Fox Corporation (NASDAQ:FOX) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Fox Corporation (NASDAQ:FOX) have earned an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $75.00.

FOX has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of FOX in a report on Friday, May 22nd. Zacks Research raised shares of FOX from a “hold” rating to a “strong-buy” rating in a report on Tuesday, May 12th. Finally, Bank of America reaffirmed an “underperform” rating and set a $45.00 price objective (down from $80.00) on shares of FOX in a report on Wednesday, February 25th.

Institutional Trading of FOX

Several hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its stake in FOX by 8.4% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,493 shares of the company’s stock valued at $143,000 after purchasing an additional 193 shares during the period. Yousif Capital Management LLC boosted its stake in FOX by 1.5% during the 4th quarter. Yousif Capital Management LLC now owns 16,997 shares of the company’s stock valued at $1,107,000 after purchasing an additional 259 shares during the period. Baird Financial Group Inc. boosted its stake in FOX by 1.1% during the 2nd quarter. Baird Financial Group Inc. now owns 31,707 shares of the company’s stock valued at $1,637,000 after purchasing an additional 343 shares during the period. Brown Brothers Harriman & Co. boosted its stake in FOX by 336.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock valued at $35,000 after purchasing an additional 475 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in FOX by 4.9% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 12,446 shares of the company’s stock valued at $656,000 after purchasing an additional 586 shares during the period. Institutional investors own 26.41% of the company’s stock.

FOX Stock Performance

Shares of FOX stock opened at $58.92 on Monday. FOX has a 12 month low of $48.42 and a 12 month high of $68.18. The company has a market cap of $24.76 billion, a PE ratio of 15.55, a price-to-earnings-growth ratio of 6.95 and a beta of 0.54. The company has a quick ratio of 2.65, a current ratio of 2.90 and a debt-to-equity ratio of 0.60. The business’s 50 day moving average is $57.58 and its two-hundred day moving average is $58.57.

FOX (NASDAQ:FOX) last issued its quarterly earnings data on Monday, May 11th. The company reported $1.32 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.30. The business had revenue of $3.99 billion during the quarter, compared to analysts’ expectations of $3.78 billion. FOX had a net margin of 10.56% and a return on equity of 18.90%. Equities analysts predict that FOX will post 4.76 EPS for the current year.

More FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Fox News continued to generate a steady stream of high-profile political, international, and sports coverage, including Iran-related developments and U.S. World Cup preview content, which supports the company’s core news and sports audience engagement. Article Title
• Positive Sentiment: Fox Sports and FOX-related coverage around the 2026 World Cup helps reinforce the company’s live-sports and event-driven media franchise, which is typically valuable for advertising and viewership. Article Title
• Neutral Sentiment: Fox River Resources Corporation’s meeting reminder is unrelated to Fox Corporation and should not materially affect FOX shares. Article Title
• Negative Sentiment: The CEO and CFO contract extension came with higher compensation, which may weigh on sentiment if investors view it as added cost without an immediate offsetting earnings benefit. Article Title

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.