Jefferies Group LLC restated their buy rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a research report report published on Friday, May 12th. Jefferies Group LLC currently has a $35.00 target price on the stock.
Several other equities research analysts have also weighed in on the company. Rosenblatt Securities upgraded Twenty-First Century Fox from a neutral rating to a buy rating and set a $33.00 price target on the stock in a research report on Thursday, May 11th. Guggenheim reiterated a buy rating and set a $35.00 price objective (up previously from $34.00) on shares of Twenty-First Century Fox in a research note on Friday, April 14th. ValuEngine upgraded Twenty-First Century Fox from a hold rating to a buy rating in a research note on Thursday, May 11th. BMO Capital Markets restated a buy rating and issued a $35.00 price target on shares of Twenty-First Century Fox in a research note on Wednesday, January 18th. Finally, Pivotal Research restated a buy rating and issued a $37.00 price target (up previously from $36.00) on shares of Twenty-First Century Fox in a research note on Sunday, April 23rd. Six analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. The stock currently has an average rating of Buy and an average price target of $33.20.
Shares of Twenty-First Century Fox (NASDAQ:FOXA) traded down 1.05% during mid-day trading on Friday, reaching $27.45. 9,902,383 shares of the company’s stock traded hands. The company has a 50 day moving average of $27.96 and a 200 day moving average of $29.52. The company has a market cap of $50.81 billion, a price-to-earnings ratio of 16.88 and a beta of 1.34. Twenty-First Century Fox has a 12 month low of $23.33 and a 12 month high of $32.60.
Twenty-First Century Fox (NASDAQ:FOXA) last issued its quarterly earnings data on Wednesday, May 10th. The company reported $0.54 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.06. The firm had revenue of $7.56 billion for the quarter, compared to analyst estimates of $7.63 billion. Twenty-First Century Fox had a return on equity of 24.40% and a net margin of 10.72%. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same period last year, the company earned $0.47 EPS. Analysts expect that Twenty-First Century Fox will post $1.94 earnings per share for the current fiscal year.
TRADEMARK VIOLATION WARNING: “Jefferies Group LLC Reaffirms Buy Rating for Twenty-First Century Fox, Inc. (FOXA)” was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this article on another domain, it was stolen and republished in violation of US & international copyright law. The correct version of this article can be viewed at https://www.com-unik.info/2017/06/17/twenty-first-century-foxs-foxa-buy-rating-reiterated-at-jefferies-group-llc-updated-updated-updated.html.
A number of large investors have recently bought and sold shares of the company. Whalerock Point Partners LLC bought a new position in shares of Twenty-First Century Fox during the third quarter valued at $289,000. Advisory Services Network LLC bought a new position in shares of Twenty-First Century Fox during the first quarter valued at $106,000. Whittier Trust Co. boosted its position in shares of Twenty-First Century Fox by 22.3% in the first quarter. Whittier Trust Co. now owns 3,821 shares of the company’s stock valued at $124,000 after buying an additional 697 shares in the last quarter. State of Alaska Department of Revenue bought a new position in shares of Twenty-First Century Fox during the first quarter valued at $134,000. Finally, TrimTabs Asset Management LLC boosted its position in shares of Twenty-First Century Fox by 89.0% in the first quarter. TrimTabs Asset Management LLC now owns 4,384 shares of the company’s stock valued at $142,000 after buying an additional 2,064 shares in the last quarter. Institutional investors own 55.07% of the company’s stock.
About Twenty-First Century Fox
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.
What are top analysts saying about Twenty-First Century Fox Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Twenty-First Century Fox Inc. and related companies.