Twenty-First Century Fox Inc (NASDAQ:FOXA) – Research analysts at KeyCorp boosted their Q3 2018 earnings estimates for Twenty-First Century Fox in a research note issued to investors on Wednesday. KeyCorp analyst A. Hargreaves now forecasts that the company will earn $0.60 per share for the quarter, up from their previous forecast of $0.52. KeyCorp currently has a “Buy” rating and a $35.00 target price on the stock. KeyCorp also issued estimates for Twenty-First Century Fox’s Q4 2018 earnings at $0.57 EPS, FY2018 earnings at $2.00 EPS, Q1 2019 earnings at $0.53 EPS, Q2 2019 earnings at $0.54 EPS, Q3 2019 earnings at $0.63 EPS, Q4 2019 earnings at $0.57 EPS and FY2019 earnings at $2.28 EPS.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The company had revenue of $7 billion for the quarter, compared to analyst estimates of $6.80 billion. During the same period in the prior year, the company posted $0.51 EPS. The firm’s quarterly revenue was up 7.6% compared to the same quarter last year.

A number of other research analysts have also weighed in on FOXA. B. Riley reissued a “neutral” rating on shares of Twenty-First Century Fox in a report on Wednesday, November 1st. Jefferies Group reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Piper Jaffray Companies reissued a “buy” rating on shares of Twenty-First Century Fox in a report on Tuesday, September 26th. Guggenheim reissued a “buy” rating and issued a $35.00 price objective on shares of Twenty-First Century Fox in a report on Tuesday, October 10th. Finally, Cowen reissued a “hold” rating and issued a $39.00 price objective on shares of Twenty-First Century Fox in a report on Friday, December 29th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and fourteen have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $36.36.

Twenty-First Century Fox (FOXA) opened at $36.65 on Friday. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $68,460.00, a PE ratio of 22.62, a PEG ratio of 2.05 and a beta of 1.44. Twenty-First Century Fox has a 1-year low of $24.81 and a 1-year high of $37.13.

Several institutional investors and hedge funds have recently modified their holdings of FOXA. Schroder Investment Management Group purchased a new stake in shares of Twenty-First Century Fox in the second quarter worth about $235,000. Ameriprise Financial Inc. boosted its position in Twenty-First Century Fox by 0.3% during the second quarter. Ameriprise Financial Inc. now owns 643,510 shares of the company’s stock worth $18,237,000 after purchasing an additional 1,997 shares in the last quarter. BlueMountain Capital Management LLC purchased a new position in Twenty-First Century Fox during the second quarter worth approximately $206,000. BT Investment Management Ltd purchased a new position in Twenty-First Century Fox during the second quarter worth approximately $373,000. Finally, Thrivent Financial For Lutherans boosted its position in Twenty-First Century Fox by 2.7% during the second quarter. Thrivent Financial For Lutherans now owns 39,690 shares of the company’s stock worth $1,125,000 after purchasing an additional 1,030 shares in the last quarter. Hedge funds and other institutional investors own 54.44% of the company’s stock.

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About Twenty-First Century Fox

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.

Earnings History and Estimates for Twenty-First Century Fox (NASDAQ:FOXA)

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