Equities research analysts predict that Twenty-First Century Fox Inc (NASDAQ:FOXA) will announce $0.56 earnings per share for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Twenty-First Century Fox’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.59. Twenty-First Century Fox reported earnings per share of $0.54 in the same quarter last year, which would indicate a positive year over year growth rate of 3.7%. The company is expected to issue its next quarterly earnings results on Wednesday, May 9th.
On average, analysts expect that Twenty-First Century Fox will report full year earnings of $2.04 per share for the current year, with EPS estimates ranging from $2.01 to $2.08. For the next financial year, analysts forecast that the firm will report earnings of $2.26 per share, with EPS estimates ranging from $2.10 to $2.42. Zacks’ EPS averages are a mean average based on a survey of research firms that follow Twenty-First Century Fox.
Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.38 by $0.04. The business had revenue of $8.04 billion for the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The company’s revenue was up 4.6% on a year-over-year basis. During the same period last year, the business posted $0.53 EPS.
Several brokerages recently commented on FOXA. B. Riley reiterated a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Pivotal Research raised their target price on Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “buy” rating in a report on Thursday, December 14th. ValuEngine upgraded Twenty-First Century Fox from a “hold” rating to a “buy” rating in a report on Friday, February 9th. BMO Capital Markets raised their target price on Twenty-First Century Fox from $35.00 to $37.00 and gave the company a “market perform” rating in a report on Monday, February 12th. Finally, Piper Jaffray Companies set a $35.00 target price on Twenty-First Century Fox and gave the company a “buy” rating in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have issued a buy rating to the company. Twenty-First Century Fox has an average rating of “Buy” and a consensus target price of $37.73.
Shares of Twenty-First Century Fox (FOXA) opened at $37.46 on Tuesday. The company has a market capitalization of $69,395.70, a PE ratio of 17.50, a P/E/G ratio of 1.93 and a beta of 1.32. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.98. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $39.13.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Wednesday, April 18th. Shareholders of record on Wednesday, March 14th will be paid a dividend of $0.18 per share. The ex-dividend date is Tuesday, March 13th. This represents a yield of 0.00503778337531486%. Twenty-First Century Fox’s dividend payout ratio (DPR) is presently 16.82%.
Institutional investors and hedge funds have recently modified their holdings of the company. Verition Fund Management LLC acquired a new position in shares of Twenty-First Century Fox in the 2nd quarter worth approximately $365,000. Candriam Luxembourg S.C.A. grew its position in shares of Twenty-First Century Fox by 76.8% in the 3rd quarter. Candriam Luxembourg S.C.A. now owns 261,190 shares of the company’s stock worth $6,890,000 after acquiring an additional 113,484 shares in the last quarter. Fort L.P. grew its position in shares of Twenty-First Century Fox by 831.1% in the 3rd quarter. Fort L.P. now owns 274,233 shares of the company’s stock worth $7,234,000 after acquiring an additional 244,781 shares in the last quarter. KBC Group NV grew its position in shares of Twenty-First Century Fox by 0.6% in the 3rd quarter. KBC Group NV now owns 930,207 shares of the company’s stock worth $24,538,000 after acquiring an additional 5,364 shares in the last quarter. Finally, Prudential Financial Inc. grew its position in shares of Twenty-First Century Fox by 37.7% in the 3rd quarter. Prudential Financial Inc. now owns 2,365,808 shares of the company’s stock worth $62,410,000 after acquiring an additional 647,790 shares in the last quarter. Institutional investors own 53.49% of the company’s stock.
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Twenty-First Century Fox Company Profile
Twenty-First Century Fox, Inc is a media and entertainment company. The Company’s segments include Cable Network Programming; Television; Filmed Entertainment, and Other, Corporate and Eliminations. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
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