Media headlines about Twenty-First Century Fox (NASDAQ:FOX) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Twenty-First Century Fox earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.8458693285903 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern Sentiment Analysis’s scoring:
- 21st Century Fox’s Response to Final Decision by the UK’s Secretary of State for Digital, Culture, Media and Sport to refer 21st Century Fox’s cash offer for Sky plc to the CMA on grounds of both media plurality and commitment to broadcasting (finance.yahoo.com)
- Could GoPro’s Expanded Product Line Attract Consumers? (finance.yahoo.com)
- Murdoch’s Bid Delay Spotlights Role of Little Known Activists (finance.yahoo.com)
- [$$] James Murdoch upbeat on Fox-Sky deal approval (finance.yahoo.com)
- Murdoch Invokes Brexit to Entice Britain to Approve Sky Purchase (finance.yahoo.com)
Shares of Twenty-First Century Fox (NASDAQ FOX) traded down 0.48% on Thursday, reaching $26.02. 2,354,231 shares of the company traded hands. The stock has a market capitalization of $48.17 billion, a price-to-earnings ratio of 16.41 and a beta of 1.20. The company has a 50-day moving average of $27.15 and a 200-day moving average of $28.34. Twenty-First Century Fox has a 1-year low of $23.88 and a 1-year high of $31.94.
Twenty-First Century Fox (NASDAQ:FOX) last released its quarterly earnings data on Wednesday, August 9th. The company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Twenty-First Century Fox had a net margin of 10.36% and a return on equity of 22.47%. The firm had revenue of $6.75 billion during the quarter. During the same period last year, the firm earned $0.45 earnings per share. Analysts anticipate that Twenty-First Century Fox will post $2.07 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 18th. Shareholders of record on Wednesday, September 13th will be issued a $0.18 dividend. The ex-dividend date is Tuesday, September 12th. This represents a $0.72 dividend on an annualized basis and a yield of 2.77%. Twenty-First Century Fox’s payout ratio is 22.64%.
FOX has been the subject of several analyst reports. TheStreet lowered Twenty-First Century Fox from a “b” rating to a “c+” rating in a research note on Wednesday, May 24th. Zacks Investment Research upgraded Twenty-First Century Fox from a “sell” rating to a “buy” rating and set a $31.00 price objective for the company in a research note on Tuesday, June 13th. Finally, BidaskClub upgraded Twenty-First Century Fox from a “strong sell” rating to a “sell” rating in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. Twenty-First Century Fox presently has a consensus rating of “Hold” and an average target price of $33.00.
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In other news, CEO James R. Murdoch sold 111,713 shares of the business’s stock in a transaction dated Tuesday, August 15th. The shares were sold at an average price of $27.94, for a total transaction of $3,121,261.22. Following the completion of the sale, the chief executive officer now owns 234,236 shares of the company’s stock, valued at $6,544,553.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David F. Devoe sold 30,149 shares of the business’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $28.01, for a total transaction of $844,473.49. Following the sale, the director now directly owns 55,647 shares of the company’s stock, valued at approximately $1,558,672.47. The disclosure for this sale can be found here. 39.40% of the stock is owned by insiders.
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.
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