Seaport Res Ptn Predicts FOX’s FY2025 Earnings (NASDAQ:FOX)

Fox Corporation (NASDAQ:FOX) – Research analysts at Seaport Res Ptn reduced their FY2025 earnings per share estimates for shares of FOX in a report released on Tuesday, June 24th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $4.62 per share for the year, down from their previous forecast 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 Stock Up 0.3%

Shares of FOX stock opened at $52.35 on Thursday. FOX has a one year low of $31.55 and a one year high of $55.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.45 and a quick ratio of 2.33. The stock’s 50-day moving average is $49.20 and its 200 day moving average is $48.71. The firm has a market cap of $23.54 billion, a price-to-earnings ratio of 13.02, a PEG ratio of 1.14 and a beta of 0.56.

FOX (NASDAQ:FOX) last announced 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 company had revenue of $4.37 billion for the quarter, compared to analyst estimates of $4.19 billion.

Insider Activity at FOX

In related news, CFO Steven Tomsic sold 39,642 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $55.30, for a total transaction of $2,192,202.60. Following the transaction, the chief financial officer now directly owns 133,923 shares of the company’s stock, valued at approximately $7,405,941.90. This represents a 22.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 23.06% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Principal Securities Inc. raised its stake in shares of FOX by 51.5% in the fourth quarter. Principal Securities Inc. now owns 1,065 shares of the company’s stock worth $49,000 after purchasing an additional 362 shares during the last quarter. Principal Financial Group Inc. raised its stake in shares of FOX by 7.6% in the fourth quarter. Principal Financial Group Inc. now owns 182,205 shares of the company’s stock worth $8,334,000 after purchasing an additional 12,864 shares during the last quarter. Ieq Capital LLC purchased a new stake in shares of FOX in the fourth quarter worth approximately $211,000. Handelsbanken Fonder AB purchased a new stake in shares of FOX in the fourth quarter worth approximately $1,070,000. Finally, Fjarde AP Fonden Fourth Swedish National Pension Fund raised its stake in shares of FOX by 43.8% in the fourth quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 77,186 shares of the company’s stock worth $3,530,000 after purchasing an additional 23,500 shares during the last quarter. 26.41% of the stock is owned by institutional investors and hedge funds.

About FOX

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.