(FOX) Fox - Ratings and Ratios

Fox Corporation operates as a diversified media conglomerate with a focus on news, sports, and entertainment content. Headquartered in New York, the company was established in 2019 following the acquisition of 21st Century Fox by The Walt Disney Company. Fox Corp Class B (NASDAQ:FOX) is structured into four primary business segments: Cable Network Programming, Television, Credible, and The FOX Studio Lot. The Cable Network Programming segment includes Fox News Media, which encompasses Fox News Channel, Fox Business, and Fox News Digital, as well as Fox Sports Media, which includes Fox Sports 1, Fox Sports 2, and digital platforms like Fox Sports Go. This segment generates revenue primarily through affiliate fees and advertising. The Television segment comprises the FOX broadcast network, which operates 29 owned-and-operated stations, as well as Tubi, a free ad-supported streaming service. This segment also produces content for third-party platforms. The Credible segment provides financial services, focusing on student loan refinancing and personal loans. The FOX Studio Lot segment offers production services, including studio facilities, post-production services, and office space for film and television productions.

From a technical perspective, FOX is currently trading below its 20-day and 50-day simple moving averages (SMA), with the SMA 20 at 47.87 and SMA 50 at 49.81, compared to its last price of 43.95. The SMA 200 at 42.61 suggests the stock is in a bearish trend. The Average True Range (ATR) of 1.72 indicates moderate volatility. On the fundamental side, the company has a market capitalization of $21.6 billion, with a price-to-earnings (P/E) ratio of 9.81 and a forward P/E of 11.11, signaling undervaluation relative to future earnings expectations. The price-to-book (P/B) ratio of 1.80 and price-to-sales (P/S) ratio of 1.42 suggest a balance between asset valuation and revenue generation. The return on equity (RoE) of 19.01% highlights strong profitability.

3-Month Forecast Based on the provided data: - Technical Outlook: With the stock trading below its 20-day and 50-day SMAs, and the SMA 200 at 42.61, FOX may face resistance at the 47.87 (SMA 20) and 49.81 (SMA 50) levels. Support is likely at the SMA 200 level of 42.61. The ATR of 1.72 suggests moderate price fluctuations. - Fundamental Outlook: The P/E ratio of 9.81 and forward P/E of 11.11 indicate potential upside as earnings growth materializes. The P/B ratio of 1.80 and P/S ratio of 1.42 suggest the stock is fairly valued relative to its assets and revenue. The RoE of 19.01% underscores strong profitability, which could support further share price appreciation. Overall, FOX is expected to remain range-bound in the near term, with potential upside driven by earnings growth and stable operations.