Fox Corporation (NASDAQ: FOX) is 12.09% higher on its value in year-to-date trading and has touched a low of $25.82 and a high of $52.54 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 FOX stock was last observed hovering at around $51.55 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $51.27, the stock is 8.43% and 11.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.01 million and changing -0.54% at the moment leaves the stock 35.01% off its SMA200. FOX registered 73.44% gain for a year compared to 6-month gain of 50.62%. The firm has a 50-day simple moving average (SMA 50) of $45.8954 and a 200-day simple moving average (SMA200) of $37.859974.
The stock witnessed a 9.74% loss in the last 1 month and extending the period to 3 months gives it a 31.83%, and is 7.15% up 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 2.74% over the week and 1.96% over the month.
Fox Corporation (FOX) has around 10200 employees, a market worth around $24.14B and $15.18B in sales. Current P/E ratio is 10.97 and Fwd P/E is 13.06. Profit margin for the company is 14.39%. Distance from 52-week low is 98.61% and -2.42% from its 52-week high. The company has generated returns on investments over the last 12 months (11.53%).
The EPS is expected to grow by 25.62% this year
The shares outstanding are 235.58M, and float is at 132.11M with Short Float at 2.59%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.0 million shares valued at $448.17 million. The investor’s holdings represent 2.9529 of the FOX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.67 million shares valued at $373.81 million to account for 2.4629 of the shares outstanding. The other top investors are DODGE & COX which holds 11.37 million shares representing 2.3979 and valued at over $363.94 million, while STATE STREET CORP holds 1.892 of the shares totaling 8.97 million with a market value of $287.15 million.
Fox Corporation (FOX) Insider Activity
The most recent transaction is an insider sale by Ciongoli Adam G., the company’s Chief Legal and Policy Officer. SEC filings show that Ciongoli Adam G. sold 1,278 shares of the company’s common stock on Feb 05 ’25 at a price of $54.13 per share for a total of $69178.0. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Nov 26 ’24, MURDOCH KEITH RUPERT (Chairman Emeritus) disposed off 771,024 shares at an average price of $46.07 for $35.52 million. The insider now directly holds 0 shares of Fox Corporation (FOX).
