Fox Corporation (NASDAQ: FOXA): Do Not Miss The Gain Train

Fox Corporation (FOXA) concluded trading on Wednesday at a closing price of $57.46, with 8.09 million shares of worth about $465.02 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 45.32% during that period and on February 19, 2025 the price saw a gain of about 2.08%. Currently the company’s common shares owned by public are about 218.78M shares, out of which, 215.65M shares are available for trading.

Stock saw a price change of 7.62% in past 5 days and over the past one month there was a price change of 19.71%. Year-to-date (YTD), FOXA shares are showing a performance of 18.28% which increased to 88.02% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $28.28 but also hit the highest price of $56.37 during that period. The average intraday trading volume for Fox Corporation shares is 3.66 million. The stock is currently trading 9.25% above its 20-day simple moving average (SMA20), while that difference is up 14.79% for SMA50 and it goes to 37.71% higher than SMA200.

Fox Corporation (NASDAQ: FOXA) currently have 218.78M outstanding shares and institutions hold larger chunk of about 53.48% of that.

The stock has a current market capitalization of $25.20B and its 3Y-monthly beta is at 0.70. PE ratio of stock for trailing 12 months is 12.30, while it has posted earnings per share of $4.67 in the same period. Its PEG reads 1.21 and has Quick Ratio of 2.14 while making debt-to-equity ratio of 0.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for FOXA, volatility over the week remained 2.41% while standing at 2.31% over the month.

Stock’s fiscal year EPS is expected to rise by 26.43% while it is estimated to decrease by -8.82% in next year. EPS is likely to grow at an annualized rate of 10.19% for next 5-years, compared to annual growth of 4.01% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by MoffettNathanson on January 21, 2025 offering a Neutral rating for the stock and assigned a target price range of between $51 and $52 to it. On August 16, 2024, Wells Fargo Upgrade their recommendations, while on June 25, 2024, Goldman Initiated their ratings for the stock with a price target of $42. Stock get a Buy rating from BofA Securities on May 09, 2024.

Most Popular

Related Posts