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What’s Driving 21st Century Fox’s Stock Price Down?

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Fall in 21st Century Fox’s stock price

21st Century Fox’s (FOXA) stock price has fallen 17.2% in the past three months and 12.6% year-to-date. In contrast, Viacom (VIAB) has seen its stock price fall 10.4%, while CBS (CBS) has seen its stock price rise 9.3% year-to-date. The Walt Disney Company (DIS) has seen its stock price fall 13.1%.

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

21st Century Fox has indicated that it expects its affiliate fees to rise in fiscal 2017, and it also expects its international advertising revenue to improve in fiscal 2017.

However, exchange rate fluctuations continue to be a worrying factor for FOXA. The company also expects expenses for its broadcast television segment to rise due to marketing and sports programming.

In this series…

In this series, we’ll assess the outlook for FOXA’s advertising and affiliate fees. We’ll also look at the company’s Filmed Entertainment segment strategy and how Hulu is trying to thwart competition from other streaming services such as Netflix (NFLX). We’ll also look at the company’s international operations. Finally, we’ll look at the company’s valuation metrics and technical indicators.

21st Century Fox makes up 0.14% of the SPDR S&P 500 ETF (SPY). SPY has an exposure of 3.6% to the computers sector.

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