Royal Bank Of Canada restated their outperform rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a research report sent to investors on Thursday morning, MarketBeat reports. The brokerage currently has a $34.00 target price on the stock, down from their previous target price of $35.00.
A number of other analysts also recently issued reports on FOXA. Cowen and Company reissued a market perform rating and set a $32.00 target price (down previously from $33.00) on shares of Twenty-First Century Fox in a research report on Thursday, August 10th. B. Riley reissued a neutral rating on shares of Twenty-First Century Fox in a research report on Wednesday, November 1st. Piper Jaffray Companies set a $35.00 price target on Twenty-First Century Fox and gave the stock a buy rating in a report on Wednesday, November 1st. Jefferies Group LLC restated a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Finally, Zacks Investment Research cut Twenty-First Century Fox from a hold rating to a sell rating in a report on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of $33.40.
Twenty-First Century Fox (NASDAQ FOXA) traded up $0.14 on Thursday, reaching $28.84. 14,782,600 shares of the company were exchanged, compared to its average volume of 9,692,846. The firm has a market cap of $53,384.46, a P/E ratio of 15.02, a PEG ratio of 1.95 and a beta of 1.26. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $32.60. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.82 and a current ratio of 2.08.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.01. The firm had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The company’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. analysts expect that Twenty-First Century Fox will post 1.98 EPS for the current year.
Several hedge funds have recently bought and sold shares of the stock. Zeke Capital Advisors LLC acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at approximately $914,000. Amalgamated Bank raised its position in shares of Twenty-First Century Fox by 2.0% during the 3rd quarter. Amalgamated Bank now owns 120,170 shares of the company’s stock valued at $3,170,000 after acquiring an additional 2,374 shares in the last quarter. Cadence Capital Management LLC acquired a new stake in shares of Twenty-First Century Fox during the 3rd quarter valued at approximately $1,013,000. Achmea Investment Management B.V. raised its position in shares of Twenty-First Century Fox by 10.2% during the 3rd quarter. Achmea Investment Management B.V. now owns 74,262 shares of the company’s stock valued at $1,958,000 after acquiring an additional 6,883 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of Twenty-First Century Fox by 1.6% during the 3rd quarter. Legal & General Group Plc now owns 5,254,661 shares of the company’s stock valued at $138,621,000 after acquiring an additional 84,586 shares in the last quarter. 53.56% of the stock is currently owned by institutional investors and hedge funds.
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.
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.