Twenty-First Century Fox Inc (FOXA) Sees Significant Decrease in Short Interest
Twenty-First Century Fox Inc (NASDAQ:FOXA) was the target of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 23,649,867 shares, a drop of 18.0% from the November 15th total of 28,840,245 shares. Currently, 2.3% of the company’s shares are short sold. Based on an average daily volume of 10,876,356 shares, the short-interest ratio is presently 2.2 days.
Twenty-First Century Fox (NASDAQ FOXA) opened at $35.19 on Tuesday. Twenty-First Century Fox has a 12-month low of $24.81 and a 12-month high of $35.86. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.08 and a quick ratio of 1.73. The firm has a market capitalization of $64,819.96, a PE ratio of 18.22, a PEG ratio of 2.40 and a beta of 1.34.
Twenty-First Century Fox (NASDAQ:FOXA) last posted its quarterly earnings data on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.01. Twenty-First Century Fox had a return on equity of 21.02% and a net margin of 12.91%. The firm had revenue of $7 billion during the quarter, compared to analyst estimates of $6.80 billion. During the same period last year, the company posted $0.51 EPS. The business’s quarterly revenue was up 7.6% on a year-over-year basis. research analysts predict that Twenty-First Century Fox will post 1.98 earnings per share for the current year.
FOXA has been the subject of several analyst reports. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, October 10th. Piper Jaffray Companies set a $35.00 target price on Twenty-First Century Fox and gave the stock a “buy” rating in a research report on Wednesday, November 1st. Jefferies Group reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Tuesday, September 26th. KeyCorp reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Sunday, September 10th. Finally, BMO Capital Markets reaffirmed a “buy” rating and set a $35.00 target price on shares of Twenty-First Century Fox in a research report on Wednesday, November 22nd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have issued a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average price target of $34.72.
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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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