Fox Corporation (FOX) Stock Forecast & Predictions

Fox Corporation - Class B FOX: $37.37

1211 Avenue of the Americas, New York, New York, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.foxcorporation.com/

  • Market Cap$22.48B
  • Change (52 Weeks)54.08%
  • Low (52 Weeks)$23.03
  • Fox Corporation (FOX) Forecast Based on Technical Analysis


    Neutral
    Based on 15 Technical Indicators where 26.67% are on Buy, 20.00% on Sell, and 53.33% Neutral.

    According to the market data, Fox Corporation (FOX) stock price is $37.37 and the 52 weeks low is $23.03, which means the Fox Corporation stock price is up 54.08% in the last 12 months.

    Fox Corporation (FOX) Stock Price has been Trending Strongly with an ADX reading of 35.78 as per the Weekly Chart.

    A Upward trend indicates that Fox Corporation (FOX) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 15 technical indicators, 26.67% are indicating that FOX Stock price might rise further, 20.00% indicating that FOX Stock price might fall, and 53.33% are in a neutral position.

    Based on these technical algorithms, overall FOX stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Fox Corporation (FOX) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Fox Corporation (FOX) is based on 32 Institutional Analyst Ratings where 37.50% are on Strong Buy, 15.63% on Moderate Buy, 37.50% remains on Hold, 0.00% are on Moderate Sell and 9.38% are on Strong Sell.

    Out of 32 Institutional Analysts, majority recommended FOX stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Fox Corporation.

    Fox Corporation (FOX) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 388,226 investor portfolio.

    Our algorithm has analysed 388,226 investor portfolio with FOX stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about FOX and holding their positions hoping for a further rise in the stock price and more profit.

    Fox Corporation (FOX) Stock Forecast Based on News Sentiment


    Neutral
    Based on 6 articles published Last Week, where 50.00% are Bullish and 50.00% are Bearish.

    According to the news articles published last week, journalists and bloggers had a mixed sentiment of FOX consisting of positive and negative, it shows that Fox Corporation had a neutral news coverage.

    Neutral news coverage usually doesn't affect short-term price of a stock, so FOX stock price most likey won't have any reaction to last weeks news coverage.

    Fox Corporation (FOX) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Credit SuisseOutperformMaintained
    Wells FargoEqual-WeightUpgraded
    RosenblattSellMaintained
    Morgan StanleyOverweightMaintained
    MacquarieNeutralMaintained
    KeyBancSector WeightInitiated
    BMO CapitalMarket PerformMaintained
    Morgan StanleyOverweightMaintained
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightMaintained
    RosenblattSellMaintained
    BMO CapitalMarket PerformMaintained
    Credit SuisseOutperformMaintained
    Goldman SachsSellInitiated
    MacquarieNeutralUpgraded
    CitigroupNeutralMaintained
    RosenblattSellReiterated
    Deutsche BankBuyMaintained
    Wells FargoUnderweightMaintained
    Morgan StanleyOverweightMaintained
    CFRABuyMaintained
    BMO CapitalMarket PerformMaintained
    Morgan StanleyOverweightMaintained
    RBC CapitalOutperformInitiated
    Evercore ISI GroupIn-LineDowngraded
    UBSNeutralMaintained
    CitigroupNeutralMaintained
    Societe GeneraleHoldUpgraded
    Wells FargoUnderweightMaintained
    Guggenheim SecuritiesBuyUpgraded
    GuggenheimBuyUpgraded
    Credit SuisseOutperformMaintained
    Atlantic EquitiesNeutralUpgraded
    Morgan StanleyOverweightMaintained
    JP MorganOverweightMaintained
    CFRABuyMaintained
    BarclaysEqual-WeightMaintained
    Morgan StanleyOverweightMaintained
    UBSNeutralMaintained
    Wells FargoUnderperformMaintained
    Wells FargoUnderperformInitiated
    CitigroupNeutralMaintained
    Atlantic EquitiesUnderweightDowngraded
    MacquarieUnderperformDowngraded
    GuggenheimNeutralDowngraded
    Goldman SachsBuyInitiated
    CitigroupNeutralInitiated
    UBSNeutralMaintained
    Loop CapitalHoldInitiated
    JP MorganOverweightInitiated
    BarclaysEqual-WeightInitiated
    Credit SuisseOutperformInitiated
    Atlantic EquitiesOverweightInitiated
    Bank of AmericaBuyInitiated
    Moffett NathansonBuyInitiated
    BuckinghamBuyMaintained
    Morgan StanleyOverweightMaintained
    MacquarieNeutralMaintained
    RBC CapitalSector PerformDowngraded
    BuckinghamBuyMaintained
    UBSNeutralDowngraded
    Credit SuisseOutperformInitiated
    BuckinghamBuyInitiated
    B. Riley FBRBuyMaintained
    Loop CapitalBuyInitiated
    BMO CapitalMarket PerformMaintained
    B. Riley FBRBuyUpgraded
    Pivotal ResearchHoldDowngraded
    Loop CapitalSellDowngraded
    BMO CapitalMarket PerformDowngraded
    KeyBancSector WeightDowngraded
    PiperJaffrayOverweightInitiated
    OTR GlobalMixedDowngraded
    RosenblattBuyUpgraded
    RosenblattNeutralInitiated
    Moffett NathansonBuyUpgraded
    Wells FargoOutperformUpgraded
    Brean CapitalBuyUpgraded
    Telsey Advisory GroupMarket PerformDowngraded
    JefferiesBuyMaintained
    BernsteinMarket PerformDowngraded
    CitigroupBuyMaintained
    BarclaysEqual-WeightDowngraded
    Deutsche BankBuyMaintained
    Credit SuisseOutperformMaintained
    JefferiesBuyMaintained
    UBSBuyMaintained
    Credit SuisseOutperformMaintained
    Brean CapitalHoldInitiated
    Pacific CrestOverweightMaintained
    Goldman SachsBuyMaintained
    RBC CapitalOutperformInitiated
    BTIG ResearchNeutralDowngraded
    BarclaysOverweightMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    Morgan StanleyOverweightMaintained
    Cowen & Co.Market PerformMaintained
    Telsey Advisory GroupOutperformInitiated
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    Pacific CrestOverweightMaintained
    MacquarieNeutralMaintained
    Pacific CrestOverweightInitiated
    NeedhamHoldDowngraded
    Wells FargoMarket PerformDowngraded
    CitigroupBuyMaintained
    BarclaysOverweightMaintained
    MacquarieNeutralDowngraded
    TopekaHoldDowngraded
    Credit SuisseOutperformInitiated
    CLSAOutperformInitiated
    Deutsche BankBuyInitiated
    UBSBuyMaintained
    Stifel NicolausBuyMaintained
    FBR CapitalMarket PerformDowngraded
    Societe GeneraleInitiated
    Stifel NicolausBuyInitiated
    TopekaBuyInitiated
    UBSBuyInitiated
    Sterne AgeeBuyMaintained
    FBR CapitalOutperformMaintained
    CitigroupBuyMaintained
    Cowen & Co.Market PerformUpgraded
    Cowen & Co.Market PerformDowngraded
    ISI GroupBuyDowngraded
    BarclaysOverweightInitiated
    NomuraBuyMaintained
    Hudson SquareHoldInitiated
    NomuraBuyMaintained
    FBR CapitalOutperformMaintained
    CitigroupBuyMaintained
    NomuraBuyMaintained
    BMO CapitalOutperformUpgraded
    NomuraBuyInitiated
    Ascendiant CapitalBuyInitiated
    FBR CapitalOutperformInitiated
    BTIG ResearchBuyUpgraded
    JP MorganOverweightInitiated
    ISI GroupStrong BuyInitiated
    Deutsche BankBuyMaintained
    BernsteinOutperformInitiated
    BarclaysEqual-WeightDowngraded
    Sterne AgeeBuyInitiated
    NeedhamBuyInitiated
    Bank of AmericaBuyInitiated
    Morgan StanleyOverweightInitiated
    WedbushOutperformInitiated
    Deutsche BankBuyInitiated
    Bank of AmericaBuyInitiated

    Fox Corporation (FOX) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.612
    The average consensus EPS for FOX is $0.612 with a high estimate of $0.945 and Low of $0.421 for the period 2021-06-30 and based on 27 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.18$0.75111782020-09-30


    The latest average Earning Per Share Estimate for Fox Corporation is $0.61, which is lower than FOX's last EPS, $1.18. This means that Analysts are expecting Fox Corporation to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Fox Corporation.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $1.18$0.75111782020-09-30
    $0.62$0.57762600000000012020-06-30
    $0.93$0.71650922020-03-31
    $0.1$-0.023972019-12-31
    $0.83$0.70569722019-09-30
    $0.62$0.6004232019-06-30
    $0.76$0.68096220000000012019-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).