Core Viewpoint - Fox (FOXA) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - Institutional investors often adjust their valuations based on changes in earnings estimates, leading to significant stock price movements [4]. Recent Performance and Outlook - Fox is projected to earn $4.52 per share for the fiscal year ending June 2025, with no year-over-year change, but analysts have raised their estimates by 2.6% over the past three months [8]. - The upgrade reflects an improvement in Fox's underlying business, which is expected to drive the stock price higher as investors recognize this trend [5][10]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Fox's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [9][10].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Fox (FOXA) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - Historical EPS growth for Fox is 9.9%, but projected EPS growth for this year is 31.7%, surpassing the industry average of 29.7% [5]. Group 2: Asset Utilization - Fox has an asset utilization ratio (sales-to-total-assets ratio) of 0.71, indicating it generates $0.71 in sales for every dollar in assets, compared to the industry average of 0.58 [6]. Group 3: Sales Growth - The company's sales are expected to grow by 15.2% this year, significantly higher than the industry average of 0% [7]. Group 4: Earnings Estimate Revisions - The current-year earnings estimates for Fox have been revised upward, with the Zacks Consensus Estimate increasing by 1.5% over the past month [8]. Group 5: Overall Positioning - Fox has achieved a Growth Score of B and a Zacks Rank of 2, positioning it well for potential outperformance in the growth stock category [10].

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with Fox (FOXA) identified as a strong candidate due to its favorable growth metrics and Zacks Rank [2][10]. Group 1: Earnings Growth - Fox's historical EPS growth rate stands at 9.9%, but projected EPS growth for the current year is expected to be 31.7%, significantly surpassing the industry average of 27.7% [4]. - Double-digit earnings growth is a key indicator of strong prospects and potential stock price gains for growth investors [3]. Group 2: Asset Utilization - Fox has an asset utilization ratio (sales-to-total-assets ratio) of 0.71, indicating that the company generates $0.71 in sales for every dollar of assets, outperforming the industry average of 0.52 [5]. Group 3: Sales Growth - The company's sales are projected to grow by 15.2% this year, in stark contrast to the industry average, which is expected to remain at 0% [6]. Group 4: Earnings Estimate Revisions - The Zacks Consensus Estimate for Fox's current-year earnings has increased by 2.1% over the past month, indicating a positive trend in earnings estimate revisions [8]. - A positive trend in earnings estimate revisions is strongly correlated with near-term stock price movements, suggesting potential for price appreciation [7]. Group 5: Overall Assessment - Fox has achieved a Growth Score of B and a Zacks Rank of 2 (Buy), reflecting its strong growth potential and positive earnings estimate revisions, making it a solid choice for growth investors [10].

MONTREAL, April 30, 2025 (GLOBE NEWSWIRE) -- Stingray Group Inc. (TSX: RAY.A; RAY.B) will release its financial results for the fourth quarter ended March 31, 2025, on Tuesday, June 10, 2025, after the markets close. Management will hold a conference call to discuss the financial results the next day, June 11, 2025, at 10:00 a.m. Eastern Time. Details of the Conference Call Via the internet at www.corporate.stingray.com Via telephone: (+1) 800-717-1738, Montreal (+1) 514-400-3792, Toronto (+1) 289-514-5100 ...