Fox Corp Class B

Company Profile

Fox Corp Class B had its IPO on 2019-03-13 under the ticker symbol FOX.

The company operates in the Communication Services sector and Entertainment industry. Fox Corp Class B has a staff strength of 10,400 employees.

Stock update

Shares of Fox Corp Class B opened at $29.12 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $29.07 - $29.67, and closed at $29.58.

This is a +1.23% increase from the previous day's closing price.

A total volume of 710,258 shares were traded at the close of the day’s session.

In the last one week, shares of Fox Corp Class B have increased by +2.89%.

Fox Corp Class B's Key Ratios

Fox Corp Class B has a market cap of $14.93 billion, indicating a price to book ratio of 1.4023 and a price to sales ratio of 1.1453.

In the last 12-months Fox Corp Class B’s revenue was $14.91 billion with a gross profit of $5.22 billion and an EBITDA of $3.16 billion. The EBITDA ratio measures Fox Corp Class B's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fox Corp Class B’s operating margin was 18.31% while its return on assets stood at 7.75% with a return of equity of 11.28%.

In Q2, Fox Corp Class B’s quarterly earnings growth was a positive 36.9% while revenue growth was a positive 0%.

Fox Corp Class B’s PE and PEG Ratio

Forward PE

8.5911

Trailing PE

12.3291

PEG

2.0168

Its diluted EPS in the last 12-months stands at $2.37 per share while it has a forward price to earnings multiple of 8.5911 and a PEG multiple of 2.0168. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fox Corp Class B’s profitability.

Fox Corp Class B stock is trading at a EV to sales ratio of 1.3824 and a EV to EBITDA ratio of 8.353. Its price to sales ratio in the trailing 12-months stood at 1.1453.

Fox Corp Class B stock pays annual dividends of $0.5 per share, indicating a yield of 1.8% and a payout ratio of 14.53%.

Balance sheet and cash flow metrics

Total Assets

$21.87 billion

Total Liabilities

$3.76 billion

Operating Cash Flow

$-120000000.00

Capital Expenditure

$120 million

Dividend Payout Ratio

14.53%

Fox Corp Class B ended 2024 with $21.87 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $21.87 billion while shareholder equity stood at $10.38 billion.

Fox Corp Class B ended 2024 with $0 in deferred long-term liabilities, $3.76 billion in other current liabilities, 5000000.00 in common stock, $2.27 billion in retained earnings and $3.56 billion in goodwill. Its cash balance stood at $4.27 billion and cash and short-term investments were $4.27 billion. The company’s total short-term debt was $1,249,000,000 while long-term debt stood at $5.96 billion.

Fox Corp Class B’s total current assets stands at $7.26 billion while long-term investments were $1.03 billion and short-term investments were $0. Its net receivables were $2.18 billion compared to accounts payable of $-160000000.00 and inventory worth $543.00 million.

In 2024, Fox Corp Class B's operating cash flow was $-120000000.00 while its capital expenditure stood at $120 million.

Comparatively, Fox Corp Class B paid $0.15 in dividends in 2024.

Other key metrics

Current Trading Price

$29.58

52-Week High

$33.8662

52-Week Low

$25.9261

Analyst Target Price

$51.5

Fox Corp Class B stock is currently trading at $29.58 per share. It touched a 52-week high of $33.8662 and a 52-week low of $33.8662. Analysts tracking the stock have a 12-month average target price of $51.5.

Its 50-day moving average was $30.82 and 200-day moving average was $30.33 The short ratio stood at 2.29 indicating a short percent outstanding of 0%.

Around 4407.1% of the company’s stock are held by insiders while 5478.4% are held by institutions.