Fox Corporation (NASDAQ: FOX) has seen a decline in its stock price by -0.43 in relation to its previous close of 46.81. However, the company has experienced a 1.90% gain in its stock price over the last five trading sessions. zacks.com reported 2025-01-09 that Fox (FOXA) could produce exceptional returns because of its solid growth attributes.
Is It Worth Investing in Fox Corporation (NASDAQ: FOX) Right Now?
The price-to-earnings ratio for Fox Corporation (NASDAQ: FOX) is 11.39x, which is above its average ratio. Moreover, the 36-month beta value for FOX is 0.82. Analysts have varying 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 2.33% of that float. On January 10, 2025, FOX’s average trading volume was 1.05M shares.
FOX’s Market Performance
FOX’s stock has seen a 1.90% increase for the week, with a 4.41% rise in the past month and a 21.00% gain in the past quarter. The volatility ratio for the week is 1.76%, and the volatility levels for the past 30 days are at 1.92% for Fox Corporation The simple moving average for the last 20 days is 1.30% for FOX stock, with a simple moving average of 28.55% for the last 200 days.
FOX Trading at 6.08% 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 unable to rebound, for now settling with -2.49% of loss for the given period.
Volatility was left at 1.92%, however, over the last 30 days, the volatility rate increased by 1.76%, as shares surge +6.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.54% upper at present.
During the last 5 trading sessions, FOX rose by +1.90%, which changed the moving average for the period of 200-days by +70.61% in comparison to the 20-day moving average, which settled at $46.01. In addition, Fox Corporation saw 1.90% 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 771,024 shares at the price of $46.07 back on Nov 26 ’24. After this action, MURDOCH KEITH RUPERT now owns 0 shares of Fox Corporation, valued at $35,521,076 using the latest closing price.
MURDOCH KEITH RUPERT, the Chairman Emeritus of Fox Corporation, sale 186,871 shares at $46.22 during a trade that took place back on Nov 25 ’24, which means that MURDOCH KEITH RUPERT is holding 0 shares at $8,637,178 based on the most recent closing price.
Stock Fundamentals for FOX
Current profitability levels for the company are sitting at:
- 0.16 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 0.11. 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 0.28. The debt to equity ratio resting at 0.64. The interest coverage ratio of the stock is 5.35.
Currently, EBITDA for the company is 2.9 billion with net debt to EBITDA at 1.18. When we switch over and look at the enterprise to sales, we see a ratio of 1.81. 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
To wrap up, the performance of Fox Corporation (FOX) has been better in recent times. The stock has received a mixed of “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.
