Fox Corporation [FOX] stock is trading at $27.58, up 1.77%. An important factor to consider is whether the stock is rising or falling in short-term value. The FOX shares have gain 1.81% over the last week, with a monthly amount drifted -0.18%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 19, March 2024, FOX News Digital Surpasses CNN With Total Digital Multiplatform Unique Visitors for First Time Ever. In a post published today on Yahoo Finance, FOX News Digital Continues to Lead News Brands with Multiplatform Views and Minutes.
From an analyst’s perspective:
Fox Corporation [FOX] stock has fluctuated between $25.82 and $33.24 over the past year. Currently, Wall Street analysts expect the stock to reach $39.33 within the next 12 months. Fox Corporation [NASDAQ: FOX] shares were valued at $27.58 at the most recent close of the market. An investor can expect a potential return of 42.6% based on the average FOX price forecast.
Analyzing the FOX fundamentals
Fox Corporation [NASDAQ:FOX] reported sales of 14.56B for the trailing twelve months, which represents a drop of -8.06%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.92.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.09 points at the first support level, and at 26.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.89, and for the 2nd resistance point, it is at 28.21.
Ratios To Look Out For
For context, Fox Corporation’s Current Ratio is 2.29. On the other hand, the Quick Ratio is 2.01, and the Cash Ratio is 1.11. Considering the valuation of this stock, the price to sales ratio is 0.90, the price to book ratio is 1.28 and price to earnings (TTM) ratio is 16.34.
Transactions by insiders
Recent insider trading involved MURDOCH KEITH RUPERT, Chairman Emeritus, that happened on Nov 29 ’23 when 0.19 million shares were sold. Chair, MURDOCH KEITH RUPERT completed a deal on Sep 15 ’23 to sell 100000.0 shares. Meanwhile, Chief Legal and Policy Officer DINH VIET D sold 0.23 million shares on Aug 17 ’23.
