Fox Corporation (NASDAQ:FOXA) currently has a daily average trading volume of 4.43M but it saw 4501935 shares traded in last market. With a market cap of 21.59B USD, the company’s current market price of $49.52 came falling about -3.86 while comparing to the previous closing price of $51.51. In past 52 weeks, the stock remained buoying in the range of price level as high as $58.74 and as low as $30.02. In the recent trading on the day, stock has struck highest price mark of $48.26 while lowest mark touched by it was $51.17.
Taking a look at 20-day trading activity of Fox Corporation (FOXA) gives us an average price of $52.90, while its current price level is -15.70% below from 52-week high level whereas it is 64.96% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $54.09 while that of 200 days or SMA-200 reads an average of $45.45. A closer look into the stock’s movement over the week reveals that its volatility is standing at 7.37% during that period while stretching the period over a month that decreases to 3.72%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 40.78 which implies that the stock is in neutral territory.
MoffettNathanson downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 21, 2025 while assigning a price target range of $51-$52.
Over the week, FOXA’s stock price is moving -4.46% down while it is -5.33% when we observe its performance for the past one month. Year-to-date it is 1.93% up and over the past year, the stock is showing an upside performance of 57.96%.
The company is expected to be releasing its next quarterly report on 2025-Feb-03, for which analysts forecasted an EPS of 0.88 while estimate for next year EPS is 4.35. In next quarter, company is expected to be making quarterly sales of $3.12B as analysts are expecting the sales for current fiscal year at $15.87B and seeing the company making $15.36B in sales next year. Moreover, analysts are in estimates of $4.14B for current-quarter revenue.
Currently, Fox Corporation’s total number of outstanding shares is 218.78M with 1.17% of that held by the insiders while 112.05% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.53% and return on equity (ROE) at 20.09%. It has a price to earnings ratio (P/E ratio) of 10.60 while having a 12.29 of forward P/E ratio. Stock’s beta reads 0.53. Stock has a price to book (P/B) ratio of 1.96 while price to sale or P/S ratio amounts to 1.42. Its return on asset (ROA) is 9.53% on average.
