Fox Corporation (FOX) Hits Fresh High: Is There Still Room to Run?

Core Viewpoint - Fox Corporation (FOX) has shown strong stock performance, with a 9.7% increase over the past month and a 42.4% gain since the start of the year, outperforming both the Zacks Consumer Discretionary sector and the Zacks Broadcast Radio and Television industry [1] Financial Performance - In the last earnings report on October 30, 2025, Fox reported an EPS of $1.51, exceeding the consensus estimate of $1.06 [2] - For the current fiscal year, Fox is expected to post earnings of $4.46 per share on revenues of $15.99 billion, reflecting a -6.69% change in EPS and a -1.93% change in revenues [3] - For the next fiscal year, the company is projected to earn $5.03 per share on revenues of $16.55 billion, indicating a year-over-year change of 12.71% in EPS and 3.55% in revenues [3] Valuation Metrics - Fox has a Value Score of A, a Growth Score of B, and a Momentum Score of D, resulting in a VGM Score of A [6] - The stock currently trades at 14.6X current fiscal year EPS estimates, slightly below the peer industry average of 15.1X, and at 11.2X on a trailing cash flow basis compared to the peer group's average of 5.2X [7] - The PEG ratio stands at 1.44, positioning Fox favorably among value investors [7] Zacks Rank - Fox holds a Zacks Rank of 2 (Buy), supported by favorable earnings estimate revisions from analysts [8] - The stock meets the criteria for selection, as it has a Zacks Rank of 1 or 2 and Style Scores of A or B, suggesting potential for further price appreciation [8] Competitive Position - Fox Corporation's shares have been performing well, and it remains a solid choice within the industry, alongside its peer FOXA, which also has a Zacks Rank of 2 (Buy) and strong value and growth scores [9] - FOXA is expected to post earnings of $4.42 per share on revenues of $16.09 billion for the current fiscal year, having beaten consensus estimates by 42.45% in the last quarter [10]