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21st Century Fox (FOXA) Looks Good: Stock Adds 9.9% in Session
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21st Century Fox, Inc. (FOXA - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $24.97-$27.50 in the past one-month time frame, showed a sharp increase yesterday.
The upside was driven by rumors of a potential sell of the company’s most of the entertainment business to Disney.
The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future
21st Century Fox currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Is FOXA going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
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21st Century Fox (FOXA) Looks Good: Stock Adds 9.9% in Session
21st Century Fox, Inc. (FOXA - Free Report) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $24.97-$27.50 in the past one-month time frame, showed a sharp increase yesterday.
The upside was driven by rumors of a potential sell of the company’s most of the entertainment business to Disney.
The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future
21st Century Fox currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Twenty-First Century Fox, Inc. Price
Twenty-First Century Fox, Inc. Price | Twenty-First Century Fox, Inc. Quote
A better-ranked stock in the Film and Television Production and Distribution industry is Lions Gate Entertainment Corp. (LGF.A - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is FOXA going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>