Twenty-First Century Fox Inc (NASDAQ:FOXA) – Analysts at B. Riley raised their FY2018 earnings estimates for shares of Twenty-First Century Fox in a report issued on Tuesday. B. Riley analyst B. Crockett now expects that the company will post earnings per share of $2.04 for the year, up from their previous estimate of $1.96. B. Riley currently has a “Buy” rating and a $46.00 target price on the stock.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.01. The business had revenue of $7 billion during the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a net margin of 10.30% and a return on equity of 21.41%. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.51 earnings per share.
Twenty-First Century Fox (FOXA) traded up $0.47 on Thursday, reaching $36.65. 18,037,113 shares of the company traded hands, compared to its average volume of 10,632,501. The firm has a market capitalization of $68,747.31, a PE ratio of 22.76, a PEG ratio of 2.10 and a beta of 1.34. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox has a 1 year low of $24.81 and a 1 year high of $37.13.
A number of institutional investors and hedge funds have recently made changes to their positions in FOXA. Mint Tower Capital Management B.V. bought a new position in Twenty-First Century Fox in the 3rd quarter valued at about $110,000. Rockefeller Financial Services Inc. bought a new position in Twenty-First Century Fox in the 3rd quarter valued at about $113,000. Zions Bancorporation grew its position in Twenty-First Century Fox by 86.4% in the 3rd quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock valued at $130,000 after buying an additional 2,276 shares in the last quarter. Tiedemann Wealth Management LLC bought a new position in Twenty-First Century Fox in the 3rd quarter valued at about $148,000. Finally, Stelac Advisory Services LLC bought a new position in Twenty-First Century Fox in the 3rd quarter valued at about $150,000. Hedge funds and other institutional investors own 54.44% of the company’s stock.
Twenty-First Century Fox Company Profile
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.
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