Seaport Res Ptn Has Bearish Estimate for FOX FY2025 Earnings

Fox Corporation (NASDAQ:FOXFree Report) – Stock analysts at Seaport Res Ptn lowered their FY2025 earnings per share (EPS) estimates for FOX in a report issued on Tuesday, June 24th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $4.62 per share for the year, down from their prior estimate of $4.64. The consensus estimate for FOX’s current full-year earnings is $4.25 per share. Seaport Res Ptn also issued estimates for FOX’s Q4 2025 earnings at $1.12 EPS.

FOX Trading Up 0.1%

NASDAQ:FOX opened at $51.38 on Thursday. FOX has a 1 year low of $31.55 and a 1 year high of $55.00. The business has a fifty day moving average of $48.89 and a 200-day moving average of $48.60. The company has a debt-to-equity ratio of 0.57, a quick ratio of 2.33 and a current ratio of 2.45. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 1.12 and a beta of 0.56.

FOX (NASDAQ:FOXGet Free Report) last posted its earnings results on Monday, May 12th. The company reported $1.10 EPS for the quarter, beating the consensus estimate of $0.96 by $0.14. FOX had a return on equity of 17.99% and a net margin of 11.58%. The firm had revenue of $4.37 billion for the quarter, compared to analysts’ expectations of $4.19 billion.

Insider Activity at FOX

In other news, CFO Steven Tomsic sold 5,607 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $55.37, for a total value of $310,459.59. Following the completion of the transaction, the chief financial officer now directly owns 133,923 shares in the company, valued at $7,415,316.51. This trade represents a 4.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 23.06% of the company’s stock.

Institutional Investors Weigh In On FOX

Institutional investors have recently added to or reduced their stakes in the company. Federated Hermes Inc. raised its stake in shares of FOX by 66.2% in the 1st quarter. Federated Hermes Inc. now owns 580 shares of the company’s stock worth $31,000 after buying an additional 231 shares in the last quarter. IFP Advisors Inc grew its holdings in FOX by 457.6% during the first quarter. IFP Advisors Inc now owns 697 shares of the company’s stock worth $37,000 after acquiring an additional 572 shares during the period. CIBC Private Wealth Group LLC raised its position in FOX by 135.6% in the fourth quarter. CIBC Private Wealth Group LLC now owns 907 shares of the company’s stock worth $42,000 after acquiring an additional 522 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in FOX by 183.0% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 801 shares of the company’s stock worth $42,000 after acquiring an additional 518 shares in the last quarter. Finally, Principal Securities Inc. lifted its holdings in FOX by 51.5% in the 4th quarter. Principal Securities Inc. now owns 1,065 shares of the company’s stock valued at $49,000 after acquiring an additional 362 shares during the last quarter. 26.41% of the stock is currently owned by institutional investors and hedge funds.

FOX Company Profile

(Get Free Report)

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through four segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment produces and licenses news and sports content for distribution through traditional cable television systems, direct broadcast satellite operators and telecommunication companies, virtual multi-channel video programming distributors, and other digital platforms primarily in the U.S.

Further Reading

Earnings History and Estimates for FOX (NASDAQ:FOX)

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