1211 Avenue of the Americas, New York, New York, US. | Sector: Information | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.foxcorporation.com/
According to the market data, Fox Corporation (FOXA) stock price is $38.12 and the 52 weeks low is $23.25, which means the Fox Corporation stock price is up 58.03% in the last 12 months.
Fox Corporation (FOXA) Stock Price has been Trending Strongly with an ADX reading of 38.57 as per the Weekly Chart.
A Upward trend indicates that Fox Corporation (FOXA) 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 FOXA Stock price might rise further, 20.00% indicating that FOXA Stock price might fall, and 53.33% are in a neutral position.
Based on these technical algorithms, overall FOXA 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.
Out of 32 Institutional Analysts, majority recommended FOXA 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.
High | Low | Average |
---|---|---|
$56.70 | $25.25 | $38.62 |
The average price target for FOXA by Institutional Analysts is $38.62, which is 1.31% Upside from the current price. So according to the Institutional Analysts, FOXA Stock might be a bit undervalued at this stage and there’s potential for upside.
However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.
According to the news articles published last week, most journalists and bloggers talked positively about FOXA, it shows that Fox Corporation had a 100.00% positive news coverage.
Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that FOXA stock price may surge in the next few weeks.
Analyst | Recommendation | Action |
---|---|---|
Credit Suisse | Outperform | Maintained |
Wells Fargo | Equal-Weight | Upgraded |
Rosenblatt | Sell | Maintained |
Morgan Stanley | Overweight | Maintained |
Macquarie | Neutral | Maintained |
KeyBanc | Sector Weight | Initiated |
BMO Capital | Market Perform | Maintained |
Morgan Stanley | Overweight | Maintained |
Deutsche Bank | Buy | Maintained |
Morgan Stanley | Overweight | Maintained |
Rosenblatt | Sell | Maintained |
BMO Capital | Market Perform | Maintained |
Credit Suisse | Outperform | Maintained |
Goldman Sachs | Sell | Initiated |
Macquarie | Neutral | Upgraded |
Citigroup | Neutral | Maintained |
Rosenblatt | Sell | Reiterated |
Deutsche Bank | Buy | Maintained |
Wells Fargo | Underweight | Maintained |
Morgan Stanley | Overweight | Maintained |
CFRA | Buy | Maintained |
BMO Capital | Market Perform | Maintained |
Morgan Stanley | Overweight | Maintained |
RBC Capital | Outperform | Initiated |
Evercore ISI Group | In-Line | Downgraded |
UBS | Neutral | Maintained |
Citigroup | Neutral | Maintained |
Societe Generale | Hold | Upgraded |
Wells Fargo | Underweight | Maintained |
Guggenheim Securities | Buy | Upgraded |
Guggenheim | Buy | Upgraded |
Credit Suisse | Outperform | Maintained |
Atlantic Equities | Neutral | Upgraded |
Morgan Stanley | Overweight | Maintained |
JP Morgan | Overweight | Maintained |
CFRA | Buy | Maintained |
Barclays | Equal-Weight | Maintained |
Morgan Stanley | Overweight | Maintained |
UBS | Neutral | Maintained |
Wells Fargo | Underperform | Maintained |
Wells Fargo | Underperform | Initiated |
Citigroup | Neutral | Maintained |
Atlantic Equities | Underweight | Downgraded |
Macquarie | Underperform | Downgraded |
Guggenheim | Neutral | Downgraded |
Goldman Sachs | Buy | Initiated |
Citigroup | Neutral | Initiated |
UBS | Neutral | Maintained |
Loop Capital | Hold | Initiated |
JP Morgan | Overweight | Initiated |
Barclays | Equal-Weight | Initiated |
Credit Suisse | Outperform | Initiated |
Atlantic Equities | Overweight | Initiated |
Bank of America | Buy | Initiated |
Moffett Nathanson | Buy | Initiated |
Buckingham | Buy | Maintained |
Morgan Stanley | Overweight | Maintained |
Macquarie | Neutral | Maintained |
RBC Capital | Sector Perform | Downgraded |
Buckingham | Buy | Maintained |
UBS | Neutral | Downgraded |
Credit Suisse | Outperform | Initiated |
Buckingham | Buy | Initiated |
B. Riley FBR | Buy | Maintained |
Loop Capital | Buy | Initiated |
BMO Capital | Market Perform | Maintained |
B. Riley FBR | Buy | Upgraded |
Pivotal Research | Hold | Downgraded |
Loop Capital | Sell | Downgraded |
BMO Capital | Market Perform | Downgraded |
KeyBanc | Sector Weight | Downgraded |
PiperJaffray | Overweight | Initiated |
OTR Global | Mixed | Downgraded |
Rosenblatt | Buy | Upgraded |
Rosenblatt | Neutral | Initiated |
Moffett Nathanson | Buy | Upgraded |
Wells Fargo | Outperform | Upgraded |
Brean Capital | Buy | Upgraded |
Telsey Advisory Group | Market Perform | Downgraded |
Jefferies | Buy | Maintained |
Bernstein | Market Perform | Downgraded |
Citigroup | Buy | Maintained |
Barclays | Equal-Weight | Downgraded |
Deutsche Bank | Buy | Maintained |
Credit Suisse | Outperform | Maintained |
Jefferies | Buy | Maintained |
UBS | Buy | Maintained |
Credit Suisse | Outperform | Maintained |
Brean Capital | Hold | Initiated |
Pacific Crest | Overweight | Maintained |
Goldman Sachs | Buy | Maintained |
RBC Capital | Outperform | Initiated |
BTIG Research | Neutral | Downgraded |
Barclays | Overweight | Maintained |
Deutsche Bank | Buy | Maintained |
UBS | Buy | Maintained |
Stifel Nicolaus | Buy | Maintained |
Morgan Stanley | Overweight | Maintained |
Cowen & Co. | Market Perform | Maintained |
Telsey Advisory Group | Outperform | Initiated |
Credit Suisse | Outperform | Maintained |
Credit Suisse | Outperform | Maintained |
Pacific Crest | Overweight | Maintained |
Macquarie | Neutral | Maintained |
Pacific Crest | Overweight | Initiated |
Needham | Hold | Downgraded |
Wells Fargo | Market Perform | Downgraded |
Citigroup | Buy | Maintained |
Barclays | Overweight | Maintained |
Macquarie | Neutral | Downgraded |
Topeka | Hold | Downgraded |
Credit Suisse | Outperform | Initiated |
CLSA | Outperform | Initiated |
Deutsche Bank | Buy | Initiated |
UBS | Buy | Maintained |
Stifel Nicolaus | Buy | Maintained |
FBR Capital | Market Perform | Downgraded |
Societe Generale | Initiated | |
Stifel Nicolaus | Buy | Initiated |
Topeka | Buy | Initiated |
UBS | Buy | Initiated |
Sterne Agee | Buy | Maintained |
FBR Capital | Outperform | Maintained |
Citigroup | Buy | Maintained |
Cowen & Co. | Market Perform | Upgraded |
Cowen & Co. | Market Perform | Downgraded |
ISI Group | Buy | Downgraded |
Barclays | Overweight | Initiated |
Nomura | Buy | Maintained |
Hudson Square | Hold | Initiated |
Nomura | Buy | Maintained |
FBR Capital | Outperform | Maintained |
Citigroup | Buy | Maintained |
Nomura | Buy | Maintained |
BMO Capital | Outperform | Upgraded |
Nomura | Buy | Initiated |
Ascendiant Capital | Buy | Initiated |
FBR Capital | Outperform | Initiated |
BTIG Research | Buy | Upgraded |
JP Morgan | Overweight | Initiated |
ISI Group | Strong Buy | Initiated |
Deutsche Bank | Buy | Maintained |
Bernstein | Outperform | Initiated |
Barclays | Equal-Weight | Downgraded |
Sterne Agee | Buy | Initiated |
Needham | Buy | Initiated |
Bank of America | Buy | Initiated |
Morgan Stanley | Overweight | Initiated |
Wedbush | Outperform | Initiated |
Deutsche Bank | Buy | Initiated |
Bank of America | Buy | Initiated |
Actual | Estimate | Date |
---|---|---|
$1.18 | $0.7511178 | 2020-09-30 |
The latest average Earning Per Share Estimate for Fox Corporation is $0.61, which is lower than FOXA'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.
Actual | Estimate | Date |
---|---|---|
$1.18 | $0.7511178 | 2020-09-30 |
$0.62 | $0.5776260000000001 | 2020-06-30 |
$0.93 | $0.7165092 | 2020-03-31 |
$0.1 | $-0.02397 | 2019-12-31 |
$0.83 | $0.7056972 | 2019-09-30 |
$0.62 | $0.600423 | 2019-06-30 |
$0.76 | $0.6809622000000001 | 2019-03-31 |
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.
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.
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.
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?).