BMO Capital Markets Reaffirms Buy Rating for Twenty-First Century Fox, Inc. (FOXA)

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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

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