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The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
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S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Is the Market Overreacting with Shopify Stock?
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
MO Money: Why Altria Group Stock is Rallying
British pound plunges to new low as tax cuts spark concern
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
US stocks slip deeper into a slump as recession fears grow
Lights out, ovens off: Europe preps for winter energy crisis
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Is the Market Overreacting with Shopify Stock?
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
MO Money: Why Altria Group Stock is Rallying
British pound plunges to new low as tax cuts spark concern
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
US stocks slip deeper into a slump as recession fears grow
Lights out, ovens off: Europe preps for winter energy crisis
S&P 500   3,655.04
DOW   29,260.81
QQQ   274.37
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
Three Consumer Stocks That Could Outperform In Q4 
Is the Market Overreacting with Shopify Stock?
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
MO Money: Why Altria Group Stock is Rallying
British pound plunges to new low as tax cuts spark concern
The "Green Revolution" Creates Massive Opportunity For Investors (Ad)
US stocks slip deeper into a slump as recession fears grow
Lights out, ovens off: Europe preps for winter energy crisis
NASDAQ:FWONK

Formula One Group - FWONK Stock Forecast, Price & News

$58.00
+0.09 (+0.16%)
(As of 09/26/2022 12:00 AM ET)
Add
Compare
Today's Range
$57.71
$59.06
50-Day Range
$57.91
$69.88
52-Week Range
$50.50
$71.17
Volume
680,719 shs
Average Volume
1.00 million shs
Market Capitalization
$13.51 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$73.20

Formula One Group MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
26.2% Upside
$73.20 Price Target
Short Interest
Healthy
5.37% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.56mentions of Formula One Group in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$123,976 Bought Last Quarter
Proj. Earnings Growth
71.05%
From $0.38 to $0.65 Per Share

Overall MarketRank

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

2.62 out of 5 stars

Consumer Discretionary Sector

97th out of 274 stocks

Television Broadcasting Stations Industry

6th out of 14 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

The 10 Worst Formula 1 Teams of All Time
Formula One Group: Ready To Overtake The Competition
Formula One Group (FWONK)
Formula One’s forgotten gay pioneer
FWONK Jun 2022 70.000 call
Where Liberty Formula One Group Stands With Analysts
See More Headlines
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FWONK Company Calendar

Last Earnings
8/05/2022
Today
9/27/2022
Next Earnings (Estimated)
11/03/2022
Fiscal Year End
12/31/2022

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
$73.20
High Stock Price Forecast
$81.00
Low Stock Price Forecast
$56.00
Forecasted Upside/Downside
+26.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$398 million
Pretax Margin
62.68%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
N/A
Market Cap
$13.51 billion
Optionable
Optionable
Beta
1.15














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 twelve months. 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 2022?

4 brokers have issued 1-year target prices for Formula One Group's shares. Their FWONK share price forecasts range from $56.00 to $81.00. On average, they predict the company's share price to reach $73.20 in the next twelve months. This suggests a possible upside of 26.2% 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 2022?

Formula One Group's stock was trading at $63.24 at the start of the year. Since then, FWONK shares have decreased by 8.3% and is now trading at $58.00.
View the best growth stocks for 2022 here
.

When is Formula One Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our FWONK earnings forecast
.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONK) announced its quarterly earnings results on Friday, August, 5th. The company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.15 by $0.20. The business had revenue of $744 million for the quarter, compared to the consensus estimate of $685.34 million. Formula One Group had a negative net margin of 4.81% and a negative trailing twelve-month return on equity of 0.67%.

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 a variety of retail and institutional investors. Top institutional investors include Driehaus Capital Management LLC (0.33%), UBS Asset Management Americas Inc. (0.24%), Sumitomo Mitsui Trust Holdings Inc. (0.23%), Greenwood Gearhart Inc. (0.07%), Hahn Capital Management LLC (0.06%) and S&CO Inc. (0.05%).
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 $58.00.

How much money does Formula One Group make?

Formula One Group (NASDAQ:FWONK) has a market capitalization of $13.51 billion and generates $2.14 billion in revenue each year. The company earns $398 million in net income (profit) each year or ($0.66) 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 9/27/2022 by MarketBeat.com Staff

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