Formula One Group (NASDAQ:FWONA - Free Report) - Equities researchers at Seaport Res Ptn raised their Q2 2025 earnings per share estimates for shares of Formula One Group in a research report issued on Wednesday, May 7th. Seaport Res Ptn analyst D. Joyce now forecasts that the company will post earnings of $0.52 per share for the quarter, up from their prior estimate of $0.38. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for Formula One Group's current full-year earnings is $1.46 per share. Seaport Res Ptn also issued estimates for Formula One Group's Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at ($0.42) EPS, Q2 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $0.92 EPS.
Formula One Group (NASDAQ:FWONA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. The company had revenue of $400.00 million for the quarter, compared to the consensus estimate of $440.80 million.
Several other research analysts also recently weighed in on the company. Guggenheim restated a "buy" rating on shares of Formula One Group in a research note on Monday, March 3rd. Wells Fargo & Company began coverage on Formula One Group in a research note on Monday, February 24th. They issued an "underweight" rating and a $83.00 price target for the company. Finally, Susquehanna started coverage on Formula One Group in a research note on Monday, April 28th. They issued a "positive" rating and a $115.00 price target for the company. One equities research analyst has rated the stock with a sell rating, four have issued a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $90.50.
Read Our Latest Stock Analysis on FWONA
Formula One Group Stock Up 0.4%
FWONA stock traded up $0.39 during midday trading on Monday, hitting $89.12. The company's stock had a trading volume of 10,836 shares, compared to its average volume of 111,165. Formula One Group has a 12 month low of $63.01 and a 12 month high of $95.33. The firm has a market capitalization of $22.21 billion, a price-to-earnings ratio of 77.57 and a beta of 0.40. The company has a 50 day moving average of $79.08 and a two-hundred day moving average of $82.13.
Insider Transactions at Formula One Group
In related news, Director Chase Carey sold 100,000 shares of the stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of $96.38, for a total transaction of $9,638,000.00. Following the sale, the director now owns 93,102 shares in the company, valued at approximately $8,973,170.76. This represents a 51.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 2.97% of the company's stock.
Institutional Trading of Formula One Group
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. FNY Investment Advisers LLC increased its stake in Formula One Group by 25.6% in the fourth quarter. FNY Investment Advisers LLC now owns 779 shares of the company's stock worth $65,000 after purchasing an additional 159 shares during the period. Russell Investments Group Ltd. increased its stake in Formula One Group by 28.9% in the first quarter. Russell Investments Group Ltd. now owns 853 shares of the company's stock worth $69,000 after purchasing an additional 191 shares during the period. S&CO Inc. increased its stake in Formula One Group by 1.0% in the first quarter. S&CO Inc. now owns 67,554 shares of the company's stock worth $5,503,000 after purchasing an additional 660 shares during the period. Quantbot Technologies LP increased its stake in Formula One Group by 61.6% in the first quarter. Quantbot Technologies LP now owns 2,404 shares of the company's stock worth $196,000 after purchasing an additional 916 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in Formula One Group by 2.2% in the first quarter. Bank of New York Mellon Corp now owns 59,343 shares of the company's stock worth $4,835,000 after purchasing an additional 1,300 shares during the period. Hedge funds and other institutional investors own 8.38% of the company's stock.
About Formula One Group
(
Get Free Report)
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.
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