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Here is Why Growth Investors Should Buy Fox (FOX) Now
ZACKS· 2025-05-19 17:46
Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system helps identify cutting-edge growth stocks by analyzing real growth prospects beyond traditional attributes [2] - Fox Corporation (FOX) is currently recommended due to its favorable Growth Score and top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth indicating strong prospects [3] - Fox's historical EPS growth rate is 9.9%, but projected EPS growth for this year is 32.3%, surpassing the industry average of 27.7% [4] Group 3: Asset Utilization - The asset utilization ratio (sales-to-total-assets ratio) is an important metric for growth stocks, indicating efficiency in generating sales [5] - Fox has an S/TA ratio of 0.71, outperforming the industry average of 0.52, indicating better asset utilization [5] Group 4: Sales Growth - Sales growth is another key indicator, with Fox expected to achieve a sales growth of 15.3% this year, compared to the industry average of 0% [6] Group 5: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [7] - The current-year earnings estimates for Fox have been revised upward, with a 1% increase in the Zacks Consensus Estimate over the past month [8] Group 6: Overall Assessment - Fox has earned a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, indicating it is a potential outperformer for growth investors [10]
Copper Fox to Present at Sidoti Virtual Investor Conference May 21-22, 2025
Newsfile· 2025-05-19 10:00
Calgary, Alberta--(Newsfile Corp. - May 19, 2025) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) (FSE: HPU) ("Copper Fox" or the "Company") announces that Elmer B. Stewart, President and CEO of Copper Fox, will present and host one on one meetings with investors at the Sidoti May Virtual Investor Conference, taking place on May 21-22, 2025. The presentation will begin at 3:15 ET on May 22, 2025 and can be accessed live here: https://sidoti.zoom.us/webinar/register/WN_kuwxay2NS06NYtPj9ucGAA. Neither the ...
Fox Corp. Readies Fox One Streaming Service
The Motley Fool· 2025-05-16 21:23
Company Overview - GoDaddy has evolved from a domain registration business to a comprehensive service provider for micro businesses, offering IT services that enhance efficiency and competitiveness [22][23]. - The company has reported a 17% sales growth in its applications and commerce segment, which now constitutes about one-third of its revenue [22]. Capital Allocation Strategy - GoDaddy has executed a stock repurchase program, buying back $4 billion worth of stock since 2022, which has reduced its fully diluted share count by 25% [27]. - The company has a new $3 billion stock repurchase authorization plan, reflecting its commitment to returning value to shareholders through buybacks rather than dividends [27]. Financial Performance - Since its IPO, GoDaddy has outperformed the S&P 500 with a compound annual growth rate (CAGR) of 25%, compared to the S&P 500's 12% and Nasdaq's 16% [28]. - The company has expanded its normalized EBITDA margins by 900 basis points over five years while maintaining a CAGR of 20% in free cash flow per share [27]. Market Position and Growth - GoDaddy's business model focuses on maximizing free cash flow per share, which is considered its "North Star" [28][29]. - The company has a strong customer retention rate, with 90% of its revenue coming from existing customers, indicating a durable and predictable business model [29]. Competitive Differentiation - GoDaddy differentiates itself from competitors like Shopify by offering a seamless experience that combines multiple functionalities into one application, making it easier for micro businesses to manage their operations [26]. - The company emphasizes cost-effectiveness and efficiency, allowing customers to set up their businesses quickly and manage them with minimal complexity [26].
Best Value Stocks to Buy for May 15th
ZACKS· 2025-05-15 13:11
Core Insights - Three stocks are highlighted with a strong buy rank and favorable value characteristics for investors to consider on May 15th [1][2][3] Group 1: Intercorp Financial Services (IFS) - Intercorp Financial Services provides financial products and services and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 1.4% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 8.28, significantly lower than the S&P's 22.56, and possesses a Value Score of B [1] Group 2: Fox (FOX) - Fox produces and distributes news, sports, and entertainment content and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 3.6% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 11.05, compared to the S&P's 22.56, and possesses a Value Score of B [2] Group 3: Pan American Silver (PAAS) - Pan American Silver is a mining company focused exclusively on silver and holds a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 10.7% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 16.80, lower than the S&P's 22.56, and possesses a Value Score of B [3]
Fox (FOX) 2025 Conference Transcript
2025-05-14 19:20
Summary of Fox Corporation 2025 Conference Call Company Overview - **Company**: Fox Corporation (FOX) - **Date of Conference**: May 14, 2025 Key Industry Insights - **Advertising Performance**: Strong performance in advertising driven by major events like the Super Bowl and elections, with national advertising particularly robust. [4][36] - **Affiliate Revenue**: 25% of the affiliate revenue was booked during fiscal year 2025, indicating strong demand. [4][5] - **Direct-to-Consumer (D2C) Strategy**: Launch of Fox One, a D2C platform, aimed at addressing the cordless market while respecting existing pay TV relationships. [10][13][19] Core Company Strategies - **Focus on Live Events**: The company continues to prioritize live news and sports, which are key revenue drivers. [9][28] - **Capital Allocation**: Emphasis on disciplined capital allocation, including organic investments, M&A, and returning capital to shareholders. [6][75] - **Tubi's Growth**: Tubi has shown significant growth, with revenues up 35% and 97 million monthly active users, primarily targeting the cordless market. [45][46] Financial Performance - **Advertising Trends**: National advertising pricing is up high single digits compared to the previous year, with local advertising showing mixed results. [36][38] - **Fox News Viewership**: Record viewership for Fox News, with significant advertising gains attributed to high engagement. [54][56] - **Free Cash Flow**: Strong free cash flow generation, with $600 million of debt repaid recently, positioning the company for future growth. [73][75] Future Outlook - **Skinny Bundles**: The company is optimistic about the potential of skinny bundles to attract new subscribers and mitigate declines in traditional pay TV. [30][32] - **Sports Rights**: Fox holds significant sports broadcasting rights for several years, providing a competitive edge against new digital entrants like Netflix and Amazon. [61][63] - **Tubi's Role**: Tubi is expected to serve as a marketing platform for Fox One, leveraging its user base to drive subscriptions. [46][50] Additional Considerations - **Valuation Concerns**: There is frustration regarding the market's valuation of Tubi and other hidden assets within the company. [84] - **Wagering Assets**: The company holds valuable wagering assets, including an 18.6% stake in DraftKings, which are not fully reflected in the stock's value. [70][71] - **Content Strategy**: A balanced approach to content spending, focusing on both scripted and non-scripted programming, is maintained. [81][82] Conclusion Fox Corporation is positioned for continued growth through its focus on live events, strategic capital allocation, and leveraging its digital platforms like Tubi and Fox One. The company remains optimistic about its advertising revenue and the potential of new market strategies to enhance its competitive position.
Fox Corporation: A Strong Quarter With Most Catalysts Already Priced In
Seeking Alpha· 2025-05-14 13:15
Group 1 - Fox Corporation reported a significant revenue increase of 27% year-over-year, reaching $4.37 billion [1] - The adjusted earnings per share (EPS) for the quarter was $1.10, which exceeded market expectations by a substantial margin [1] - The strong performance in revenue and EPS indicates a positive trend for the company, marking one of its most notable quarters in recent years [1]
Fox names new streaming service ‘Fox One,' plans launch before football season
New York Post· 2025-05-12 15:30
Core Insights - Fox is launching a new subscription-based streaming service called "Fox One" before the fall American football season to expand its audience beyond cable television [1] - The company reported quarterly profit and revenue that exceeded Wall Street expectations, driven by a significant increase in advertising revenue from the broadcast of "Super Bowl LIX" [2][6] - Fox's advertising revenue surged by 65% to $2.04 billion, surpassing estimates, while total revenue rose 27% to $4.37 billion [8] Streaming Strategy - Fox has primarily focused on ad revenue from its free Tubi streaming service, which has approximately 97 million monthly active users, rather than competing directly in the streaming race [3] - The company plans to partner with other distributors and services for Fox One, potentially offering bundled deals to reduce subscriber churn [3][9] - CEO Lachlan Murdoch emphasized that the pricing for Fox One will be healthy and will not undercut cable subscribers [4] Advertising Performance - The broadcast of the Super Bowl attracted an estimated 127.7 million viewers, marking the largest audience in TV history for a single-network telecast [5][9] - Advertisers paid up to $8 million for 30 seconds of commercial time during the Super Bowl, reflecting the high demand for advertising on Fox's platforms [5]
Fox (FOXA) Reports Q3 Earnings: What Key Metrics Have to Say
ZACKS· 2025-05-12 15:00
Core Insights - Fox reported a revenue of $4.37 billion for the quarter ended March 2025, marking a 26.8% increase year-over-year and exceeding the Zacks Consensus Estimate by 5.30% [1] - The earnings per share (EPS) for the quarter was $1.10, slightly up from $1.09 in the same quarter last year, and surpassed the consensus EPS estimate by 18.28% [1] Financial Performance - Revenue breakdown shows Cable Network Programming at $1.64 billion, exceeding the estimated $1.53 billion, with an 11.1% year-over-year increase [4] - Television segment revenue reached $2.70 billion, surpassing the $2.57 billion estimate, reflecting a significant 39.5% increase year-over-year [4] - Other, Corporate and Eliminations segment reported $31 million, exceeding the estimate of $17.25 million, but showing a decline of 16.2% year-over-year [4] Revenue Components - Cable Network Programming's affiliate fee revenue was $1.14 billion, slightly above the $1.10 billion estimate, with a 2.8% year-over-year increase [4] - Advertising revenue in Cable Network Programming was $372 million, exceeding the $310.49 million estimate, representing a 25.7% increase year-over-year [4] - Television advertising revenue surged to $1.66 billion, surpassing the $1.55 billion estimate, with a remarkable 77.2% year-over-year growth [4] Stock Performance - Fox shares have returned +2.8% over the past month, compared to a +3.8% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [3]
Fox Corporation (FOX) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-05-12 14:15
Core Viewpoint - Fox Corporation reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $0.96 per share, and showing a slight increase from $1.09 per share a year ago, indicating a 14.58% earnings surprise [1] - The company also posted revenues of $4.37 billion for the quarter, surpassing the Zacks Consensus Estimate by 5.22%, and up from $3.45 billion year-over-year [2] Financial Performance - Over the last four quarters, Fox has consistently surpassed consensus EPS estimates, achieving this four times [2] - The company has topped consensus revenue estimates two times in the same period [2] - The current consensus EPS estimate for the upcoming quarter is $1.30, with expected revenues of $3.12 billion, and for the current fiscal year, the estimate is $4.53 on revenues of $15.92 billion [7] Market Position - Fox shares have increased by approximately 2.1% since the beginning of the year, contrasting with a decline of 3.8% in the S&P 500 [3] - The Zacks Industry Rank places Broadcast Radio and Television in the top 30% of over 250 Zacks industries, suggesting a favorable outlook for the sector [8] Future Outlook - The sustainability of Fox's stock price movement will largely depend on management's commentary during the earnings call and the trends in earnings estimate revisions [3][4] - The current estimate revisions trend for Fox is favorable, resulting in a Zacks Rank 1 (Strong Buy), indicating expectations for the stock to outperform the market in the near future [6]
Fox (FOXA) Surpasses Q3 Earnings and Revenue Estimates
ZACKS· 2025-05-12 14:10
Core Viewpoint - Fox (FOXA) reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $0.93 per share, and showing a slight increase from $1.09 per share a year ago, indicating a positive earnings surprise of 18.28% [1][2] Financial Performance - The company achieved revenues of $4.37 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 5.30%, and reflecting a significant increase from $3.45 billion in the same quarter last year [2] - Over the last four quarters, Fox has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Fox shares have increased approximately 3.4% since the beginning of the year, contrasting with the S&P 500's decline of -3.8% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations for it to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $3.08 billion, and for the current fiscal year, it is $4.45 on revenues of $15.88 billion [7] - The trend of estimate revisions for Fox has been favorable leading up to the earnings release, which may influence future stock movements [5][6] Industry Context - The Broadcast Radio and Television industry, to which Fox belongs, is currently ranked in the top 30% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]