Fox Corporation [FOX] stock is trading at $39.96, up 2.75%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FOX shares have gain 3.31% over the last week, with a monthly amount glided 3.68%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Fox Corporation [FOX] stock has fluctuated between $25.82 and $39.32 over the past year. Currently, Wall Street analysts expect the stock to reach $40.67 within the next 12 months. Fox Corporation [NASDAQ: FOX] shares were valued at $39.96 at the most recent close of the market. An investor can expect a potential return of 1.78% based on the average FOX price forecast.
Analyzing the FOX fundamentals
Fox Corporation [NASDAQ:FOX] reported sales of 14.34B for the trailing twelve months, which represents a growth of 11.13%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.18 and Total Capital is 0.08.
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 39.06 points at the first support level, and at 38.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 41.49, and for the 2nd resistance point, it is at 43.03.
Ratios To Look Out For
For context, Fox Corporation’s Current Ratio is 2.59. As well, the Quick Ratio is 2.33, while the Cash Ratio is 1.35. Considering the valuation of this stock, the price to sales ratio is 1.32, the price to book ratio is 1.72 and price to earnings (TTM) ratio is 12.75.
Transactions by insiders
Recent insider trading involved NALLEN JOHN, Chief Operating Officer, that happened on Aug 15 ’24 when 52874.0 shares were sold. Executive Chair, CEO, MURDOCH LACHLAN K completed a deal on Aug 15 ’24 to buy 0.12 million shares. Meanwhile, Executive Chair, CEO MURDOCH LACHLAN K sold 0.12 million shares on Aug 15 ’24.
