Seaport Res Ptn Has Bearish Forecast for FOX FY2025 Earnings

Fox Corporation (NASDAQ:FOX) – Investment analysts at Seaport Res Ptn cut their FY2025 earnings estimates for shares of FOX in a research report issued on Tuesday, June 24th. Seaport Res Ptn analyst D. Joyce now anticipates that the company will post earnings of $4.62 per share for the year, down from their prior forecast of $4.64. The consensus estimate for FOX’s current full-year earnings is $4.25 per share. Seaport Res Ptn also issued estimates for FOX’s Q4 2025 earnings at $1.12 EPS.

FOX Trading Up 0.1%

FOX opened at $51.38 on Thursday. FOX has a 12-month low of $31.55 and a 12-month high of $55.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.45 and a quick ratio of 2.33. The stock has a market capitalization of $23.10 billion, a PE ratio of 12.78, a P/E/G ratio of 1.12 and a beta of 0.56. The firm’s fifty day moving average price is $48.89 and its 200 day moving average price is $48.60.

FOX (NASDAQ:FOX) last released its earnings results on Monday, May 12th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.96 by $0.14. The company had revenue of $4.37 billion during the quarter, compared to analysts’ expectations of $4.19 billion. FOX had a return on equity of 17.99% and a net margin of 11.58%.

Hedge Funds Weigh In On FOX

Hedge funds have recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC acquired a new position in FOX in the fourth quarter valued at approximately $201,000. Ensign Peak Advisors Inc lifted its holdings in shares of FOX by 91.7% in the 4th quarter. Ensign Peak Advisors Inc now owns 39,427 shares of the company’s stock worth $1,803,000 after purchasing an additional 18,865 shares during the last quarter. CMC Financial Group bought a new stake in shares of FOX in the 4th quarter worth approximately $243,000. Raymond James Financial Inc. acquired a new position in FOX during the 4th quarter valued at approximately $1,295,000. Finally, QRG Capital Management Inc. grew its stake in FOX by 30.6% during the 1st quarter. QRG Capital Management Inc. now owns 117,622 shares of the company’s stock worth $6,200,000 after buying an additional 27,557 shares during the last quarter. Institutional investors and hedge funds own 26.41% of the company’s stock.

Insider Transactions at FOX

In other news, CFO Steven Tomsic sold 5,607 shares of FOX stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $55.37, for a total value of $310,459.59. Following the completion of the transaction, the chief financial officer now owns 133,923 shares in the company, valued at approximately $7,415,316.51. This trade represents a 4.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 23.06% of the company’s stock.

FOX Company Profile

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.