Formula One Group (FWONK) Stock Price, News & Analysis

$70.01
-1.14 (-1.60%)
(As of 05/10/2024 ET)
Today's Range
$69.98
$71.81
50-Day Range
$65.54
$72.89
52-Week Range
$60.95
$78.58
Volume
1.29 million shs
Average Volume
1.08 million shs
Market Capitalization
$14.60 billion
P/E Ratio
51.10
Dividend Yield
N/A
Price Target
$82.80

Formula One Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
18.3% Upside
$82.80 Price Target
Short Interest
Healthy
1.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.51mentions of Formula One Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Acquiring Shares
$179.15 M Bought Last Quarter
Proj. Earnings Growth
47.92%
From $0.96 to $1.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.62 out of 5 stars

Consumer Discretionary Sector

134th out of 271 stocks

FWONK stock logo

About Formula One Group Stock (NASDAQ:FWONK)

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One world championship, approximately a nine-month long motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

FWONK Stock Price History

FWONK Stock News Headlines

The 3 Hottest Insiders Buys This Month (FWONK)
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A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Tech GIANT’s Plans to Revolutionize Crypto…
A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024.
Formula One’s growing pains
FWONK May 2024 50.000 put
FWONK Mar 2024 90.000 call
FWONK Mar 2024 70.000 put
FWONK Mar 2024 50.000 call
FWONK Feb 2024 55.000 call
See More Headlines
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Company Calendar

Last Earnings
2/28/2024
Today
5/11/2024
Next Earnings (Estimated)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
N/A
Current Symbol
NASDAQ:FWONK
Fax
N/A
Employees
7,047
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$82.80
High Stock Price Target
$92.00
Low Stock Price Target
$70.00
Potential Upside/Downside
+18.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.22 billion

Miscellaneous

Free Float
N/A
Market Cap
$14.58 billion
Optionable
Optionable
Beta
N/A
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FWONK Stock Analysis - Frequently Asked Questions

Should I buy or sell Formula One Group stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" FWONK shares.
View FWONK analyst ratings
or view top-rated stocks.

What is Formula One Group's stock price target for 2024?

3 Wall Street research analysts have issued 12 month target prices for Formula One Group's stock. Their FWONK share price targets range from $70.00 to $92.00. On average, they expect the company's share price to reach $82.80 in the next year. This suggests a possible upside of 18.3% from the stock's current price.
View analysts price targets for FWONK
or view top-rated stocks among Wall Street analysts.

How have FWONK shares performed in 2024?

Formula One Group's stock was trading at $63.13 at the beginning of 2024. Since then, FWONK stock has increased by 10.9% and is now trading at $70.01.
View the best growth stocks for 2024 here
.

When is Formula One Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 2nd 2024.
View our FWONK earnings forecast
.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONK) released its quarterly earnings results on Wednesday, February, 28th. The company reported $0.25 EPS for the quarter, missing analysts' consensus estimates of $0.31 by $0.06. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.25 billion.

Who are Formula One Group's major shareholders?

Formula One Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Hahn Capital Management LLC (0.02%), Russell Investments Group Ltd. (0.02%), Janney Montgomery Scott LLC (0.01%) and Twin Tree Management LP (0.00%). Insiders that own company stock include Albert E Rosenthaler, Andrea L Wong, Berkshire Hathaway Inc, Brian J Wendling, Brian J Wendling, Gamco Investors, Inc Et Al, Gregory B Maffei, Gregory B Maffei, John C Malone, Larry E Romrell and Malcolm Ian Grant Gilchrist.
View institutional ownership trends
.

How do I buy shares of Formula One Group?

Shares of FWONK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FWONK) was last updated on 5/11/2024 by MarketBeat.com Staff

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