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MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
S&P 500   3,852.36
DOW   32,920.46
QQQ   296.26
Is Buying an Aged Corporation a Good Idea?
The Next Big Crisis Is Here (Ad)
MarketBeat Week in Review – 1/23- 1/27
Lots of sound and fury on US debt, but not a crisis — yet
The Next Big Crisis Is Here (Ad)
Italy's premier visits Libya for talks on energy, migration
Japan firm opens whale meat vending machines to push sales
The Next Big Crisis Is Here (Ad)
Italy, Libya sign $8B gas deal as PM Meloni visits Tripoli
Online system to seek asylum in US is quickly overwhelmed
NASDAQ:FWONK

Formula One Group - FWONK Stock Forecast, Price & News

$70.20
+0.03 (+0.04%)
(As of 01/27/2023 12:00 AM ET)
Add
Compare
Today's Range
$69.77
$70.64
50-Day Range
$57.51
$70.52
52-Week Range
$50.00
$71.17
Volume
544,181 shs
Average Volume
810,123 shs
Market Capitalization
$16.41 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$70.60

Formula One Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
0.6% Upside
$70.60 Price Target
Short Interest
Bearish
3.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Formula One Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.29 M Sold Last Quarter
Proj. Earnings Growth
-11.49%
From $0.87 to $0.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.47 out of 5 stars

Consumer Discretionary Sector

258th out of 276 stocks

Television Broadcasting Stations Industry

13th out of 13 stocks


FWONK stock logo

About Formula One Group (NASDAQ:FWONK) Stock

Formula One Group engages in the motorsports business in the United States and internationally. It holds commercial rights for the 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. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group is a subsidiary of Liberty Media Corporation.

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FWONK Stock News Headlines

Formula One Group (NASDAQ:FWONK) Short Interest Update
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
FIA to explore expansion in Formula 1
Female fans will fuel Formula One in 2023
The Next Big Crisis Is Here
You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.
F1 Cancels 2023 Chinese Grand Prix
The 10 Worst Formula 1 Teams of All Time
See More Headlines
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FWONK Company Calendar

Last Earnings
11/04/2022
Today
1/28/2023
Next Earnings (Confirmed)
3/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Television broadcasting stations
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 Forecast
$70.60
High Stock Price Forecast
$77.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
+0.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$398 million
Pretax Margin
61.21%

Debt

Sales & Book Value

Annual Sales
$2.14 billion
Cash Flow
$3.82 per share
Book Value
$79.02 per share

Miscellaneous

Free Float
223,744,000
Market Cap
$16.41 billion
Optionable
Optionable
Beta
1.08














FWONK Stock - Frequently Asked Questions

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

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

What is Formula One Group's stock price forecast for 2023?

4 brokers have issued twelve-month price targets for Formula One Group's stock. Their FWONK share price forecasts range from $56.00 to $77.00. On average, they expect the company's share price to reach $70.60 in the next year. This suggests a possible upside of 0.6% 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 2023?

Formula One Group's stock was trading at $59.78 at the start of the year. Since then, FWONK stock has increased by 17.4% and is now trading at $70.20.
View the best growth stocks for 2023 here
.

When is Formula One Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 1st 2023.
View our FWONK earnings forecast
.

How can I listen to Formula One Group's earnings call?

Formula One Group will be holding an earnings conference call on Wednesday, March 1st at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONK) released its quarterly earnings data on Friday, November, 4th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.16 by $0.15. The firm had revenue of $715 million for the quarter, compared to analyst estimates of $733.55 million. Formula One Group had a net margin of 1.34% and a trailing twelve-month return on equity of 0.19%.

What is Formula One Group's stock symbol?

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

Who are Formula One Group's major shareholders?

Formula One Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include Hahn Capital Management LLC (0.05%), Norman Fields Gottscho Capital Management LLC (0.04%) and Oregon Public Employees Retirement Fund (0.00%). Insiders that own company stock include Andrea L Wong, Brian J Wendling, Gamco Investors, Inc Et Al 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Formula One Group's stock price today?

One share of FWONK stock can currently be purchased for approximately $70.20.

How much money does Formula One Group make?

Formula One Group (NASDAQ:FWONK) has a market capitalization of $16.41 billion and generates $2.14 billion in revenue each year. The company earns $398 million in net income (profit) each year or ($0.13) on an earnings per share basis.

How many employees does Formula One Group have?

The company employs 7,047 workers across the globe.

How can I contact Formula One Group?

Formula One Group's mailing address is 12300 Liberty Boulevard, Englewood CO, 80112. The official website for the company is www.libertymedia.com. The company can be reached via phone at (720) 875-5400.

This page (NASDAQ:FWONK) was last updated on 1/28/2023 by MarketBeat.com Staff