FOX - Fox Corp Stock Price, Fair Value and News

28.83USD-0.42 (-1.44%)Market Closed

Market Summary

USD28.83-0.42

Market Closed

-1.44%

FOX Alerts

Point72 Asset Management, L.P. reported owning 5% of FOX [2024-03-26]

FOX Stock Price

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FOX RSI Chart

FOX Valuation

Market Cap

14.2B

Price/Earnings (Trailing)

16.78

Price/Sales (Trailing)

0.98

EV/EBITDA

12.89

Price/Free Cashflow

12.16

FOX Price/Sales (Trailing)

FOX Profitability

EBT Margin

7.87%

Return on Equity

8.28%

Return on Assets

3.72%

Free Cashflow Yield

8.22%

FOX Fundamentals

FOX Revenue

Revenue (TTM)

14.6B

Rev. Growth (Yr)

-8.06%

Rev. Growth (Qtr)

32.02%

FOX Earnings

Earnings (TTM)

849.0M

Earnings Growth (Yr)

-64.17%

Earnings Growth (Qtr)

-72.29%

Breaking Down FOX Revenue

52 Week Range

29.29

(Low)(High)

Last 7 days

3.4%

Last 30 days

4.7%

Last 90 days

-1.6%

How does FOX drawdown profile look like?

FOX Financial Health

Current Ratio

2.29

Debt/Equity

0.7

Debt/Cashflow

0.21

FOX Investor Care

Buy Backs (1Y)

9.98%

Diluted EPS (TTM)

1.69

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	14.9B	14.9B	14.9B	14.6B
2022	13.8B	14.0B	14.1B	14.3B
2021	12.4B	12.9B	13.2B	13.6B
2020	12.4B	12.3B	12.4B	12.7B
2019	11.3B	11.4B	11.5B	11.7B
2018	10.1B	10.2B	10.5B	11.0B
2017	0	9.9B	10.0B	10.0B

Get all data in R, Python etc through our Historical Stock Data APIs

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Very Expensive Stocks: $11,022

Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index

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Tracking the Latest Insider Buys and Sells of Fox Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 02, 2024	ryan paul d	acquired	-	-	3,511	-
Jan 02, 2024	carey chase	acquired	-	-	3,511	-
Jan 02, 2024	hernandez roland a	acquired	-	-	3,511	-
Nov 29, 2023	murdoch keith rupert	sold	-5,757,010	29.57	-194,691	-
Nov 20, 2023	murdoch keith rupert	acquired	-	-	145,347	-
Nov 20, 2023	murdoch keith rupert	sold (taxes)	-2,417,260	30.36	-79,620	-
Sep 15, 2023	murdoch keith rupert	sold	-3,190,000	31.9	-100,000	chair
Aug 17, 2023	dinh viet d	acquired	4,766,400	26.12	182,481	chief legal and policy officer
Aug 17, 2023	dinh viet d	sold	-7,744,100	33.3992	-231,865	chief legal and policy officer
Aug 15, 2023	murdoch keith rupert	acquired	-	-	155,945	chair

Which funds bought or sold FOX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 24, 2024	V-Square Quantitative Management LLC	unchanged	-	3,289	97,050	0.01%
Apr 24, 2024	RITHOLTZ WEALTH MANAGEMENT	reduced	-54.72	-250,960	229,098	0.01%
Apr 24, 2024	V-Square Quantitative Management LLC	unchanged	-	10,929	213,605	0.03%
Apr 24, 2024	Spire Wealth Management	reduced	-46.83	-9,781	11,288	-%
Apr 24, 2024	Robeco Institutional Asset Management B.V.	reduced	-17.42	-1,007,650	6,763,580	0.01%
Apr 24, 2024	Assenagon Asset Management S.A.	added	8.58	325,338	2,579,370	0.01%
Apr 24, 2024	RAYMOND JAMES TRUST N.A.	added	0.23	15,481	290,347	0.01%
Apr 24, 2024	Wesleyan Assurance Society	unchanged	-	71,000	1,386,000	0.12%
Apr 24, 2024	DekaBank Deutsche Girozentrale	added	28.04	318,000	1,303,000	-%
Apr 24, 2024	Spire Wealth Management	added	2.75	172	7,498	-%

Are Funds Buying or Selling FOX?

Are funds buying FOX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own FOX

No. of Funds

FOX Alerts

Point72 Asset Management, L.P. reported owning 5% of FOX [2024-03-26]

Unveiling Fox Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Mar 26, 2024	point72 asset management, l.p.	5.0%	12,046,118	SC 13G
Feb 13, 2024	dodge & cox	11.7%	29,014,647	SC 13G/A
Feb 13, 2024	independent franchise partners llp	7.1%	17,568,031	SC 13G/A
Feb 13, 2024	vanguard group inc	6.43%	15,143,529	SC 13G/A
Feb 13, 2024	vanguard group inc	11.42%	28,226,290	SC 13G/A
Jan 31, 2024	blackrock inc.	5.4%	12,742,557	SC 13G
Jan 29, 2024	state street corp	5.89%	14,741,108	SC 13G
Jan 23, 2024	blackrock inc.	14.0%	34,492,832	SC 13G/A
Mar 10, 2021	vanguard group inc	10.09%	33,721,788	SC 13G/A
Feb 16, 2021	price t rowe associates inc /md/	4.9%	12,767,668	SC 13G/A

Recent SEC filings of Fox Corp

View All Filings

Date Filed	Form Type	Document
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading
Mar 27, 2024	4	Insider Trading

Peers (Alternatives to Fox Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
NFLX	243.4B	34.9B	-10.24%	75.87%	37.83	6.97	9.47%	53.23%
DIS	206.8B	88.9B	-6.00%	16.70%	69.26	2.33	5.35%	-10.06%
LYV	20.4B	22.7B	-15.24%	35.23%	36.25	0.9	36.38%	90.31%
SIRI	11.6B	9.0B	-21.50%	-16.02%	9.25	1.3	-0.55%	3.71%
MID-CAP
ROKU	9.0B	3.5B	-2.83%	11.07%	-12.7	2.59	11.45%	-42.48%
PARA	7.9B	29.7B	6.86%	-43.88%	-13.03	0.27	-1.66%	-155.07%
EDR	7.9B	6.0B	3.20%	3.65%	22.16	1.33	13.14%	176.08%
NXST	5.4B	4.9B	-4.69%	-5.05%	15.55	1.09	-5.33%	-64.37%
MSGS	4.5B	879.6M	3.48%	-5.02%	116.75	5.11	2.95%	-31.65%
PLAY	2.1B	2.2B	-12.76%	52.49%	16.46	0.95	12.26%	-7.46%
CNK	2.1B	3.1B	-0.68%	9.94%	7.45	0.68	24.93%	166.91%
SMALL-CAP
AMC	863.6M	4.8B	-19.41%	-92.84%	-2.18	0.18	23.04%	59.26%
AMCX	496.6M	2.7B	-4.87%	-33.20%	2.3	0.18	-12.42%	2737.29%
CSSE	7.4M	294.4M	62.50%	-85.87%	-0.01	0.03	16.45%	-513.05%

Fox Corp News

Latest updates

Fox Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	32.0%	4,234	3,207	3,032	4,084	4,605	3,192	3,033	3,455	4,441	3,045	2,890	3,215	4,087	2,717	2,418	3,440	3,778	2,667	2,513	2,752	3,583
Operating Expenses	82.2%	3,393	1,862	1,778	2,727	3,528	1,656	1,715	2,164	3,667	1,571	1,638	1,885	3,346	1,168	1,187	2,061	3,091	1,468	1,358	1,660	2,818
S&GA Expenses	3.1%	495	480	523	528	550	448	552	485	468	415	540	437	442	388	494	464	431	352	455	336	329
EBITDA Margin	-17.4%	0.09*	0.11*	0.13*	0.12*	0.15*	0.12*	0.12*	0.11*	0.14*	0.17*	0.22*	0.18*	0.14*	0.16*	0.11*	0.20*	0.26*	0.22*	0.23*	0.22*	0.21*
Interest Expenses	-71.4%	-72.00	-42.00	-35.00	-55.00	-60.00	-68.00	-86.00	-91.00	-97.00	-97.00	-98.00	-98.00	-97.00	-98.00	-603	89.00	90.00	90.00	91.00	81.00	15.00
Income Taxes	-89.0%	16.00	146	136	-1.00	116	232	139	100	-22.00	244	85.00	196	74.00	362	55.00	55.00	105	187	191	167	7.00
Earnings Before Taxes	-76.6%	131	561	505	-51.00	437	845	447	390	-95.00	952	357	778	304	1,479	200	145	419	700	656	706	31.00
EBT Margin	-19.1%	0.08*	0.10*	0.12*	0.11*	0.15*	0.11*	0.12*	0.12*	0.15*	0.18*	0.23*	0.22*	0.17*	0.18*	0.12*	0.15*	0.21*	0.18*	0.20*	0.19*	0.19*
Net Income	-72.3%	115	415	369	-50.00	321	613	308	290	-73.00	708	253	582	230	1,117	122	78.00	300	499	454	529	8.00
Net Income Margin	-17.5%	0.06*	0.07*	0.08*	0.08*	0.11*	0.08*	0.09*	0.09*	0.11*	0.13*	0.17*	0.16*	0.12*	0.13*	0.08*	0.11*	0.15*	0.13*	0.14*	0.14*	0.14*
Free Cashflow	-778.6%	-615	-70.00	373	1,484	-610	196	817	1,537	-753	-24.00	622	1,538	-155	150	853	1,519	-529	163	812	1,529	-257

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	5.5%	22,846	21,649	21,866	22,396	23,126	22,424	22,185	22,016	22,878	23,161	22,926	22,907	22,754	22,497	21,750	20,237	20,450	20,534	19,509	17,657	13,466
Current Assets	17.4%	8,501	7,239	7,257	7,723	8,571	8,495	8,281	7,916	8,514	8,875	8,749	8,694	8,440	8,463	7,486	6,744	6,398	7,049	6,478	5,964	5,877
Cash Equivalents	7.7%	4,122	3,829	4,272	4,146	4,058	4,950	5,200	4,634	4,255	5,411	5,886	5,765	4,502	5,061	4,645	3,196	1,991	3,340	3,234	2,818	1,951
Inventory	38.2%	1,038	751	543	487	1,300	1,020	791	786	1,148	1,135	729	685	1,020	1,271	856	971	1,544	1,463	1,129	1,074	1,422
Net PPE	-0.4%	1,676	1,683	1,708	1,675	1,680	1,681	1,682	1,646	1,650	1,656	1,708	1,626	1,606	1,539	1,498	1,386	1,330	1,314	1,313	1,286	1,150
Goodwill	0.1%	3,559	3,557	3,559	3,557	3,556	3,550	3,554	3,560	3,565	3,532	3,435	3,403	3,408	3,409	3,409	3,089	2,991	2,707	2,691	2,691	2,747
Current Liabilities	3.3%	3,707	3,589	3,763	4,402	2,543	2,362	2,296	2,121	2,870	2,869	3,002	2,985	2,213	2,012	1,906	1,780	1,816	1,890	1,712	1,297	1,241
Long Term Debt	20.7%	7,195	5,962	5,961	5,961	7,208	7,207	7,206	7,205	7,204	7,203	7,202	7,201	7,949	7,947	7,946	6,754	6,753	6,752	6,751	6,750	-
LT Debt, Current	0%	1,250	1,250	1,249	1,249	-	-	-	-	750	750	749	749	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	20.7%	7,195	5,962	5,961	5,961	7,208	7,207	7,206	7,205	7,204	7,203	7,202	7,201	7,949	7,947	7,946	6,754	6,753	6,752	6,751	6,750	-
Shareholder's Equity	-1.9%	10,252	10,451	10,378	10,185	11,676	11,585	11,375	11,218	11,290	11,430	11,125	11,084	10,921	10,806	10,111	10,133	10,353	10,330	9,958	8,611	10,406
Retained Earnings	-1.0%	2,514	2,539	2,269	2,032	2,985	2,795	2,461	2,300	2,308	2,409	1,982	1,912	1,657	1,525	674	589	775	696	357	101	-
Additional Paid-In Capital	-1.4%	7,879	7,991	8,253	8,361	8,836	8,949	9,098	9,195	9,265	9,327	9,453	9,555	9,655	9,668	9,831	9,810	9,849	9,921	9,891	8,706	-
Shares Outstanding	-1.0%	487	492	-	521	541	550	-	569	569	575	-	595	595	603	-	615	619	622	-	621	621
Minority Interest	9.0%	73.00	67.00	67.00	70.00	69.00	64.00	36.00	18.00	15.00	-	2.00	3.00	4.00	15.00	17.00	19.00	19.00	10.00	11.00	11.00	12.00
Float	-	-	-	-	-	3,800	-	-	-	4,900	-	-	-	-	-	-	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-53700.0%	-536	1.00	493	1,568	-531	270	933	1,607	-685	29.00	773	1,629	-30.00	267	1,020	1,601	-458	202	900	1,588	-211
Share Based Compensation	0%	24.00	24.00	19.00	23.00	25.00	7.00	27.00	28.00	32.00	15.00	35.00	37.00	44.00	31.00	36.00	36.00	38.00	27.00	31.00	5.00	-
Cashflow From Investing	-46.6%	-85.00	-58.00	-120	-97.00	-103	-118	-127	-90.00	-221	-75.00	-199	-	-180	-149	-703	-48.00	-309	-40.00	-326	-60.00	-44.00
Cashflow From Financing	336.8%	914	-386	-247	-1,383	-258	-402	-240	-1,138	-250	-429	-453	-366	-349	298	1,132	-348	-582	-56.00	-158	-661	-550
Dividend Payments	-94.8%	7.00	135	8.00	136	8.00	147	12.00	145	-	150	148	6.00	161	15.00	14.00	152	155	14.00	155	11.00	-
Buy Backs	1.2%	253	250	-	1,263	250	250	-	251	247	250	-	306	149	-	-	-	-	-	-	-	-

FOX Income Statement

2023-12-31

UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions

3 Months Ended

6 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2023

Dec. 31, 2022

Income Statement [Abstract]

Revenues

$ 4,234

$ 4,605

$ 7,441

$ 7,797

Operating expenses

(3,393)

(3,528)

(5,255)

(5,184)

Selling, general and administrative

(495)

(550)

(975)

(998)

Depreciation and amortization

(97)

(103)

(193)

(202)

Interest expense, net

(72)

(60)

(114)

(128)

Other, net

(46)

(212)

(3)

Income before income tax expense

131

437

692

1,282

Income tax expense

(16)

(116)

(162)

(348)

Net income

115

321

530

934

Less: Net income attributable to noncontrolling interests

^[1]

(6)

(8)

(14)

(16)

Net income attributable to Fox Corporation stockholders

$ 109

$ 313

$ 516

$ 918

Weighted average shares:

Basic (in shares)

481

541

487

545

Diluted (in shares)

482

543

488

547

Net income attributable to Fox Corporation stockholders per share - basic and diluted

Basic (in dollars per share)

$ 0.23

$ 0.58

$ 1.06

$ 1.68

Diluted (in dollars per share)

$ 0.23

$ 0.58

$ 1.06

$ 1.68

[1]

Net income attributable to noncontrolling interests includes $(4) million and $(5) million for the three months ended December 31, 2023 and 2022, respectively, and $(4) million and $(10) million for the six months ended December 31, 2023 and 2022, respectively, relating to redeemable noncontrolling interests.

FOX Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions

Dec. 31, 2023

Jun. 30, 2023

Current assets

Cash and cash equivalents

$ 4,122

$ 4,272

Receivables, net

3,001

2,177

Inventories, net

1,038

543

Other

340

265

Total current assets

8,501

7,257

Non-current assets

Property, plant and equipment, net

1,676

1,708

Intangible assets, net

3,061

3,084

Goodwill

3,559

Deferred tax assets

3,065

3,090

Other non-current assets

2,984

3,168

Total assets

22,846

21,866

Current liabilities

Borrowings

1,250

1,249

Accounts payable, accrued expenses and other current liabilities

2,457

2,514

Total current liabilities

3,707

3,763

Non-current liabilities

Borrowings

7,195

5,961

Other liabilities

1,376

1,484

Redeemable noncontrolling interests

243

213

Commitments and contingencies

Equity

Additional paid-in capital

7,879

8,253

Retained earnings

2,514

2,269

Accumulated other comprehensive loss

(146)

(149)

Total Fox Corporation stockholders’ equity

10,252

10,378

Noncontrolling interests

Total equity

10,325

10,445

Total liabilities and equity

22,846

21,866

Class A Common Stock

Equity

Common Stock

^[1]

Class B Common Stock

Equity

Common Stock

^[2]

$ 2

[1]	Class A Common Stock, $0.01 par value per share, 2,000,000,000 shares authorized, 240,828,814 shares and 262,899,364 shares issued and outstanding at par as of December 31, 2023 and June 30, 2023, respectively.
[2]	Class B Common Stock, $0.01 par value per share, 1,000,000,000 shares authorized, 235,581,025 shares and 235,581,025 shares issued and outstanding at par as of December 31, 2023 and June 30, 2023, respectively.

About Fox Corp

Fox Corporation operates as a news, sports, and entertainment company in the United States (U.S.). The company operates through Cable Network Programming; Television; and Other, Corporate and Eliminations segments. The Cable Network Programming segment produces and licenses news, business 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. Television segment produces, acquires, markets, and distributes programming through the FOX broadcast network, advertising supported video-on-demand service Tubi, and power broadcast television stations including duopolies and other digital platform; and engages in production of content for company and third parties. Other, Corporate and Eliminations segment comprises the FOX Studio Lot which provides television and film production services including office space, studio operation services, and facility operations; and Credible, a U.S. consumer finance marketplace. The company was incorporated in 2018 and is headquartered in New York, New York.

CEO	Mr. Lachlan Keith Murdoch
WEBSITE	foxcorporation.com
INDUSTRY	Entertainment
EMPLOYEES	10400

Fox Corp Frequently Asked Questions

What is the ticker symbol for Fox Corp? What does FOX stand for in stocks?

FOX is the stock ticker symbol of Fox Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Fox Corp (FOX)?

As of Thu Apr 25 2024, market cap of Fox Corp is 14.25 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of FOX stock?

You can check FOX's fair value in chart for subscribers.

What is the fair value of FOX stock?

You can check FOX's fair value in chart for subscribers. The fair value of Fox Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Fox Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for FOX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Fox Corp a good stock to buy?

The fair value guage provides a quick view whether FOX is over valued or under valued. Whether Fox Corp is cheap or expensive depends on the assumptions which impact Fox Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for FOX.

What is Fox Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 25 2024, FOX's PE ratio (Price to Earnings) is 16.78 and Price to Sales (PS) ratio is 0.98. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. FOX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Fox Corp's stock?

In the past 10 years, Fox Corp has provided 0.002 (multiply by 100 for percentage) rate of return.