Fox Corporation (FOXA)
49.07 USD +2.01 (+4.27%) Volume: 6.16M
Fox Corporation’s stock price soared to $49.07, marking a significant trading session increase of +4.27%, with a substantial trading volume of 6.16M. Impressive YTD performance shows a percentage change of +65.30%, highlighting FOXA’s robust market presence and strong investor confidence.
Latest developments on Fox Corporation
Today, Fox stock price movements were influenced by a variety of key events. The company began filming new driver-themed IndyCar commercials and saw a surge in viewership on YouTube, while also engaging in discussions with LIV Golf for a potential broadcast deal in 2025. Additionally, Trump passed over RFK Jr.’s daughter-in-law for the CIA’s No. 2 job, and a Houston shooting left two injured. Despite these events, government agencies concluded that drone sightings posed no threat, and the Christmas travel forecast predicted rain and snow impacting millions across the US. These diverse events contributed to the fluctuations in Fox stock prices today.
Fox Corporation on Smartkarma
Analysts at Baptista Research have been bullish on Fox Corporation, citing the company’s strong financial performance in its fiscal quarters. In a recent report titled “Inside Fox Corporation’s Secret to Audience Loyalty & Revenue Success Across TV & Cable! – Major Drivers,” they highlighted a notable 11% increase in total revenue to $3.56 billion and a 21% rise in EBITDA to $1.05 billion. The growth was attributed to robust advertising revenue and a strategic focus on content and ratings momentum, particularly in the news and sports divisions.
Another report by Baptista Research, titled “Fox Corporation: Leveraging Sports Broadcasting Rights Propelling Near Term Growth! – Major Drivers,” commended Fox Corporation for its financial stability and operational successes in fiscal year 2024. Despite the absence of high-profile events like the Super Bowl or the FIFA Men’s World Cup, the company reported a revenue of nearly $14 billion and an EBITDA of $2.88 billion. Analysts highlighted the company’s adaptability and growth in segments such as Tubi, Fox News, and Fox Sports as key drivers of its success.
A look at Fox Corporation Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Fox Corporation has a positive long-term outlook. With high scores in value, growth, and momentum, the company is positioned well for future success. Their strong value score indicates that they are considered to be undervalued in the market, presenting a potential opportunity for investors. Additionally, Fox’s growth and momentum scores suggest that the company is experiencing positive growth trends and has strong market momentum.
Although Fox Corporation’s scores for dividend and resilience are slightly lower, the overall outlook remains favorable. As an entertainment company that produces and licenses news, sports, and entertainment content, Fox has a diverse revenue stream that can help support its long-term success. With a solid foundation in production facilities and distribution channels, Fox is well-positioned to continue thriving in the competitive entertainment industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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