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:
- PRESS DIGEST – Wall Street Journal – May 19 (finance.yahoo.com)
- Kensico Capital Management Corp Decreased Twenty First Centy Fox Inc (NASDAQ:FOXA) Stake By $56.72 Million – Finance News Daily (finnewsdaily.com)
- Twenty-First Century Fox Inc (FOXA) Stock Is a Buy as Investors Sour on Media – Investorplace.com (investorplace.com)
- Roger Ailes, Founder of Murdoch’s Fox News, Dies at 77 (finance.yahoo.com)
- Former Fox News chair Roger Ailes dead at 77 (finance.yahoo.com)
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.
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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.
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