FWONA vs. NXST, FOX, FOXA, FWONK, PARAA, VIACA, PARA, MGM, EDR, and SRAD
Should you be buying Formula One Group stock or one of its competitors? The main competitors of Formula One Group include Nexstar Media Group (NXST), FOX (FOX), FOX (FOXA), Formula One Group (FWONK), Paramount Global (PARAA), ViacomCBS (VIACA), Paramount Global (PARA), MGM Resorts International (MGM), Endeavor Group (EDR), and Sportradar Group (SRAD). These companies are all part of the "consumer discretionary" sector.
Formula One Group vs.
Nexstar Media Group (NASDAQ:NXST) and Formula One Group (NASDAQ:FWONA) are both consumer discretionary companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, media sentiment, profitability, community ranking, dividends, analyst recommendations, institutional ownership, earnings and risk.
Nexstar Media Group has a beta of 1.47, suggesting that its share price is 47% more volatile than the S&P 500. Comparatively, Formula One Group has a beta of 1.09, suggesting that its share price is 9% more volatile than the S&P 500.
Nexstar Media Group currently has a consensus target price of $221.40, suggesting a potential upside of 45.16%. Formula One Group has a consensus target price of $69.00, suggesting a potential upside of 7.86%. Given Nexstar Media Group's stronger consensus rating and higher possible upside, equities analysts clearly believe Nexstar Media Group is more favorable than Formula One Group.
94.5% of Nexstar Media Group shares are held by institutional investors. Comparatively, 8.7% of Formula One Group shares are held by institutional investors. 5.0% of Nexstar Media Group shares are held by company insiders. Comparatively, 4.8% of Formula One Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
In the previous week, Nexstar Media Group had 6 more articles in the media than Formula One Group. MarketBeat recorded 7 mentions for Nexstar Media Group and 1 mentions for Formula One Group. Formula One Group's average media sentiment score of 1.87 beat Nexstar Media Group's score of 0.68 indicating that Formula One Group is being referred to more favorably in the news media.
Formula One Group has a net margin of 18.66% compared to Nexstar Media Group's net margin of 15.80%. Nexstar Media Group's return on equity of 33.29% beat Formula One Group's return on equity.
Formula One Group has lower revenue, but higher earnings than Nexstar Media Group. Nexstar Media Group is trading at a lower price-to-earnings ratio than Formula One Group, indicating that it is currently the more affordable of the two stocks.
Nexstar Media Group received 326 more outperform votes than Formula One Group when rated by MarketBeat users. Likewise, 71.81% of users gave Nexstar Media Group an outperform vote while only 58.01% of users gave Formula One Group an outperform vote.
Summary
Nexstar Media Group beats Formula One Group on 13 of the 18 factors compared between the two stocks.
New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding FWONA and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartMedia Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FWONA vs. The Competition
Formula One Group Competitors List
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