What is Seaport Res Ptn’s Forecast for FOX FY2025 Earnings?

Fox Corporation (NASDAQ:FOXA) – Equities researchers at Seaport Res Ptn lowered their FY2025 EPS estimates for FOX in a research note issued on Tuesday, June 24th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $4.62 per share for the year, down from their prior estimate of $4.64. The consensus estimate for FOX’s current full-year earnings is $4.38 per share. Seaport Res Ptn also issued estimates for FOX’s Q4 2025 earnings at $1.12 EPS.

FOX (NASDAQ:FOXA) last issued its quarterly earnings results on Monday, May 12th. The company reported $1.10 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.17. The company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.14 billion. FOX had a net margin of 11.58% and a return on equity of 17.99%. FOX’s revenue was up 26.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.40 earnings per share.

Several other equities analysts have also issued reports on the stock. Loop Capital boosted their target price on shares of FOX from $62.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, May 13th. Wells Fargo & Company boosted their target price on shares of FOX from $58.00 to $62.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 13th. Cfra Research raised shares of FOX from a “hold” rating to a “moderate buy” rating in a research report on Monday, April 7th. Morgan Stanley boosted their target price on shares of FOX from $57.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, May 13th. Finally, Bank of America boosted their target price on shares of FOX from $60.00 to $65.00 and gave the stock a “buy” rating in a research report on Wednesday. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $53.53.

FOX Price Performance

Shares of NASDAQ:FOXA opened at $56.68 on Thursday. The firm has a market cap of $25.48 billion, a PE ratio of 14.10, a price-to-earnings-growth ratio of 1.19 and a beta of 0.51. The firm’s fifty day moving average is $53.17 and its 200-day moving average is $52.17. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.33 and a current ratio of 2.45. FOX has a 52 week low of $33.82 and a 52 week high of $58.74.

Insider Buying and Selling

In other FOX news, CFO Steven Tomsic sold 5,607 shares of the firm’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $55.37, for a total transaction of $310,459.59. Following the sale, the chief financial officer now owns 133,923 shares in the company, valued at $7,415,316.51. This trade represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 21.77% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in FOXA. Norges Bank purchased a new position in shares of FOX during the 4th quarter worth approximately $132,161,000. Assetmark Inc. grew its holdings in shares of FOX by 752.1% during the 1st quarter. Assetmark Inc. now owns 1,951,657 shares of the company’s stock worth $110,464,000 after acquiring an additional 1,722,616 shares during the period. Jupiter Asset Management Ltd. purchased a new position in shares of FOX during the 4th quarter worth approximately $67,471,000. FMR LLC grew its holdings in shares of FOX by 240.2% during the 4th quarter. FMR LLC now owns 1,884,927 shares of the company’s stock worth $91,570,000 after acquiring an additional 1,330,908 shares during the period. Finally, Federated Hermes Inc. grew its holdings in shares of FOX by 164,675.7% during the 1st quarter. Federated Hermes Inc. now owns 1,255,591 shares of the company’s stock worth $71,066,000 after acquiring an additional 1,254,829 shares during the period. Hedge funds and other institutional investors own 52.52% of the company’s stock.

About FOX

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses 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.