Fox Corporation (FOXA)
- Previous Close
31.71 - Open
31.54 - Bid 31.66 x 400
- Ask 31.72 x 700
- Day's Range
31.38 - 31.84 - 52 Week Range
28.28 - 35.40 - Volume
2,339,248 - Avg. Volume
3,434,712 - Market Cap (intraday)
14.465B - Beta (5Y Monthly) 0.79
- PE Ratio (TTM)
18.54 - EPS (TTM)
1.71 - Earnings Date May 8, 2024
- Forward Dividend & Yield 0.52 (1.64%)
- Ex-Dividend Date Mar 5, 2024
- 1y Target Est
36.40
Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business news, and sports content for distribution through traditional cable television systems, direct broadcast satellite operators, and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and power broadcast television stations including duopolies and other digital platform; and engages in production of content for company and third parties. Other, Corporate and Eliminations segment comprises the FOX Studio Lot which provides television and film production services including office space, studio operation services, and facility operations; and Credible, a U.S. consumer finance marketplace. The company was incorporated in 2018 and is headquartered in New York, New York.
www.foxcorporation.com10,400
Full Time Employees
June 30
Fiscal Year Ends
Sector
Industry
Recent News: FOXA
Performance Overview: FOXA
Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: FOXA
Select to analyze similar companies using key performance metrics; select up to 4 stocks.
Statistics: FOXA
Valuation Measures
Market Cap
14.46B
Enterprise Value
19.75B
Trailing P/E
18.54
Forward P/E
8.50
PEG Ratio (5yr expected)
1.06
Price/Sales (ttm)
1.09
Price/Book (mrq)
1.47
Enterprise Value/Revenue
1.36
Enterprise Value/EBITDA
10.23
Financial Highlights
Profitability and Income Statement
Profit Margin
5.75%
Return on Assets (ttm)
6.35%
Return on Equity (ttm)
7.57%
Revenue (ttm)
14.56B
Net Income Avi to Common (ttm)
837M
Diluted EPS (ttm)
1.71
Balance Sheet and Cash Flow
Total Cash (mrq)
4.12B
Total Debt/Equity (mrq)
89.04%
Levered Free Cash Flow (ttm)
1.46B
Research Analysis: FOXA
Company Insights: FOXA
Fair Value
Dividend Score
Hiring Score
Insider Sentiment Score
Research Reports: FOXA
Analyst Report: Fox Corporation
Fox operates in two segments: cable networks and television. Cable networks primarily includes Fox News, Fox Business, and several pay-TV sports stations. Television primarily includes the Fox broadcast network, 28 owned and operated local television stations, of which 18 are affiliated with the Fox network, and streaming platform Tubi, which is not subscription-based and is completely ad-supported. Fox effectively sold most of its entertainment assets to Disney in 2019, so it no longer creates entertainment content and relies heavily on live news and sports, with nearly all tied to the pay-TV bundle. The Murdoch family controls Fox.
RatingPrice TargetAnalyst Report: Fox Corporation
Fox Corp. produces and distributes news, sports and entertainment programming through its U.S. domestic cable and broadcast television networks, including owned and affiliated local television stations. Fox network brands include FOX News, FOX Sports, and The FOX Network. Fox changed its name from Twenty-First Century Fox when it divested certain assets, including its film and television studios, cable entertainment networks, U.S. regional sports networks, and international sports and entertainment television distribution businesses, to Disney on March 20, 2019. Founder Rupert Murdoch and the Murdoch family trust retain a nearly 40% controlling interest in the company.
RatingPrice TargetMarket Digest: MKL, CHH, COF, DFS, HIG, LNT, MAN, TWLO, FOXA
We've seen growing evidence of rotation away from mega-cap tech. Indeed, even a textbook 'impressive' beat can lead to a 'sell the news' reaction for these stocks. Betting on more near-term upside from these stocks, no matter what they report, is a tough technical game as they all have extreme 14-day and 14-week Relative Strength Index (RSI) readings in the high 70s to mid-80s.
Analyst Report: Fox Corporation
Fox represents the assets not sold to Disney by predecessor firm, Twenty First Century Fox, in 2019. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, Tubi, and the Fox Studios lot. Since the Disney sale, Fox has acquired other related and unrelated assets including Credible Labs, a consumer fintech firm. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
RatingPrice Target