Q3 2019 EPS Estimates for Twenty-First Century Fox, Inc. (FOXA) Lifted by Jefferies Group

Twenty-First Century Fox, Inc. (NASDAQ:FOXA) – Stock analysts at Jefferies Group boosted their Q3 2019 EPS estimates for shares of Twenty-First Century Fox in a research report issued to clients and investors on Wednesday. Jefferies Group analyst J. Janedis now expects that the company will post earnings of $0.51 per share for the quarter, up from their previous forecast of $0.50. Jefferies Group has a “Buy” rating and a $35.00 price objective on the stock. Jefferies Group also issued estimates for Twenty-First Century Fox’s Q4 2019 earnings at $0.58 EPS.

A number of other equities analysts have also recently weighed in on the company. Sanford C. Bernstein reissued a “market perform” rating on shares of Twenty-First Century Fox in a research note on Tuesday, September 12th. KeyCorp reissued a “buy” rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Sunday, September 10th. Credit Suisse Group restated an “outperform” rating and set a $35.00 price objective (down from $37.00) on shares of Twenty-First Century Fox in a research report on Thursday, October 12th. ValuEngine lowered Twenty-First Century Fox from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Finally, Zacks Investment Research lowered Twenty-First Century Fox from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and eighteen have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $33.40.

TRADEMARK VIOLATION NOTICE: “Q3 2019 EPS Estimates for Twenty-First Century Fox, Inc. (FOXA) Lifted by Jefferies Group” was first published by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.chaffeybreeze.com/2017/11/13/q3-2019-eps-estimates-for-twenty-first-century-fox-inc-foxa-lifted-by-jefferies-group.html.

Twenty-First Century Fox (FOXA) opened at $28.84 on Monday. The firm has a market capitalization of $52,810.00, a PE ratio of 15.02, a P/E/G ratio of 1.98 and a beta of 1.36. 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 current ratio of 2.08 and a quick ratio of 1.73.

Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.01. The firm had revenue of $7 billion for the quarter, compared to analysts’ expectations of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. Twenty-First Century Fox’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.51 EPS.

A number of institutional investors have recently bought and sold shares of FOXA. Grove Bank & Trust lifted its stake in shares of Twenty-First Century Fox by 1,328.3% during the second quarter. Grove Bank & Trust now owns 3,785 shares of the company’s stock valued at $107,000 after acquiring an additional 3,520 shares during the period. Rockefeller Financial Services Inc. acquired a new position in shares of Twenty-First Century Fox during the third quarter valued at $113,000. State of Alaska Department of Revenue lifted its stake in shares of Twenty-First Century Fox by 4.8% during the second quarter. State of Alaska Department of Revenue now owns 4,365 shares of the company’s stock valued at $123,000 after acquiring an additional 200 shares during the period. Global X Management Co. LLC lifted its stake in shares of Twenty-First Century Fox by 9.7% during the second quarter. Global X Management Co. LLC now owns 5,108 shares of the company’s stock valued at $145,000 after acquiring an additional 451 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Twenty-First Century Fox by 76.0% during the second quarter. Whittier Trust Co. of Nevada Inc. now owns 5,409 shares of the company’s stock valued at $153,000 after acquiring an additional 2,336 shares during the period. 53.45% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for Twenty-First Century Fox (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