Financial Analysis: Fox Corporation (FOXA)’s Ratios Unveil Key Insights

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As of close of business last night, Fox Corporation’s stock clocked out at $32.96, down -1.05% from its previous closing price of $33.31. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 2.42 million shares were traded. FOXA stock price reached its highest trading level at $33.46 during the session, while it also had its lowest trading level at $32.925.

Ratios:

To gain a deeper understanding of FOXA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.23. For the most recent quarter (mrq), Quick Ratio is recorded 2.94 and its Current Ratio is at 3.24. In the meantime, Its Debt-to-Equity ratio is 0.77 whereas as Long-Term Debt/Eq ratio is at 0.76.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on May 09, 2024, Upgraded its rating to Buy and sets its target price to $40 from $34 previously.

On April 05, 2024, Seaport Research Partners Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $37.

Citigroup Upgraded its Neutral to Buy on February 23, 2024, whereas the target price for the stock was revised from $34 to $35.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 29 ’23 when MURDOCH KEITH RUPERT sold 194,691 shares for $29.57 per share. The transaction valued at 5,757,013 led to the insider holds 0 shares of the business.

MURDOCH KEITH RUPERT sold 100,000 shares of FOXA for $3,190,000 on Sep 15 ’23. The Chair now owns 128,964 shares after completing the transaction at $31.90 per share. On Aug 17 ’23, another insider, DINH VIET D, who serves as the Chief Legal and Policy Officer of the company, sold 231,865 shares for $33.40 each. As a result, the insider received 7,744,098 and left with 56,161 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FOXA now has a Market Capitalization of 14829857792 and an Enterprise Value of 20102459392. As of this moment, Fox’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.32, and their Forward P/E ratio for the next fiscal year is 8.72. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.11 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 1.444 whereas that against EBITDA is 7.149.

Stock Price History:

The Beta on a monthly basis for FOXA is 0.77, which has changed by 0.060148 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. Over the past 52 weeks, FOXA has reached a high of $35.40, while it has fallen to a 52-week low of $28.28. The 50-Day Moving Average of the stock is 6.56%, while the 200-Day Moving Average is calculated to be 6.33%.

Shares Statistics:

It appears that FOXA traded 3.20M shares on average per day over the past three months and 3074560 shares per day over the past ten days. A total of 262.90M shares are outstanding, with a floating share count of 229.30M. Insiders hold about 50.87% of the company’s shares, while institutions hold 56.11% stake in the company. Shares short for FOXA as of 1714435200 were 23656807 with a Short Ratio of 7.40, compared to 1711584000 on 18930537. Therefore, it implies a Short% of Shares Outstanding of 23656807 and a Short% of Float of 15.120000000000001.

Dividends & Splits

With its trailing 12-month dividend rate of 0.52, FOXA has a forward annual dividend rate of 0.52. Against a Trailing Annual Dividend Yield of 0.015610927The stock’s 5-year Average Dividend Yield is 1.42.

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