NASDAQ:FWONA

Formula One Group Stock Forecast, Price & News

$36.67

-0.22 (-0.60 %)

(As of 01/22/2021 12:00 AM ET)

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Today's Range

$36.04

Now: $36.67▼

$36.90

50-Day Range

$35.53

MA: $37.78▼

$39.91

52-Week Range

$16.87

Now: $36.67▼

$46.08

Volume181,690 shs

Average Volume194,735 shs

Market Capitalization$8.50 billion

P/E RatioN/A

Dividend YieldN/A

Beta1.27

Formula One Group engages in the motorsports business. It holds commercial rights for the world championship, a motor race-based competition in which teams compete for the constructors' championship and drivers compete for the drivers' championship. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

MarketRank^™

Overall MarketRank^™

1.02 out of 5 stars

Consumer Discretionary Sector

272nd out of 568 stocks

Television Broadcasting Stations Industry

15th out of 28 stocks

2.4 Analyst's Opinion

Consensus Rating
Formula One Group has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 5 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.50, Formula One Group has a forecasted upside of 15.9% from its current price of $36.67.
Amount of Analyst Coverage
Formula One Group has only been the subject of 2 research reports in the past 90 days.

2.1 Community Rank

Outperform Votes
Formula One Group has received 174 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Formula One Group has received 243 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Formula One Group has received 58.27% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Formula One Group and other stocks. Vote “Outperform” if you believe FWONA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe FWONA will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Formula One Group does not currently pay a dividend.
Dividend Growth
Formula One Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Formula One Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.78% of the stock of Formula One Group is held by insiders.
Percentage Held by Institutions
Only 9.81% of the stock of Formula One Group is held by institutions.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Formula One Group is -11.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Formula One Group is -11.11, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Formula One Group has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Television broadcasting stations

Sub-IndustryBroadcasting

SectorConsumer Discretionary

Current SymbolNASDAQ:FWONA

Previous Symbol

CUSIP53122910

CIK1560385

Webwww.libertymedia.com

Phone720-875-5400

Employees4,555

Debt

Debt-to-Equity Ratio0.72

Current Ratio0.85

Quick Ratio0.85

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$2.02 billion

Price / Sales4.20

Cash Flow$3.33 per share

Price / Cash Flow11.00

Book Value$94.65 per share

Price / Book0.39

Profitability

EPS (Most Recent Fiscal Year)($1.35)

Net Income$106 million

Net Margins-64.67%

Return on Equity-3.51%

Return on Assets-1.72%

Miscellaneous

Outstanding Shares231,780,000

Market Cap$8.50 billion

Next Earnings Date2/24/2021 (Estimated)

OptionableOptionable

$36.67

-0.22 (-0.60 %)

(As of 01/22/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Formula One Group (NASDAQ:FWONA) Frequently Asked Questions

How has Formula One Group's stock price been impacted by Coronavirus (COVID-19)?

Formula One Group's stock was trading at $27.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FWONA shares have increased by 34.0% and is now trading at $36.67.
View which stocks have been most impacted by COVID-19.

Is Formula One Group a buy right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Formula One Group stock.
View analyst ratings for Formula One Group or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Formula One Group?

Wall Street analysts have given Formula One Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Formula One Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Formula One Group's next earnings date?

Formula One Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 24th 2021.
View our earnings forecast for Formula One Group.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONA) released its quarterly earnings data on Thursday, November, 5th. The company reported ($0.41) earnings per share for the quarter. The firm earned $597 million during the quarter. Formula One Group had a negative net margin of 64.67% and a negative trailing twelve-month return on equity of 3.51%.
View Formula One Group's earnings history.

What price target have analysts set for FWONA?

7 analysts have issued twelve-month price objectives for Formula One Group's stock. Their forecasts range from $33.00 to $50.00. On average, they anticipate Formula One Group's share price to reach $42.50 in the next twelve months. This suggests a possible upside of 15.9% from the stock's current price.
View analysts' price targets for Formula One Group or view Wall Street analyst' top-rated stocks.

Who are some of Formula One Group's key competitors?

Some companies that are related to Formula One Group include Discovery (DISCA), Nexstar Media Group (NXST), Sinclair Broadcast Group (SBGI), Entercom Communications (ETM), Entravision Communications (EVC), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).
View all of FWONA's competitors.

Who are Formula One Group's key executives?

Formula One Group's management team includes the following people:

Mr. Charles Carey, Chief Exec. Officer (Age 68)

What is Formula One Group's stock symbol?

Formula One Group trades on the NASDAQ under the ticker symbol "FWONA."

Who are Formula One Group's major shareholders?

Formula One Group's stock is owned by many different institutional and retail investors. Top institutional investors include FNY Investment Advisers LLC (0.00%). Company insiders that own Formula One Group stock include Albert E Rosenthaler, Andrea L Wong, Art LP Ancient, Brian J Wendling, Gregory B Maffei, John C Malone, Malcolm Ian Grant Gilchrist, R Ted Weschler and Richard N Baer.
View institutional ownership trends for Formula One Group.

Which institutional investors are buying Formula One Group stock?

FWONA stock was acquired by a variety of institutional investors in the last quarter, including FNY Investment Advisers LLC. Company insiders that have bought Formula One Group stock in the last two years include Art LP Ancient, and R Ted Weschler.
View insider buying and selling activity for Formula One Group or or view top insider-buying stocks.

How do I buy shares of Formula One Group?

Shares of FWONA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Formula One Group's stock price today?

One share of FWONA stock can currently be purchased for approximately $36.67.

How big of a company is Formula One Group?

Formula One Group has a market capitalization of $8.50 billion and generates $2.02 billion in revenue each year. The company earns $106 million in net income (profit) each year or ($1.35) on an earnings per share basis. Formula One Group employs 4,555 workers across the globe.

What is Formula One Group's official website?

The official website for Formula One Group is www.libertymedia.com.

How can I contact Formula One Group?

Formula One Group's mailing address is 12300 LIBERTY BOULEVARD, ENGLEWOOD CO, 80112. The company can be reached via phone at 720-875-5400 or via email at [email protected]

This page was last updated on 1/24/2021 by MarketBeat.com Staff

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