The profit came on total quarterly revenues of $7.68 billion, up 4% over the previous quarter. (NASDAQ:FOXA) Entertainment - Diversified is 31.4 with a change in price of -0.19%. Nine investment analysts have rated the stock with a hold rating and twenty-two have issued a buy rating to the stock. Waddell & Reed Financial Inc. acquired a new position in shares of Twenty-First Century Fox during the second quarter worth about $230,114,000.
Over the couple years FOXA has established a strong pattern of missing Street earnings views 8% of the time, according to historical earnings data, met predictions on 2 occasions and surpassed estimates 9 times over the last couple years. Last time the company reported, Twenty-First Century Fox, Inc.
In looking at where the stock is trading on a technical level, the stock is trading -2.84% away from its 50 day moving average of $11.65. FOXA is ahead its 52-week low with 40.39%and going down from its 52-week high price with -1.10%. Analysts had a consensus revenue estimate of $7.72 billion for the quarter. The average numbers of shares are traded in a security per day, during the recent 3-month period. BMO Capital Markets restated a "buy" rating and set a $31.00 target price on shares of Twenty-First Century Fox in a research note on Thursday, November 3rd.
US based company, Twenty-First Century Fox, Inc.'s (FOXA)'s latest closing price was 15.28% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 8.78% and 4.19% compared with the 20 Day Moving Average.
Twenty-First Century Fox, Inc.'s (FOXA), a part of Services sector and belongs to Entertainment - Diversified industry; ended its day with a loss of -0.51% and finalized at the price of $31.46.
Nonetheless, and in the immediate aftermath of reporting, investor reaction in Twenty-First Century Fox, Inc.
Fox's second-quarter profit rose to $856 million or $0.46 per share from $672 million or $0.34 per share a year ago. They fell 1.1 percent to $31.06 at the close in NY and have gained 24 percent in the past year, in line with the S&P 500 Media Index.
The Company has 1833.53 million shares outstanding and 1468.92 million shares were floated in market. NASDAQ:FOXA is valued at 1.63 with a P/S value of 2.07. Institutional investors and hedge funds own 53.59% of the company's stock. The Cable Network Programming segment produces and licenses news, business news, sports, general entertainment, factual entertainment and movie programming for distribution.
At 21st Century Fox's cable network programming segment, operating income rose 6% to $1.33 billion. For the period which closed on 2016-09-30, Twenty-First Century Fox, Inc.