Twenty-First Century Fox (NASDAQ:FOXA) announced its quarterly earnings data on Wednesday. The company reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.05, Briefing.com reports. Twenty-First Century Fox had a return on equity of 18.01% and a net margin of 16.01%. The business had revenue of $8.50 billion during the quarter, compared to analysts’ expectations of $8.47 billion. During the same period in the previous year, the firm earned $0.42 earnings per share. The firm’s quarterly revenue was up 5.7% compared to the same quarter last year.
NASDAQ:FOXA traded up $0.13 on Wednesday, reaching $49.41. The company’s stock had a trading volume of 301,603 shares, compared to its average volume of 8,419,391. Twenty-First Century Fox has a 1-year low of $34.12 and a 1-year high of $50.15. The company has a current ratio of 2.45, a quick ratio of 1.96 and a debt-to-equity ratio of 0.84. The stock has a market cap of $91.39 billion, a price-to-earnings ratio of 25.07, a PEG ratio of 2.73 and a beta of 0.98.
A number of equities research analysts recently commented on FOXA shares. Gabelli reaffirmed a “buy” rating on shares of Twenty-First Century Fox in a research note on Tuesday, November 27th. Zacks Investment Research raised Twenty-First Century Fox from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research note on Tuesday, January 8th. Vertical Group raised Twenty-First Century Fox from a “hold” rating to a “buy” rating in a research note on Monday. Pivotal Research reissued a “hold” rating and issued a $45.00 target price on shares of Twenty-First Century Fox in a research note on Thursday, November 8th. Finally, Evercore ISI started coverage on Twenty-First Century Fox in a research note on Monday, November 5th. They issued an “outperform” rating and a $52.00 target price for the company. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have issued a buy rating to the stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and an average target price of $48.93.
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About Twenty-First Century Fox
Twenty-First Century Fox, Inc operates as a diversified media and entertainment company primarily in the United States and Canada, Europe, and internationally. It operates through Cable Network Programming, Television, and Filmed Entertainment segments. The company produces and licenses news, business news, sports, general entertainment, factual entertainment, and movie programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunication companies, and online video distributors.
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