NASDAQ:FWONK Formula One Group Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Formula One Group Please log in to your account or sign up in order to add this asset to your watchlist. $62.17 -1.30 (-2.05%) (As of 07/1/2022 08:44 PM ET) Add Compare Share Today's Range$62.06▼$64.3150-Day Range$55.59▼$66.6352-Week Range$45.74▼$71.17Volume955,400 shsAverage Volume1.29 million shsMarket Capitalization$14.37 billionP/E RatioN/ADividend YieldN/APrice Target$62.67 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Formula One Group MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside0.8% Upside$62.67 Price TargetShort InterestHealthy5.34% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.94Based on 4 Articles This WeekInsider TradingAcquiring Shares$378.85 K Bought Last QuarterProj. Earnings GrowthGrowingFrom ($0.04) to $0.58 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.1.62 out of 5 starsConsumer Discretionary Sector230th out of 398 stocksTelevision Broadcasting Stations Industry10th out of 21 stocks 1.3 Analyst's Opinion Consensus RatingFormula One Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $62.67, Formula One Group has a forecasted upside of 0.8% from its current price of $62.17.Amount of Analyst CoverageFormula One Group has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted5.34% of the float of Formula One Group has been sold short.Short Interest Ratio / Days to CoverFormula One Group has a short interest ratio ("days to cover") of 8.5.Change versus previous monthShort interest in Formula One Group has recently decreased by 5.70%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldFormula One Group does not currently pay a dividend.Dividend GrowthFormula One Group does not have a long track record of dividend growth. Previous Next 0.0 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWONK. Previous Next 3.3 News and Social Media Coverage News SentimentFormula One Group has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Formula One Group this week, compared to 0 articles on an average week.Search Interest2 people have searched for FWONK on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Formula One Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Formula One Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $378,850.00 in company stock and sold $0.00 in company stock.Percentage Held by Institutions89.48% of the stock of Formula One Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Formula One Group are expected to grow in the coming year, from ($0.04) to $0.58 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Formula One Group is -80.74, 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. SectorThe P/E ratio of Formula One Group is -80.74, 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 RatioFormula One Group has a P/B Ratio of 0.79. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FWONK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Formula One Group and its competitors with MarketBeat's FREE daily newsletter. Email Address About Formula One Group (NASDAQ:FWONK) StockFormula 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.Read More FWONK Stock News HeadlinesJuly 1, 2022 | americanbankingnews.comFormula One Group (NASDAQ:FWONK) Major Shareholder Gamco Investors, Inc. Et Al Buys 2,000 SharesJune 26, 2022 | americanbankingnews.comFormula One Group (NASDAQ:FWONK) Stock Price Passes Below 50-Day Moving Average of $62.20June 22, 2022 | americanbankingnews.comBrokerages Set Formula One Group (NASDAQ:FWONK) Target Price at $62.67June 21, 2022 | finance.yahoo.comFWONK Jun 2022 70.000 callJune 17, 2022 | americanbankingnews.comMorgan Stanley Upgrades Formula One Group (NASDAQ:FWONK) to "Overweight"June 15, 2022 | markets.businessinsider.comWhere Liberty Formula One Group Stands With AnalystsJune 15, 2022 | americanbankingnews.comFormula One Group (NASDAQ:FWONK) Receives Average Recommendation of "Hold" from BrokeragesJune 15, 2022 | americanbankingnews.comAnalysts Set Formula One Group (NASDAQ:FWONK) PT at $60.33June 9, 2022 | msn.comICYMI: How One Part Of Max Verstappen's Contract Could Change Formula 1 ForeverJune 9, 2022 | seekingalpha.comFormula One Group: Great Cash Generator, But Hard To See Where It GoesMay 26, 2022 | nasdaq.comF1 Stock Was Surging — Should You Invest?May 23, 2022 | nasdaq.comComparing XRP Versus Liberty Formula One Group Reveals New HighMay 16, 2022 | seekingalpha.comEminence Capital exits Peloton, Cano Health, Radius Global in Q1May 9, 2022 | markets.businessinsider.com4 Analysts Have This to Say About Liberty Formula One GroupMay 3, 2022 | ca.finance.yahoo.com2022 Media for Liberty Award Honors Susan Page, Washington Bureau Chief of USA TodayMay 2, 2022 | benzinga.comMorgan Stanley Maintains Equal-Weight on Liberty Formula One Group, Raises Price Target to $65April 26, 2022 | benzinga.comRosenblatt Initiates Coverage On Liberty Formula One Group with Buy Rating, Announces Price Target of $81March 17, 2022 | markets.businessinsider.comFormula 1 and Tata Communications announce multi-year strategic collaborationFebruary 25, 2022 | msn.comHow The Sports World Is Reacting To The Russia-Ukraine ConflictFebruary 21, 2022 | morningstar.comLiberty Formula One Group C FWONKFebruary 16, 2022 | apnews.comFormula 1® Crypto.com Miami Grand Prix Announces Hard Rock® as First Founding PartnerFebruary 16, 2022 | msn.comRed Bull Formula One Team Signs Cryptocurrency Deal With Bybit: Here Are The DetailsFebruary 11, 2022 | finance.yahoo.comIs Formula One Group (NASDAQ:FWON.K) Expensive For A Reason? A Look At Its Intrinsic ValueFebruary 6, 2022 | finance.yahoo.comWere Hedge Funds Illusioned With The Liberty SiriusXM Group (LSXMA)?January 28, 2022 | seekingalpha.comFormula One Group: Cash Is KingSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Television broadcasting stations Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:FWONK CUSIPN/A CIK1560385 Webwww.libertymedia.com Phone(720) 875-5400FaxN/AEmployees7,047Year FoundedN/ACompany Calendar Last Earnings5/06/2022Today7/03/2022Next Earnings (Estimated)8/05/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$62.67 High Stock Price Forecast$81.00 Low Stock Price Forecast$38.00 Forecasted Upside/Downside+0.8%Consensus RatingModerate Buy Rating Score (0-4)2.5 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)($0.77) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$398 million Net Margins-7.73% Pretax Margin57.43% Return on Equity-0.97% Return on Assets-0.40% Debt Debt-to-Equity Ratio0.92 Current Ratio0.81 Quick Ratio0.81 Sales & Book Value Annual Sales$2.14 billion Price / Sales6.73 Cash Flow$3.82 per share Price / Cash Flow16.29 Book Value$79.02 per share Price / Book0.79Miscellaneous Outstanding Shares231,103,000Free FloatN/AMarket Cap$14.37 billion OptionableOptionable Beta1.15 Formula One Group Frequently Asked Questions Should I buy or sell Formula One Group stock right now? 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Formula One Group in the last year. There are currently 1 sell rating, 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" Formula One Group stock. View analyst ratings for Formula One Group or view top-rated stocks. What is Formula One Group's stock price forecast for 2022? 6 analysts have issued 1 year target prices for Formula One Group's stock. Their FWONK stock forecasts range from $38.00 to $81.00. On average, they expect Formula One Group's share price to reach $62.67 in the next twelve months. This suggests a possible upside of 0.8% from the stock's current price. View analysts' price targets for Formula One Group or view top-rated stocks among Wall Street analysts. How has Formula One Group's stock price performed in 2022? Formula One Group's stock was trading at $63.24 on January 1st, 2022. Since then, FWONK stock has decreased by 1.7% and is now trading at $62.17. View the best growth stocks for 2022 here. When is Formula One Group's next earnings date? Formula One Group is scheduled to release its next quarterly earnings announcement on Friday, August 5th 2022. View our earnings forecast for Formula One Group. How were Formula One Group's earnings last quarter? Formula One Group (NASDAQ:FWONK) issued its earnings results on Friday, May, 6th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.13) by $0.02. The company earned $360 million during the quarter, compared to analysts' expectations of $291.56 million. Formula One Group had a negative trailing twelve-month return on equity of 0.97% and a negative net margin of 7.73%. View Formula One Group's earnings history. 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 69) Who are some of Formula One Group's key competitors? Some companies that are related to Formula One Group include FOX (FOXA), Paramount Global (PARAA), ViacomCBS (VIACA), FOX (FOX), Paramount Global (PARA), Formula One Group (FWONB), Formula One Group (FWONA), Nexstar Media Group (NXST), TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), ProSiebenSat.1 Media (PBSFY), Gray Television (GTN), Sinclair Broadcast Group (SBGI), Gray Television (GTN.A) and E.W. Scripps (SSP). View all of FWONK's competitors. What is Formula One Group's stock symbol? Formula One Group trades on the NASDAQ under the ticker symbol "FWONK." How do I buy shares of Formula One 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. Compare Top Brokerages Here. What is Formula One Group's stock price today? One share of FWONK stock can currently be purchased for approximately $62.17. How much money does Formula One Group make? Formula One Group (NASDAQ:FWONK) has a market capitalization of $14.37 billion and generates $2.14 billion in revenue each year. The company earns $398 million in net income (profit) each year or ($0.77) on an earnings per share basis. How many employees does Formula One Group have? Formula One Group 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 Formula One Group is www.libertymedia.com. The company can be reached via phone at (720) 875-5400. This page (NASDAQ:FWONK) was last updated on 7/4/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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