What Could Be Dragging Down 21st Century Fox Stock?



Fall in 21st Century Fox’s stock price

21st Century Fox is expected to announce its 4Q16 results on August 3. Its stock (FOXA) price has fallen 13.6% in the past three months and 2.1% year-to-date. In contrast, Viacom (VIAB) and CBS (CBS) have seen their stock prices rise 11.5% and 16.4%, respectively, year-to-date. The Walt Disney Company (DIS) has seen its stock price fall 9.1%, as the chart below shows.

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Factors that could impact 21st Century Fox’s stock price

21st Century Fox has indicated that its international operations could be negatively impacted by the rising dollar. This could also affect the company’s international affiliate fees and advertising revenues. The company is also expecting rising expenses for its broadcast television segment due to marketing and sports programming.

In this series…

We’ll assess the outlook for the company’s advertising and affiliate fees. We’ll also look at whether sequels are working out for the company’s Filmed Entertainment segment and how Hulu is trying to thwart competition from other streaming services like Netflix (NFLX). We’ll also look at the company’s TV Everywhere service. Finally, we’ll look at the valuation metrics and technical indicators for 21st Century Fox.

But first, let’s look at how analysts are rating 21st Century Fox before its earnings in the next part of this series.


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