Fox Corporation (NASDAQ: FOXA) is 1.42% higher on its value in year-to-date trading and has touched a low of $28.28 and a high of $35.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FOXA stock was last observed hovering at around $30.74 in the last trading session, with the day’s loss setting it -0.65%.
Currently trading at $30.09, the stock is -1.75% and -0.52% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing -2.11% at the moment leaves the stock -3.64% off its SMA200. FOXA registered -10.79% loss for a year compared to 6-month loss of -3.53%.
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The stock witnessed a 1.04% gain in the last 1 month and extending the period to 3 months gives it a -2.62%, and is -3.00% 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 1.92% over the week and 1.97% over the month.
Fox Corporation (FOXA) has around 10400 employees, a market worth around $14.29B and $14.56B in sales. Current P/E ratio is 17.83 and Fwd P/E is 7.98. Profit margin for the company is 5.75%. Distance from 52-week low is 6.38% and -15.01% from its 52-week high. The company has generated returns on investments over the last 12 months (4.56%).
The EPS is expected to shrink by -8.28% this year.
Fox Corporation (FOXA) Top Institutional Holders
The shares outstanding are 262.90M, and float is at 237.38M with Short Float at 7.97%.
Fox Corporation (FOXA) Insider Activity
The most recent transaction is an insider sale by MURDOCH KEITH RUPERT,the company’sChairman Emeritus. SEC filings show that MURDOCH KEITH RUPERT sold 194,691 shares of the company’s common stock on Nov 29 ’23 at a price of $29.57 per share for a total of $5.76 million. Following the sale, the insider now owns 0.0 shares.
Fox Corporation disclosed in a document filed with the SEC on Sep 15 ’23 that MURDOCH KEITH RUPERT (Chair) sold a total of 100,000 shares of the company’s common stock. The trade occurred on Sep 15 ’23 and was made at $31.90 per share for $3.19 million. Following the transaction, the insider now directly holds 0.13 million shares of the FOXA stock.
Still, SEC filings show that on Aug 17 ’23, DINH VIET D (Chief Legal and Policy Officer) disposed off 231,865 shares at an average price of $33.40 for $7.74 million. The insider now directly holds 56,161 shares of Fox Corporation (FOXA).
