Twenty-First Century Fox (NASDAQ:FOXA) had its price objective increased by analysts at BMO Capital Markets from $35.00 to $37.00 in a research note issued on Monday. The brokerage currently has a “market perform” rating on the stock. BMO Capital Markets’ price target would indicate a potential upside of 3.55% from the company’s previous close.

A number of other equities analysts also recently issued reports on the company. B. Riley increased their price objective on Twenty-First Century Fox from $29.00 to $36.00 and gave the stock a “neutral” rating in a report on Friday, November 17th. Cowen reiterated a “hold” rating and issued a $37.00 price objective on shares of Twenty-First Century Fox in a report on Friday, December 22nd. 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. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price objective on shares of Twenty-First Century Fox in a report on Monday, December 4th. Finally, Loop Capital downgraded Twenty-First Century Fox from a “hold” rating to a “sell” rating and set a $31.00 price objective for the company. in a report on Thursday, December 21st. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and thirteen have issued a buy rating to the company. Twenty-First Century Fox has a consensus rating of “Buy” and a consensus price target of $37.73.

Twenty-First Century Fox (FOXA) opened at $35.73 on Monday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.77 and a current ratio of 2.16. The company has a market capitalization of $66,190.82, a P/E ratio of 16.70, a P/E/G ratio of 1.85 and a beta of 1.32. Twenty-First Century Fox has a twelve month low of $24.81 and a twelve month high of $39.13.

Twenty-First Century Fox (NASDAQ:FOXA) last announced its earnings results on Wednesday, February 7th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.38 by $0.04. The company had revenue of $8.04 billion during the quarter, compared to the consensus estimate of $7.94 billion. Twenty-First Century Fox had a return on equity of 19.01% and a net margin of 13.49%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.53 earnings per share. research analysts expect that Twenty-First Century Fox will post 2.03 EPS for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FOXA. Cerebellum GP LLC purchased a new stake in shares of Twenty-First Century Fox during the fourth quarter valued at $106,000. Mint Tower Capital Management B.V. purchased a new stake in shares of Twenty-First Century Fox during the third quarter valued at $110,000. Rockefeller Financial Services Inc. purchased a new stake in shares of Twenty-First Century Fox during the third quarter valued at $113,000. Zions Bancorporation boosted its position in Twenty-First Century Fox by 86.4% in the third quarter. Zions Bancorporation now owns 4,911 shares of the company’s stock worth $130,000 after purchasing an additional 2,276 shares during the last quarter. Finally, Tiedemann Wealth Management LLC purchased a new position in Twenty-First Century Fox in the third quarter worth about $148,000. 53.52% of the stock is currently owned by hedge funds and other institutional investors.

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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.

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

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