Fox Corporation (FOX) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for Fox Corporation (NASDAQ: FOX) is above average at 10.81x, Company’s 36-month beta value is 0.83.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

The public float for FOX is 132.11M, and currently, short sellers hold a 2.50% ratio of that floaft. The average trading volume of FOX on November 15, 2024 was 880.31K shares.

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FOX) stock’s latest price update

The stock price of Fox Corporation (NASDAQ: FOX) has surged by 1.76 when compared to previous closing price of 43.46, but the company has seen a 6.37% gain in its stock price over the last five trading sessions. deadline.com reported 2024-11-14 that Disney’s 2019 acquisition of most 20th Century Fox assets in a deal worth north of $71 billion enriched the Murdoch family but also swelled Disney’s debt and continues to have a mixed response from Wall Street.

FOX’s Market Performance

FOX’s stock has risen by 6.37% in the past week, with a monthly rise of 14.12% and a quarterly rise of 20.29%. The volatility ratio for the week is 2.02% while the volatility levels for the last 30 days are 1.85% for Fox Corporation The simple moving average for the last 20 days is 9.80% for FOX stock, with a simple moving average of 33.66% for the last 200 days.

FOX Trading at 13.70% from the 50-Day Moving Average

After a stumble in the market that brought FOX to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.25% of gains for the given period.

Volatility was left at 1.85%, however, over the last 30 days, the volatility rate increased by 2.02%, as shares surge +13.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +18.33% upper at present.

During the last 5 trading sessions, FOX rose by +6.37%, which changed the moving average for the period of 200-days by +47.35% in comparison to the 20-day moving average, which settled at $40.27. In addition, Fox Corporation saw 59.93% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FOX starting from MURDOCH KEITH RUPERT, who sale 100,000 shares at the price of $42.05 back on Nov 06 ’24. After this action, MURDOCH KEITH RUPERT now owns 1,258,862 shares of Fox Corporation, valued at $4,205,000 using the latest closing price.

Keith Rupert Murdoch, the Chairman Emeritus of Fox Corporation, proposed sale 100,000 shares at $40.66 during a trade that took place back on Nov 06 ’24, which means that Keith Rupert Murdoch is holding shares at $4,066,000 based on the most recent closing price.

Stock Fundamentals for FOX

Current profitability levels for the company are sitting at:

  • 0.12 for the present operating margin
  • 0.33 for the gross margin

The net margin for Fox Corporation stands at 0.13. The total capital return value is set at 0.09. Equity return is now at value 17.74, with 8.69 for asset returns.

Based on Fox Corporation (FOX), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.27. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 6.7.

Currently, EBITDA for the company is 2.9 billion with net debt to EBITDA at 0.93. When we switch over and look at the enterprise to sales, we see a ratio of 1.68. The receivables turnover for the company is 5.34for trailing twelve months and the total asset turnover is 0.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.59.

Conclusion

In a nutshell, Fox Corporation (FOX) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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