Currently, there are 453.43M common shares owned by the public and among those 215.83M shares have been available to trade.
The company’s stock has a 5-day price change of 11.51% and 3.47% over the past three months. FOXA shares are trading 13.71% year to date (YTD), with the 12-month market performance up to 65.79% higher. It has a 12-month low price of $32.45 and touched a high of $58.74 over the same period. FOXA has an average intraday trading volume of 4.48 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.12%, 6.87%, and 17.56% respectively.
Institutional ownership of Fox Corporation (NASDAQ: FOXA) shares accounts for 51.78% of the company’s 453.43M shares outstanding.
It has a market capitalization of $24.13B and a beta (3y monthly) value of 0.50. The stock’s trailing 12-month PE ratio is 13.74, while the earnings-per-share (ttm) stands at $4.02. The company has a PEG of 1.18 and a Quick Ratio of 2.33 with the debt-to-equity ratio at 0.70. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.02% over the week and 2.66% over the month.
Earnings per share for the fiscal year are expected to increase by 30.06%, and -5.91% over the next financial year. EPS should grow at an annualized rate of 11.63% over the next five years, compared to 4.01% over the past 5-year period.
MoffettNathanson coverage for the Fox Corporation (FOXA) stock in a research note released on January 21, 2025 offered a Neutral rating with a price target of $52. Seaport Research Partners was of a view on September 09, 2024 that the stock is Neutral, while Wells Fargo gave the stock Overweight rating on August 16, 2024, issuing a price target of $29- $46. Goldman on their part issued Buy rating on June 25, 2024.
