Fox Corporation (NASDAQ: FOXA) is 8.67% higher on its value in year-to-date trading and has touched a low of $28.28 and a high of $55.56 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 $53.24 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $52.79, the stock is 5.19% and 8.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.97 million and changing -0.85% at the moment leaves the stock 29.09% off its SMA200. FOXA registered 66.95% gain for a year compared to 6-month gain of 34.57%. The firm has a 50-day simple moving average (SMA 50) of $48.8442 and a 200-day simple moving average (SMA200) of $40.8946.
The stock witnessed a 7.23% loss in the last 1 month and extending the period to 3 months gives it a 21.08%, and is 3.15% 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 3.14% over the week and 2.09% over the month.
Fox Corporation (FOXA) has around 10200 employees, a market worth around $23.30B and $15.18B in sales. Current P/E ratio is 11.30 and Fwd P/E is 13.40. Profit margin for the company is 14.39%. Distance from 52-week low is 86.64% and -4.98% from its 52-week high. The company has generated returns on investments over the last 12 months (11.53%).
with sales reaching $4.13B over the same period.The EPS is expected to grow by 26.10% this year, but quarterly earnings will post 13.50% year-over-year. Quarterly sales are estimated to grow 19.69% in year-over-year returns.
Fox Corporation (FOXA) Top Institutional Holders
862.0 institutions hold shares in Fox Corporation (FOXA), with institutional investors hold 117.07% of the company’s shares. The shares outstanding are 218.78M, and float is at 215.58M with Short Float at 11.36%. Institutions hold 115.73% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 32.96 million shares valued at $1.13 billion. The investor’s holdings represent 6.9541% of the FOXA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 29.09 million shares valued at $999.82 million to account for 6.1371 of the shares outstanding. The other top investors are DODGE & COX which holds 28.59 million shares representing 6.0326% and valued at over $982.79 million, while INDEPENDENT FRANCHISE PARTNERS LLP holds 3.9021 of the shares totaling 18.5 million with a market value of $635.71 million.
Fox Corporation (FOXA) 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 (FOXA).
