Twenty-First Century Fox (FOXA) Hits New Lifetime High Today

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Twenty-First Century Fox ( FOXA) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Twenty-First Century Fox as such a stock due to the following factors:

  • FOXA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $443.7 million.
  • FOXA has traded 3.6 million shares today.
  • FOXA is trading at a new lifetime high.

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More details on FOXA:

Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming, Television, Filmed Entertainment, and Direct Broadcast Satellite Television segments. The stock currently has a dividend yield of 0.7%. FOXA has a PE ratio of 19.9. Currently there are 14 analysts that rate Twenty-First Century Fox a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Twenty-First Century Fox has been 12.8 million shares per day over the past 30 days. Twenty-First Century Fox has a market cap of $49.2 billion and is part of the services sector and media industry. The stock has a beta of 1.25 and a short float of 3.9% with 4.60 days to cover. Shares are up 5.9% year-to-date as of the close of trading on Wednesday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Twenty-First Century Fox as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

Highlights from the ratings report include:
  • FOXA's revenue growth has slightly outpaced the industry average of 9.1%. Since the same quarter one year prior, revenues rose by 11.7%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, reflecting both the market's overall trend during that period and the fact that the company's earnings growth has been robust. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • Net operating cash flow has increased to $440.00 million or 39.24% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 16.46%.
  • TWENTY-FIRST CENTURY FOX INC has improved earnings per share by 45.5% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, TWENTY-FIRST CENTURY FOX INC reported lower earnings of $1.66 versus $2.91 in the prior year. This year, the market expects an improvement in earnings ($3.36 versus $1.66).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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