NasdaqGS - Nasdaq Real Time Price USD

Fox Corporation (FOXA)

Compare
41.90 -0.10 (-0.23%)
As of 3:33 PM EDT. Market Open.
Loading Chart for FOXA
DELL
  • Previous Close 42.00
  • Open 42.15
  • Bid 41.87 x 1400
  • Ask 41.94 x 1000
  • Day's Range 41.78 - 42.17
  • 52 Week Range 28.28 - 42.85
  • Volume 1,714,955
  • Avg. Volume 2,722,126
  • Market Cap (intraday) 18.49B
  • Beta (5Y Monthly) 0.77
  • PE Ratio (TTM) 13.39
  • EPS (TTM) 3.13
  • Earnings Date Nov 4, 2024
  • Forward Dividend & Yield 0.54 (1.29%)
  • Ex-Dividend Date Sep 4, 2024
  • 1y Target Est 42.01

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and operates power broadcast television stations including duopolies and other digital platform; and produces content for third parties. The Credible segment engages in the consumer finance marketplace. The FOX Studio Lot segment provides television and film production services along with office space, studio operation services and includes all operations of the facility. The company was incorporated in 2018 and is headquartered in New York, New York.

www.foxcorporation.com

10,200

Full Time Employees

June 30

Fiscal Year Ends

Recent News: FOXA

View More

Performance Overview: FOXA

Trailing total returns as of 11/1/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FOXA
43.46%
S&P 500
20.25%

1-Year Return

FOXA
40.06%
S&P 500
36.76%

3-Year Return

FOXA
10.15%
S&P 500
24.54%

5-Year Return

FOXA
40.42%
S&P 500
88.82%

Compare To: FOXA

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: FOXA

View More

Valuation Measures

Annual
As of 10/31/2024
  • Market Cap

    18.52B

  • Enterprise Value

    22.35B

  • Trailing P/E

    13.41

  • Forward P/E

    11.38

  • PEG Ratio (5yr expected)

    1.16

  • Price/Sales (ttm)

    1.44

  • Price/Book (mrq)

    1.79

  • Enterprise Value/Revenue

    1.60

  • Enterprise Value/EBITDA

    7.71

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.74%

  • Return on Assets (ttm)

    6.96%

  • Return on Equity (ttm)

    14.31%

  • Revenue (ttm)

    13.98B

  • Net Income Avi to Common (ttm)

    1.5B

  • Diluted EPS (ttm)

    3.13

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    4.32B

  • Total Debt/Equity (mrq)

    73.73%

  • Levered Free Cash Flow (ttm)

    1.06B

Research Analysis: FOXA

View More

Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 3.09B
Earnings 319M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

32.00 Low
42.01 Average
41.90 Current
62.00 High
 

Company Insights: FOXA

Research Reports: FOXA

View More
  • Fox Is Outperforming Peers Within the Pay-TV Bundle, but Heavy Reliance on Linear Brings Risk

    Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

    Rating
    Price Target
     
  • Dividend hike announced with the fiscal 4Q results

    Fox Corp. produces and distributes news, sports and entertainment programming through its U.S. domestic cable and broadcast television networks, including owned and affiliated local television stations. Fox network brands include FOX News, FOX Sports, and The FOX Network. Fox changed its name from Twenty-First Century Fox when it divested certain assets - including its film and television studios, cable entertainment networks, U.S. regional sports networks, and international sports and entertainment television distribution businesses - to Disney on March 20, 2019. Founder Rupert Murdoch and the Murdoch family trust retain a controlling interest of almost 40% in the company.

    Rating
    Price Target
     
  • Many of the most-prominent economists in the country, including Federal

    Many of the most-prominent economists in the country, including Federal Reserve Chairman Powell, head to Jackson Hole this week. Meanwhile, a few more key earnings report are due. Last week, the Dow Jones Industrial Average was up 2.9%, the S&P 500 gained 3.9%, and the Nasdaq popped 5.3%. Year to date, the DJIA is higher by 8%, the S&P is up 16%, and the Nasdaq is ahead by 17%. On the economic calendar, the schedule is light this week. On Friday, Mr. Powell takes the podium in Jackson Hole. A good amount of data about inflation and labor has hit the tape since he last spoke publicly, so his speech this week should get attention. In related news, the minutes from the Fed's July rate meeting will be out on Wednesday, and Existing Home Sales will be reported on Thursday. The earnings calendar is light, but does include some big reports. On Monday Palo Alto Networks and Estee Lauder will report. On Tuesday, Lowe's, Toll Brothers, and Medtronic. On Wednesday, Target, TJX Companies, Macy's, Analog Devices, and Agilent. And on Thursday, Intuit, Peloton, and CAVA. Earnings are coming in 12.5% higher this quarter than a year ago, this after 93% of S&P 500 companies have reported. Financial and Healthcare are the leading sectors, both up 20% for the quarter compared to the same quarter last year. Materials is on at other end, down 6%. Expectations were for 8%-12% earnings growth in 2Q. Last week, data on inflation continued to show improvement. CPI posted at 2.9% for July compared to 3.0% for June. Core CPI was 3.2% versus 3.3% the month prior. Mortgage rates inched up two basis points (bps) to 6.49% for the average 30-year fixed-rate mortgage. Gas prices fell four cents to $3.41 per gallon for the average price of regular gas. The Atlanta Fed GDPNow indicator is forecasting for 3Q and calls for expansion of 2.0%. The Cleveland Fed CPINow indicator forecasts 2.6% for August CPI. Looking ahead, the next Fed rate decision is on September 18, with odds at 100% for a rate cut. Of that, 75% expect a 25-bps cut and 25% look for a 50-bps cut. There are two more Fed rate meetings this year, the first on November 7 (just after the U.S. presidential election) and the second on December 18. We have adjusted our rate forecast and now expect three rate cuts this year (up from two) for a total of 75 bps. We see two rate cuts in 2025. We expect all the cuts to be 25 bps.

     
  • Fox Is Outperforming the Industry Within the Pay-TV Bundle, but Heavy Reliance on Linear Brings Risk

    Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 29 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.

    Rating
    Price Target
     

People Also Watch