Brokerages Set Fox Corporation (NASDAQ:FOX) Price Target at $82.50

Fox Corporation (NASDAQ:FOX) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $82.50.

Several brokerages have commented on FOX. Fox Advisors set a $97.00 price target on shares of FOX in a research note on Tuesday, October 28th. Zacks Research cut FOX from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Guggenheim reiterated a “buy” rating and set a $85.00 price target on shares of FOX in a research report on Monday, December 22nd. Wells Fargo & Company cut FOX from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Cfra restated a “buy” rating and set a $73.00 price objective on shares of FOX in a research note on Monday, November 3rd.

FOX Price Performance

Shares of NASDAQ FOX opened at $51.56 on Tuesday. The company has a debt-to-equity ratio of 0.60, a current ratio of 2.78 and a quick ratio of 2.44. The firm has a market capitalization of $22.89 billion, a PE ratio of 12.39, a P/E/G ratio of 7.00 and a beta of 0.56. FOX has a 1-year low of $43.18 and a 1-year high of $68.18. The business’s fifty day moving average price is $63.56 and its two-hundred day moving average price is $58.00.

FOX (NASDAQ:FOX) last released its quarterly earnings results on Wednesday, February 4th. The company reported $0.82 EPS for the quarter, topping the consensus estimate of $0.51 by $0.31. FOX had a net margin of 11.41% and a return on equity of 18.14%. The business had revenue of $5.18 billion during the quarter, compared to analyst estimates of $5.06 billion. On average, research analysts expect that FOX will post 4.25 EPS for the current year.

FOX Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th will be paid a dividend of $0.28 per share. The ex-dividend date is Wednesday, March 4th. FOX’s dividend payout ratio (DPR) is currently 13.46%.

Insider Buying and Selling

In other news, Chairman Keith Rupert Murdoch sold 100,000 shares of FOX stock in a transaction on Friday, November 21st. The stock was sold at an average price of $59.26, for a total transaction of $5,926,000.00. Following the transaction, the chairman directly owned 1,100,862 shares in the company, valued at approximately $65,237,082.12. This trade represents a 8.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Adam G. Ciongoli sold 29,897 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $69.55, for a total value of $2,079,336.35. Following the completion of the sale, the insider owned 35,978 shares of the company’s stock, valued at approximately $2,502,269.90. This trade represents a 45.38% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 23.06% of the company’s stock.

Hedge Funds Weigh In On FOX

Several hedge funds have recently made changes to their positions in the business. Root Financial Partners LLC acquired a new stake in FOX during the third quarter valued at approximately $26,000. Quent Capital LLC acquired a new stake in shares of FOX during the 3rd quarter valued at $32,000. Brown Brothers Harriman & Co. boosted its stake in shares of FOX by 336.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 616 shares of the company’s stock worth $35,000 after acquiring an additional 475 shares in the last quarter. First Horizon Corp acquired a new position in shares of FOX in the 3rd quarter worth $74,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of FOX during the third quarter worth $74,000. Institutional investors and hedge funds own 26.41% of the company’s stock.

Key FOX News

Here are the key news stories impacting FOX this week:

• Positive Sentiment: Multiple Fox pieces providing new developments in the Nancy Guthrie disappearance — FBI details, doubled reward and investigatory leads — are likely boosting pageviews and video streams on Fox properties. FBI shares new details on masked Guthrie suspect, doubles reward for information
• Positive Sentiment: Investigative reporting citing Walmart sales records as critical evidence gives Fox a high-interest, local-to-national investigative narrative that can prolong audience attention. Walmart sales records become critical evidence as FBI investigates Nancy Guthrie’s disappearance
• Positive Sentiment: Video content and live reporting — drone footage at the property, Trump commenting on the case, and other short-form clips — increase time-on-site and ad inventory value for Fox’s digital/video platforms. Fox Flight team drone captures new activity at Nancy Guthrie’s property
• Neutral Sentiment: Broader political and national-security content (redistricting battlegrounds, troop movements, and Gen. Keane’s commentary) supports steady audience interest but is less directly tied to a single spike in engagement. This crucial state is the latest battleground in redistricting war between Trump and Democrats
• Neutral Sentiment: Feature and lifestyle stories (brain-training research, Hollywood stars avoiding political commentary, health warnings) diversify content mix but are unlikely to move the stock materially on their own. Brain training sessions found to reduce dementia risk in decades-long study
• Negative Sentiment: Reports of a “significant increase” in short interest surfaced in the feed — if real, rising short interest is a bearish signal; however the published figures appear inconsistent, which raises uncertainty. Investors should treat these short-interest notes cautiously and watch for confirmed data from exchanges.

About FOX

Fox Corporation (NASDAQ:FOX) is a U.S.-based media company that operates television broadcast, news and sports businesses. The company traces its contemporary structure to the 2019 reorganization that followed the sale of certain entertainment assets to The Walt Disney Company; Fox Corporation retained a portfolio centered on the Fox Broadcasting Company, Fox Television Stations, Fox News Media and Fox Sports. Over time the company has expanded its digital footprint through acquisitions and direct-to-consumer services, building a mix of linear and streaming distribution.

FOX’s core activities include the creation, aggregation and distribution of television programming and live sports, the operation of national cable news and business networks, and the ownership and operation of local broadcast stations.