOX has a 52 week low of $43.18 and a 52 week high of $68.18. The stock’s fifty day moving average is $62.74 and its two-hundred day moving average is $56.80. The company has a market capitalization of $28.92 billion, a P/E ratio of 14.64, a P/E/G ratio of 1.45 and a beta of 0.55. The company has a quick ratio of 3.03, a current ratio of 3.24 and a debt-to-equity ratio of 0.54.

FOX (NASDAQ:FOX) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.06 by $0.45. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.57 billion. FOX had a return on equity of 18.61% and a net margin of 12.35%. Equities analysts expect that FOX will post 4.25 EPS for the current year.

Insider Transactions at FOX

In other FOX news, CFO Steven Tomsic sold 138,397 shares of the business’s stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $66.54, for a total transaction of $9,208,936.38. Following the sale, the chief financial officer directly owned 180,556 shares in the company, valued at $12,014,196.24. This represents a 43.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Paul D. Ryan sold 17,767 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $64.36, for a total transaction of $1,143,484.12. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 454,817 shares of company stock valued at $29,490,590. 23.06% of the stock is owned by insiders.

Institutional Trading of FOX

Several hedge funds have recently added to or reduced their stakes in FOX. FNY Investment Advisers LLC purchased a new position in FOX in the fourth quarter worth approximately $83,000. Mn Services Vermogensbeheer B.V. raised its holdings in shares of FOX by 15.6% in the 4th quarter. Mn Services Vermogensbeheer B.V. now owns 30,515 shares of the company’s stock valued at $1,981,000 after purchasing an additional 4,115 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of FOX by 2,459.6% during the 4th quarter. SG Americas Securities LLC now owns 413,037 shares of the company’s stock worth $26,818,000 after purchasing an additional 396,900 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of FOX by 11.9% during the fourth quarter. GAMMA Investing LLC now owns 12,918 shares of the company’s stock worth $839,000 after purchasing an additional 1,377 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in FOX by 25.3% in the third quarter. Public Employees Retirement System of Ohio now owns 65,513 shares of the company’s stock valued at $3,753,000 after buying an additional 13,231 shares during the last quarter. Institutional investors and hedge funds own 26.41% of the company’s stock.

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Heavy, high-engagement Trump coverage and related international stories likely boost ratings and ad impressions — the network published pieces on Trump’s comments about a Greenland takeover, which typically drives audience interest. Trump says ‘you’ll see’ when asked how far he’ll go on Greenland takeover
• Positive Sentiment: Breaking international/security coverage (US forces seizing a Venezuelan oil tanker) is the sort of event coverage that draws viewership spikes and higher ad rates for cable news. US forces seize Venezuelan oil tanker in latest operation
• Positive Sentiment: State-level political drama related to Trump — e.g., Minnesota Gov. Walz inviting Trump after the ICE-related church incidents — prolongs local and national coverage cycles that can increase traffic. Minnesota Gov Walz invites Trump to visit state to ‘see our values in action’ after ICE feud
• Neutral Sentiment: Science/health and softer-news items (study on a vitamin byproduct helping cancer evade the immune system; entertainment and sports updates) are typical evergreen content but unlikely to move quarterly ad revenue on their own. Common vitamin byproduct may help cancer evade immune system, study finds • Shannen Doherty’s ex-husband challenges divorce judgment
• Negative Sentiment: Multiple stories about anti-ICE protesters storming a Minnesota church and ensuing DOJ probes create controversy that can prolong negative attention and risk advertiser sensitivity or regulatory/political pushback. Fox’s extensive coverage keeps the issue in the spotlight. Anti-ICE mob storms Minnesota church over pastor’s alleged ties to immigration enforcement
• Negative Sentiment: Polarizing coverage and viral clips (e.g., confrontations at protests, arrests) can stoke advertiser concerns and public criticism — a recurrent risk for news networks that may pressure near-term sentiment despite higher short-term viewership. Viral video shows ICE agent telling agitators they’re disrupting arrest of child sex offender

FOX Company Profile

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.