Formula One Group Stock Forecast, Price & News

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last twelve months. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Formula One Group stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FWONK, but not buy additional shares or sell existing shares.
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Formula One Group is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
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Formula One Group (NASDAQ:FWONK) released its earnings results on Friday, May, 7th. The company reported ($0.20) earnings per share for the quarter, beating the consensus estimate of ($0.34) by $0.14. The company earned $180 million during the quarter, compared to analyst estimates of $136.93 million. Formula One Group had a negative net margin of 23.25% and a negative trailing twelve-month return on equity of 1.46%.
View Formula One Group's earnings history.

Formula One Group's stock was trading at $28.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, FWONK shares have increased by 58.3% and is now trading at $45.28.
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5 analysts have issued 1 year target prices for Formula One Group's shares. Their forecasts range from $46.00 to $53.00. On average, they anticipate Formula One Group's stock price to reach $48.33 in the next year. This suggests a possible upside of 6.7% from the stock's current price.
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Some companies that are related to Formula One Group include ViacomCBS (VIACA), ViacomCBS (VIAC), FOX (FOXA), FOX (FOX), Formula One Group (FWONA), Formula One Group (FWONB), Grupo Televisa, S.A.B. (TV), Nexstar Media Group (NXST), ProSiebenSat.1 Media (PBSFY), TEGNA (TGNA), Sinclair Broadcast Group (SBGI), Gray Television (GTN), Télévision Française 1 Société anonyme (TVFCF), Gray Television (GTN.A) and The E.W. Scripps (SSP).
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Formula One Group trades on the NASDAQ under the ticker symbol "FWONK."

Formula One Group's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Fairview Capital Investment Management LLC (1.34%), Geode Capital Management LLC (1.10%), Bank of New York Mellon Corp (0.88%), Sumitomo Mitsui Trust Holdings Inc. (0.42%), UBS Asset Management Americas Inc. (0.33%) and California State Teachers Retirement System (0.12%).

FWONK stock was sold by a variety of institutional investors in the last quarter, including New York State Common Retirement Fund, UBS Asset Management Americas Inc., California State Teachers Retirement System, Hahn Capital Management LLC, Gamco Investors INC. ET AL, US Bancorp DE, Panagora Asset Management Inc., and Markston International LLC.

FWONK stock was purchased by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Bank of New York Mellon Corp, Geode Capital Management LLC, Fairview Capital Investment Management LLC, Ameriprise Financial Inc., Greenwood Gearhart Inc., Thompson Siegel & Walmsley LLC, and Schroder Investment Management Group.

Shares of FWONK 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.
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One share of FWONK stock can currently be purchased for approximately $45.28.

Formula One Group has a market capitalization of $10.50 billion and generates $1.15 billion in revenue each year. The company earns $-1,421,000,000.00 in net income (profit) each year or ($2.57) on an earnings per share basis.

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

Formula One Group is headquartered at 12300 Liberty Boulevard, Englewood CO, 80112.

Formula One Group's mailing address is 12300 Liberty Boulevard, Englewood CO, 80112. The company can be reached via phone at 720-875-5400.