Analyst Research

Twenty-First Century Fox Inc (NASDAQ:FOXA) Has 35 Percent Upside Potential

Twenty-First Century Fox Inc (NASDAQ:FOXA) shares traded -5.09% during the most recent session the stock exchanged hands 21.62M shares versus average trading capacity of 7.38M shares, yielding a market cap of $53.08B. Wall Street analysts covering the stock are projecting that the stock will reach $34.55 within the next 52-weeks. The mean target projections are based on 22 opinions, the mean target was last revised on 04/20/17.

Taking a broader look brokerage firms’ analysts on the street with an expectant view have Twenty-First Century Fox Inc (NASDAQ:FOXA) high price target of $39.00 and with a conservative view have low price target of $28.00 with a standard deviation of $3.84. If seeing target price from optimistic overview then it has a 35 percent upside potential from the latest closing price of $28.88.

Twenty-First Century Fox Inc (NASDAQ:FOXA) “Reiterated” by Wedbush in a research note issued to investors on Feb-07-17 as Outperform from $35 to $36.

Additionally on Feb-07-17 Twenty-First Century Fox Inc (NASDAQ:FOXA) was “Reiterated” by FBR & Co. as Mkt Perform from $33 to $34 and on Feb-01-17 the stock was “Upgraded” by MoffettNathanson from Neutral to Buy. Furthermore on Jan-03-17 the stock was “Upgraded” by Wells Fargo from Market Perform to Outperform.

On the other hand the company has Relative Strength Index (RSI 14) of 28.27 along with Average True Range (ATR 14) of 0.58, Consequently Twenty-First Century Fox Inc (NASDAQ:FOXA) weekly and monthly volatility is 2.13%, 1.83% respectively. The company’s beta value is at 1.35.

In terms of Buy, Sell or Hold recommendations, Twenty-First Century Fox Inc (NASDAQ:FOXA) has analysts’ mean recommendation of 2.10. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

Analysts who have weighed in on projected earnings growth are expecting that Twenty-First Century Fox Inc (NASDAQ:FOXA) will report earnings of $0.48 for the current quarter on or around 5/10/2017 After Market Close, however the company’s high EPS estimates are $0.5 and low estimates are $0.45. However the company reported $0.47 earnings per share for the same quarter during last year.

Previously Twenty-First Century Fox Inc (NASDAQ:FOXA) reported $0.53 earnings per share (EPS) for the quarter on 2/6/2017 After Market Close, beating the consensus estimate of $0.49 by $0.04. The company posted an earnings surprise of 8.16%.

While considering growth estimates of the company, it has next quarter growth estimates of 5.30% whereas during current quarter it has 2.10% estimations over growth, comparing to the estimations of 15.10% during current year and 9.40% for next year. Past 5 years growth of Twenty-First Century Fox Inc (NASDAQ:FOXA) observed at 5.68%, looking forward for the next 5 years it has a strong prediction of 12.91% over growth.

Twenty-First Century Fox Inc (NASDAQ:FOXA) revenue estimates for the current quarter are $7.63B according to 23 number of analysts, for the current quarter the company has high revenue estimates of $7.8B in contradiction of low revenue estimates of $7.24B. For the current year the company’s revenue estimates are $28.78B compared to low analyst estimates of $28.32B and high estimates of $29.4B according 26 number of analysts.

Currently Twenty-First Century Fox Inc (NASDAQ:FOXA) shares owned by insiders are 1.03%, whereas shares owned by institutional owners are 97.80%. However the six-month change in the insider ownership was recorded 0.00%, as well as three-month change in the institutional ownership was recorded -0.35%.

Twenty-First Century Fox Inc (NASDAQ:FOXA) trading -11.41% away from its 52 week high of $32.60 and +24.52% far from the stock’s low point over the past 52 weeks, which was $23.19. The stock hit its 52-week high on 03/31/17, and 52-week low on 09/16/16. The company’s trailing twelve month income is 3.10B dollars and is paying 1.25% dividend yield annually.

Twenty-First Century Fox Inc (NASDAQ:FOXA) trailing twelve month revenues are $28.06B, whereas its price to sales ratio for the same period is 1.89. Its book value per share for the most recent quarter is $7.74 while its price to book ratio for the same period is 3.73, as for as the company’s cash per share for the most recent quarter is $2.47, however its price to cash per share ratio for the same period is 11.70. The stock has a current PEG ratio of 1.36 where as its trailing twelve month P/E ratio is 17.55.

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