After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Fox Corporation (FOX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.30, or -0.98%, to $30.33. The Fox Corporation has recorded 8,062 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that FOX News Channel to Debut Benjamin Hall Documentary “Sacrifice and Survival: A Story From the Front Line” on March 19th at 9 PM/ET.
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Stocks Info
As a NASDAQ listed company, FOX falls under the Communication Services sector while operating within the Entertainment industry segment. At the end of the last regular session, the stock closed at $30.63 and fluctuated between $32.03 as its day high and $30.61 as its day low. The current market capitalization of Fox Corporation is $17.22B. A total of 0.83 million shares were traded on the day, compared to an average of 1.22M shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, FOX has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 0 BUYs and 0 SELLs from insiders. Insiders purchased 0 shares during that period but sold 0.
In the most recent transaction, DINH VIET D sold 72,207 shares of FOX for 35.91 per share on Feb 09. After the transaction, the Chief Legal and Policy Officer now owns 49,384 company shares. In a previous transaction on Aug 15, MURDOCH LACHLAN K bought 126,773 shares at 36.50 per share. FOX shares that Executive Chair, CEO owns now total 815,335.
Among the insiders who sold shares, MURDOCH LACHLAN K disposed of 126,773 shares on Aug 15 at a per-share price of $36.50. This resulted in the Executive Chair, CEO holding 152 shares of FOX after the transaction.
Dividend
Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Fox Corporation pays an annual dividend of $0.50, resulting in a dividend yield of 1.63%, and it has a price to earnings (P/E) ratio of 11.30. FOX’s most recent ex-dividend date was 2/28/2023 when it declared a $0.25 quarterly dividend that was paid in cash on 3/29/2023. Previously, the company paid the dividend on 9/28/2022 with an ex-dividend date of 8/30/2022. The FOX stock dividend was $0.25 per share in cash.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for FOX in the last 3 months, the mean price target is $38.30 with high estimates of $45.00 and low estimates of $29.00. In terms of 52-week highs and lows, FOX has a high of $38.92 and a low of $26.35.
As of this writing, FOX has an earnings estimate of $0.49 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.49 per share and a lower estimate of $0.49. The company reported an EPS of $0.49 in the last quarter, which was 2.10% higher than expectations of $0.48.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 24 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for FOX is Sell with a score of 5.00. A total of 11 analysts rated the stock as Buy while 2 rated it as Overweight while 9 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 2 thought it should be Sold.