Twenty-First Century Fox (FOXA) Getting Somewhat Favorable Press Coverage, AlphaOne Reports

News coverage about Twenty-First Century Fox (NASDAQ:FOXA) has been trending somewhat positive this week, Alpha One Sentiment Analysis reports. The research group, a division of Accern, scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Twenty-First Century Fox earned a media sentiment score of 0.16 on Alpha One’s scale. Alpha One also gave media headlines about the company an impact score of 50 out of 100, meaning that recent press coverage is somewhat likely to have an impact on the stock’s share price in the next several days.

Here are some of the news stories that may have effected AlphaOne Sentiment Analysis’s analysis:

A number of analysts recently issued reports on the stock. FBR & Co lowered their price target on shares of Twenty-First Century Fox from $34.00 to $31.00 and set a “mkt perform” rating on the stock in a report on Thursday, May 11th. BMO Capital Markets reissued an “outperform” rating and set a $36.00 price target on shares of Twenty-First Century Fox in a report on Thursday, May 11th. Needham & Company LLC reissued a “hold” rating on shares of Twenty-First Century Fox in a report on Thursday, May 11th. Instinet reissued a “buy” rating and set a $35.00 price target (down from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, May 11th. Finally, Jefferies Group LLC reissued a “buy” rating and set a $35.00 price target on shares of Twenty-First Century Fox in a report on Friday, May 12th. Five investment analysts have rated the stock with a hold rating and twenty-two have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $33.52.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, May 10th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.06. Twenty-First Century Fox had a net margin of 10.99% and a return on equity of 24.05%. The firm had revenue of $7.56 billion during the quarter, compared to the consensus estimate of $7.63 billion. During the same quarter in the previous year, the company posted $0.47 EPS. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this report on another publication, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this report can be read at https://www.chaffeybreeze.com/2017/05/19/twenty-first-century-fox-foxa-earns-news-sentiment-score-of-0-16-updated-updated.html.

Twenty-First Century Fox Company Profile

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.

5 Day Chart for NASDAQ:FOXA

Receive News & Ratings for Twenty-First Century Fox Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply