B. Riley reissued their hold rating on shares of Twenty-First Century Fox, Inc. (NASDAQ:FOXA) in a research report sent to investors on Thursday. The brokerage currently has a $31.00 price target on the stock. B. Riley also issued estimates for Twenty-First Century Fox’s Q2 2018 earnings at $0.48 EPS, Q3 2018 earnings at $0.50 EPS, Q4 2018 earnings at $0.49 EPS, FY2018 earnings at $1.96 EPS, FY2019 earnings at $2.30 EPS and FY2020 earnings at $2.71 EPS.

Several other equities analysts have also issued reports on the company. Sanford C. Bernstein reaffirmed a market perform rating on shares of Twenty-First Century Fox in a report on Tuesday, September 12th. KeyCorp reaffirmed a buy rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Sunday, September 10th. Credit Suisse Group reaffirmed an outperform rating and issued a $35.00 target price (down from $37.00) on shares of Twenty-First Century Fox in a report on Thursday, October 12th. ValuEngine lowered Twenty-First Century Fox from a buy rating to a hold rating in a report on Friday, September 1st. Finally, Jefferies Group LLC reaffirmed a buy rating and issued a $35.00 target price on shares of Twenty-First Century Fox in a report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, six have given a hold rating and eighteen have assigned a buy rating to the company. Twenty-First Century Fox presently has a consensus rating of Buy and a consensus target price of $33.40.

Twenty-First Century Fox (FOXA) opened at $28.84 on Thursday. The stock has a market capitalization of $53,384.46, a P/E ratio of 15.02, a PEG ratio of 1.98 and a beta of 1.26. The company has a quick ratio of 1.73, a current ratio of 2.08 and a debt-to-equity ratio of 1.09. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $32.60.

Twenty-First Century Fox (NASDAQ:FOXA) last released its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The company had revenue of $7 billion during the quarter, compared to analyst estimates of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. Twenty-First Century Fox’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.51 earnings per share. analysts anticipate that Twenty-First Century Fox will post 1.98 EPS for the current year.

COPYRIGHT VIOLATION WARNING: “Twenty-First Century Fox, Inc. (FOXA) Stock Rating Reaffirmed by B. Riley” was first reported by Watch List News and is the sole property of of Watch List News. If you are viewing this piece on another website, it was stolen and reposted in violation of US and international copyright legislation. The legal version of this piece can be accessed at https://www.watchlistnews.com/twenty-first-century-fox-inc-foxa-stock-rating-reaffirmed-by-b-riley/1699578.html.

Several hedge funds have recently modified their holdings of FOXA. Capital Research Global Investors raised its position in shares of Twenty-First Century Fox by 20.2% in the second quarter. Capital Research Global Investors now owns 85,581,646 shares of the company’s stock worth $2,425,384,000 after buying an additional 14,398,422 shares in the last quarter. Independent Franchise Partners LLP raised its position in shares of Twenty-First Century Fox by 19.6% in the second quarter. Independent Franchise Partners LLP now owns 26,355,484 shares of the company’s stock worth $746,914,000 after buying an additional 4,315,548 shares in the last quarter. Northern Trust Corp raised its position in shares of Twenty-First Century Fox by 17.4% in the second quarter. Northern Trust Corp now owns 17,652,970 shares of the company’s stock worth $500,285,000 after buying an additional 2,621,748 shares in the last quarter. Boston Partners raised its position in shares of Twenty-First Century Fox by 19.4% in the second quarter. Boston Partners now owns 15,926,008 shares of the company’s stock worth $451,343,000 after buying an additional 2,592,039 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Twenty-First Century Fox by 8.7% in the second quarter. JPMorgan Chase & Co. now owns 26,630,790 shares of the company’s stock worth $754,718,000 after buying an additional 2,140,568 shares in the last quarter. Institutional investors own 53.45% of the company’s stock.

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.

Analyst Recommendations for Twenty-First Century Fox (NASDAQ:FOXA)

Receive News & Ratings for Twenty-First Century Fox Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twenty-First Century Fox Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.