Twenty-First Century Fox Inc (NASDAQ:FOXA) – KeyCorp reduced their Q2 2018 EPS estimates for shares of Twenty-First Century Fox in a research note issued on Wednesday. KeyCorp analyst A. Hargreaves now expects that the company will earn $0.35 per share for the quarter, down from their prior estimate of $0.50. KeyCorp has a “Buy” rating and a $35.00 price objective on the stock.

A number of other equities analysts also recently commented on the company. B. Riley upgraded Twenty-First Century Fox from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $38.00 to $46.00 in a report on Tuesday, January 16th. Pivotal Research downgraded Twenty-First Century Fox from a “buy” rating to a “hold” rating and increased their price objective for the stock from $37.00 to $38.00 in a report on Tuesday, January 9th. Wells Fargo & Co upgraded Twenty-First Century Fox to a “market weight” rating in a report on Thursday, January 4th. Royal Bank of Canada increased their price objective on Twenty-First Century Fox to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, January 3rd. They noted that the move was a valuation call. Finally, Cowen restated 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 equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. Twenty-First Century Fox presently has a consensus rating of “Buy” and a consensus target price of $36.36.

Twenty-First Century Fox (NASDAQ FOXA) opened at $36.65 on Monday. The firm has a market capitalization of $67,895.16, a PE ratio of 22.76, a PEG ratio of 1.91 and a beta of 1.34. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $37.13. 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 (NASDAQ:FOXA) last issued its earnings results on Wednesday, November 8th. The company reported $0.49 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.01. The company had revenue of $7 billion for the quarter, compared to the consensus estimate of $6.80 billion. Twenty-First Century Fox had a return on equity of 21.41% and a net margin of 10.30%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS.

A number of hedge funds have recently made changes to their positions in the business. State of Alaska Department of Revenue boosted its position in shares of Twenty-First Century Fox by 372.0% in the fourth quarter. State of Alaska Department of Revenue now owns 106,373 shares of the company’s stock valued at $3,671,000 after acquiring an additional 83,838 shares during the period. Heritage Way Advisors LLC boosted its position in shares of Twenty-First Century Fox by 101.2% in the fourth quarter. Heritage Way Advisors LLC now owns 138,400 shares of the company’s stock valued at $4,779,000 after acquiring an additional 69,625 shares during the period. Oakbrook Investments LLC bought a new stake in shares of Twenty-First Century Fox in the fourth quarter valued at approximately $1,892,000. Fox Run Management L.L.C. bought a new stake in shares of Twenty-First Century Fox in the fourth quarter valued at approximately $739,000. Finally, Moody National Bank Trust Division bought a new stake in shares of Twenty-First Century Fox in the fourth quarter valued at approximately $234,000. Institutional investors own 54.40% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was originally reported by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are reading this article on another publication, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The correct version of this article can be accessed at https://theolympiareport.com/2018/01/22/keycorp-weighs-in-on-twenty-first-century-fox-incs-q2-2018-earnings-foxa.html.

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.

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

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