Fox Corporation (NASDAQ: FOXA) is -28.35% lower on its value in year-to-date trading and has touched a low of $19.81 and a high of $39.74 in the current 52-week trading range. The FOXA stock was last observed hovering at around $26.56 in the recent trading session, with the current gains setting it 0.2%.
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At last check, trading at $26.76, the stock is -5.63% and -2.87% below its SMA20 and SMA50 respectively. However, with a current trading volume of 0.55 million and changing 0.77% at the moment leaves the stock -14.67% off its SMA200. FOXA registered -26.93% loss for a year compared to 6-month loss of -28.35%. The firm has a 50-day simple moving average (SMA 50) of $28.56 and a 200-day simple moving average (SMA200) of $30.32.
The stock witnessed a -13.68% gain in the last 1 month and extending the period to 3 months gives it a 17.16%, and is -1.37% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.94% over the week and 4.68% over the month.
Fox Corporation (FOXA) has around 7700 employees, a market worth around $16.25B and $12.40B in sales. Current P/E ratio is 12.40 and Fwd P/E is 11.93. Profit margin for the company is 10.70%. Distance from 52-week low is 35.11% and -32.64% from its 52-week high. The company has generated returns on investments over the last 12 months (9.50%).
Fox Corporation (FOXA) Analyst Forecasts
Fox Corporation quarterly earnings per share for the current quarter are estimated at $0.54 with sales reaching $2.39B over the same period.The EPS is expected to grow by 0.90% this year, but quarterly earnings will post 7.60% year-over-year. Quarterly sales are estimated to shrink -5.00% in year-over-year returns.
Fox Corporation (FOXA) Top Institutional Holders
736 institutions hold shares in Fox Corporation (FOXA), with 11.01M shares held by insiders accounting for 1.82% while institutional investors hold 107.90% of the company’s shares. The shares outstanding are 608.00M, and float is at 493.83M with Short Float at 4.61%. Institutions hold 105.94% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 35.18 million shares valued at $831.27 million. The investor’s holdings represent 10.27% of the FOXA Shares outstanding. As of Mar 30, 2020, the second largest holder is Dodge & Cox Inc with 29.84 million shares valued at $705.05 million to account for 8.71% of the shares outstanding. The other top investors are Baupost Group, Inc,.(The) LLC which holds 27.32 million shares representing 7.97% and valued at over $645.64 million, while Vanguard Group, Inc. (The) holds 7.83% of the shares totaling 26.81 million with a market value of $633.57 million.
Fox Corporation (FOXA) Insider Activity
A total of 24 insider transactions have happened at Fox Corporation (FOXA) in the last six months, with sales accounting for 12 and purchases happening 12 times.