BMO Capital Markets reiterated their buy rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a research report released on Wednesday. BMO Capital Markets currently has a $35.00 price target on the stock.
A number of other equities research analysts also recently weighed in on the company. Sanford C. Bernstein restated a market perform rating on shares of Twenty-First Century Fox in a research report on Tuesday, September 12th. KeyCorp restated a buy rating and set a $35.00 price target on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. B. Riley raised their price target on Twenty-First Century Fox from $29.00 to $36.00 and gave the company a neutral rating in a research report on Friday, November 17th. Credit Suisse Group restated an outperform rating and set a $35.00 price target (down previously from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, October 12th. Finally, ValuEngine downgraded Twenty-First Century Fox from a buy rating to a hold rating in a research report on Friday, September 1st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $33.60.
Shares of Twenty-First Century Fox (FOXA) opened at $30.47 on Wednesday. The stock has a market capitalization of $56,446.53, a price-to-earnings ratio of 15.87, a P/E/G ratio of 2.09 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 debt-to-equity ratio of 1.09, a quick ratio of 1.73 and a current ratio of 2.08.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company had revenue of $7 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same quarter last year, the company earned $0.51 earnings per share. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. equities analysts expect that Twenty-First Century Fox will post 1.98 EPS for the current fiscal year.
A number of large investors have recently made changes to their positions in the stock. Americafirst Capital Management LLC purchased a new position in Twenty-First Century Fox during the 3rd quarter valued at about $243,000. Neuberger Berman Group LLC increased its holdings in Twenty-First Century Fox by 73.1% during the 3rd quarter. Neuberger Berman Group LLC now owns 990,598 shares of the company’s stock valued at $26,132,000 after purchasing an additional 418,394 shares during the period. Piedmont Investment Advisors LLC increased its holdings in Twenty-First Century Fox by 0.9% during the 3rd quarter. Piedmont Investment Advisors LLC now owns 224,959 shares of the company’s stock valued at $5,934,000 after purchasing an additional 2,070 shares during the period. Janney Montgomery Scott LLC increased its holdings in Twenty-First Century Fox by 6.9% during the 3rd quarter. Janney Montgomery Scott LLC now owns 82,742 shares of the company’s stock valued at $2,183,000 after purchasing an additional 5,373 shares during the period. Finally, Valeo Financial Advisors LLC purchased a new position in Twenty-First Century Fox during the 3rd quarter valued at about $176,000. Institutional investors own 54.28% of the company’s stock.
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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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