Fox Corporation (NASDAQ:FOX) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Fox Corporation (NASDAQ:FOX) have been given a consensus rating of “Moderate Buy” by the six research firms that are presently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $82.50.

FOX has been the topic of several recent analyst reports. Guggenheim reiterated a “buy” rating and set a $85.00 target price on shares of FOX in a research report on Monday, December 22nd. Fox Advisors set a $97.00 price objective on shares of FOX in a report on Tuesday, October 28th. Weiss Ratings restated a “buy (b)” rating on shares of FOX in a report on Monday, December 29th. Cfra reaffirmed a “buy” rating and set a $73.00 price target on shares of FOX in a research report on Monday, November 3rd. Finally, UBS Group reiterated a “buy” rating on shares of FOX in a report on Friday, October 31st.

FOX News Roundup

Here are the key news stories impacting FOX this week:

• Positive Sentiment: High viewership from alternative Super Bowl programming and related content could boost short-term ad revenue and audience metrics, supporting ad pricing and affiliate leverage. Turning Point USA’s patriotic Super Bowl alternative earns praise; millions tune in
• Positive Sentiment: Extensive breaking-news coverage (Nancy Guthrie disappearance and related updates) is driving traffic and engagement across Fox’s news platforms — a near-term audience and ad-sales positive. Nancy Guthrie latest: Final deadline looms in kidnapping of Savannah Guthrie’s mom
• Neutral Sentiment: A valuation/structure comparison between Fox’s two listings (FOX vs FOXA) offers context for investors deciding between voting and non-voting shares, but it’s informational rather than an immediate catalyst. FOX vs. FOXA: Which Stock Is the Better Value Option?
• Negative Sentiment: Management flagged a “streaming cost squeeze” on the recent Q2 earnings call — signaling rising content or tech costs that could pressure margins on the company’s streaming initiatives despite an overall quarterly beat. That commentary is a likely driver of investor concern today. Fox Corp Earnings Call Highlights Streaming, Cost Squeeze
• Negative Sentiment: An analyst action — Wells Fargo cutting FOX to a Hold — increases selling pressure and could prompt reassessments of near-term upside by institutional holders. FOX Cut to Hold at Wells Fargo & Company

Insider Activity

In related news, insider Adam G. Ciongoli sold 29,897 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $69.55, for a total value of $2,079,336.35. Following the transaction, the insider owned 35,978 shares in the company, valued at approximately $2,502,269.90. This trade represents a 45.38% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Chairman Keith Rupert Murdoch sold 100,000 shares of FOX stock in a transaction that occurred on Friday, November 21st. The shares were sold at an average price of $59.26, for a total transaction of $5,926,000.00. Following the transaction, the chairman directly owned 1,100,862 shares in the company, valued at approximately $65,237,082.12. This trade represents a 8.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 23.06% of the company’s stock.

Hedge Funds Weigh In On FOX

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Root Financial Partners LLC acquired a new stake in FOX in the 3rd quarter valued at $26,000. Quent Capital LLC purchased a new stake in shares of FOX in the third quarter worth about $32,000. Brown Brothers Harriman & Co. grew its stake in shares of FOX by 336.9% in the third quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock valued at $35,000 after buying an additional 475 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of FOX during the 3rd quarter valued at about $74,000. Finally, First Horizon Corp acquired a new position in FOX during the 3rd quarter worth approximately $74,000. Institutional investors and hedge funds own 26.41% of the company’s stock.

FOX Stock Performance

Shares of FOX opened at $56.77 on Tuesday. FOX has a 1 year low of $43.18 and a 1 year high of $68.18. The company’s 50 day simple moving average is $64.03 and its 200 day simple moving average is $57.98. The company has a market capitalization of $25.20 billion, a price-to-earnings ratio of 13.65, a PEG ratio of 7.92 and a beta of 0.56. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.44 and a current ratio of 2.78.

FOX (NASDAQ:FOX) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.31. FOX had a return on equity of 18.14% and a net margin of 11.41%.The company had revenue of $5.18 billion during the quarter, compared to the consensus estimate of $5.06 billion. On average, sell-side analysts predict that FOX will post 4.25 EPS for the current year.

FOX Dividend Announcement

The company also recently declared a dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, March 4th. FOX’s payout ratio is 13.46%.

About FOX

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.