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Formula One Group (FWONK) Stock Price, News & Analysis

$74.70
-0.74 (-0.98%)
(As of 12:23 PM ET)
Today's Range
$74.70
$76.01
50-Day Range
$72.45
$81.36
52-Week Range
$60.95
$82.23
Volume
248,600 shs
Average Volume
1.19 million shs
Market Capitalization
$15.67 billion
P/E Ratio
54.53
Dividend Yield
N/A
Price Target
$85.00

Formula One Group MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
13.8% Upside
$85.00 Price Target
Short Interest
Healthy
2.08% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$1.80 M Sold Last Quarter
Proj. Earnings Growth
32.65%
From $0.98 to $1.30 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.37 out of 5 stars

Consumer Discretionary Sector

115th out of 266 stocks

FWONK stock logo

About Formula One Group Stock (NASDAQ:FWONK)

Formula One Group, through its subsidiary Formula 1, engages in the motorsports business in the United States and internationally. The company holds commercial rights for the FIA Formula One 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. It is also involved in the operation of the Formula 1 Paddock Club hospitality program; and provision of freight, logistical, and travel related services for the teams and other third parties, as well as the F2 and F3 race series. The company was founded in 1950 and is based in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.

FWONK Stock Price History

FWONK Stock News Headlines

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A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Last Earnings
8/08/2024
Today
9/10/2024
Next Earnings (Estimated)
11/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
N/A
Sub-Industry
Communication
Current Symbol
NASDAQ:FWONK
Fax
N/A
Employees
6,800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$85.00
High Stock Price Target
$90.00
Low Stock Price Target
$80.00
Potential Upside/Downside
+12.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.22 billion

Miscellaneous

Free Float
224,903,000
Market Cap
$15.83 billion
Optionable
Optionable
Beta
N/A
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FWONK Stock Analysis - Frequently Asked Questions

How have FWONK shares performed this year?

Formula One Group's stock was trading at $63.13 at the beginning of the year. Since then, FWONK stock has increased by 18.3% and is now trading at $74.70.
View the best growth stocks for 2024 here
.

How were Formula One Group's earnings last quarter?

Formula One Group (NASDAQ:FWONK) announced its quarterly earnings results on Thursday, August, 8th. The company reported $0.10 earnings per share for the quarter, missing analysts' consensus estimates of $0.32 by $0.22. The business earned $853 million during the quarter, compared to the consensus estimate of $960.45 million.

Who are Formula One Group's major shareholders?

Formula One Group's top institutional shareholders include Greenwood Gearhart Inc. (0.07%), Hahn Capital Management LLC (0.03%), Public Employees Retirement Association of Colorado (0.01%) and Beach Investment Counsel Inc. PA. Insiders that own company stock include Berkshire Hathaway Inc, John C Malone, Albert E Rosenthaler, Andrea L Wong, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FWONK) was last updated on 9/10/2024 by MarketBeat.com Staff

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