FOX News Audio to Debut The FOX Business Rundown Podcast on May 20
Business Wire (Thu, 9-May 12:08 PM ET)
PRNewswire (Thu, 9-May 12:00 PM ET)
Seaport Global Gives a Buy Rating to Fox (FOXA)
TipRanks (Thu, 9-May 8:36 AM ET)
TipRanks (Thu, 9-May 8:04 AM ET)
Fox (FOXA) Receives a Buy from Loop Capital Markets
TipRanks (Thu, 9-May 8:02 AM ET)
Fox ticks up as Bank of America upgrades after Q3 results
Seeking Alpha News (Thu, 9-May 7:24 AM ET)
TipRanks (Thu, 9-May 3:30 AM ET)
Analysts Offer Insights on Communication Services Companies: Nextdoor Holdings (KIND) and Fox (FOXA)
TipRanks (Wed, 8-May 10:50 AM ET)
Fox Non-GAAP EPS of $1.09 beats by $0.13, revenue of $3.45B beats by $10M
Seeking Alpha News (Wed, 8-May 8:10 AM ET)
PRNewswire (Wed, 8-May 8:00 AM ET)
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.
Fox - Class A trades on the NASDAQ stock market under the symbol FOXA.
As of May 9, 2024, FOXA stock price climbed to $33.32 with 3,972,663 million shares trading.
FOXA has a beta of 0.38, meaning it tends to be less sensitive to market movements. FOXA has a correlation of 0.05 to the broad based SPY ETF.
FOXA has a market cap of $15.55 billion. This is considered a Large Cap stock.
Last quarter Fox - Class A reported $3 billion in Revenue and $1.09 earnings per share. This beat revenue expectation by $7 million and exceeded earnings estimates by $.13.
In the last 3 years, FOXA stock traded as high as $44.95 and as low as $28.02.
The top ETF exchange traded funds that FOXA belongs to (by Net Assets): VTI, XLC, VOO, VO, SPY.
FOXA stock has underperformed the market in the last year with a return of +5.2%, while SPY returned +27.7%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in FOXA shares. However, FOXA has outperformed the market in the last 3 month and 2 week periods, returning +16.7% and +5.1%, while SPY returned +4.7% and +2.9%, respectively. This indicates FOXA has been having a stronger performance recently.
FOXA support price is $32.76 and resistance is $33.56 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that FOXA stock will trade within this expected range on the day.