FOXA

Twenty-First Century Fox Inc

TMT


Presented:11/17/2016
Price:$27.92
Cap:$52.01B
Current Price:$41.83
Cap:$19.17B

Presented

Date11/17/2016
Price$27.92
Market Cap$52.01B
Ent Value$61.73B
P/E Ratio18.37x
Book Value$7.44
Div Yield0.01%
Shares O/S1,863.00M
Ave Daily Vol11,678,395
Short Int1.92%

Current

Price$41.83
Market Cap$19.17B
21st Century Fox, Inc. operates as a global media company, which engages in television broadcasting and film production. It operates through five segments: Cable Network Programming, Filmed Entertainment, Television, Direct Broadcast Satellite Television, and Other, Corporate and Eliminations. The Cable Network Programming segment consists of the production and licensing of programming distributed through cable television systems and direct broadcast satellite operators primarily in the U.S., Latin America, Europe, and Asia. The Filmed Entertainment segment engages in the production and acquisition of live-action and animated motion pictures for distribution and licensing in all formats in all entertainment media worldwide and the production and licensing of television programming worldwide. The Television segment consists of the broadcasting of network programming in the U.S. and the operation of broadcast television stations. The Direct Broadcast Satellite Television segment engages in the distribution of basic and premium programming services via satellite and broadband directly to subscribers in Italy. The Other, Corporate and Eliminations segment consists of corporate overhead and eliminations and other businesses. The company was founded in 1979 and is headquartered in New York, NY.

Publicly traded companies mentioned herein: Comcast Corp (CMCSA), Twenty-First Century Fox Inc (FOXA)

Highlights

The presenter is long shares of Twenty-First Century Fox (FOXA), stating the bull thesis from 2 – 3 years ago remains in place, but can now be purchased at a lower price. The presenter states cordcutting and advertising declines could be less impactful than feared, and affiliate fees still have room to expand. The presenter sees strength in Star Studios (India) and easy comps on the film business due to a lackluster year. Should the thesis play out, the presenter sees 20% - 35% upside in FOXA over the next 12 months, and 35% - 50% upside over the next 24 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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