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NASDAQ:FWONK

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

Formula One Group logo
$96.07 +1.67 (+1.77%)
Closing price 04:00 PM Eastern
Extended Trading
$96.28 +0.21 (+0.22%)
As of 05:24 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Formula One Group Stock (NASDAQ:FWONK)

Key Stats

Today's Range
$94.62
$96.71
50-Day Range
$84.17
$95.49
52-Week Range
$64.37
$96.89
Volume
632,975 shs
Average Volume
937,590 shs
Market Capitalization
$23.89 billion
P/E Ratio
83.54
Dividend Yield
N/A
Price Target
$98.00
Consensus Rating
Moderate Buy

Company Overview

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.

Formula One Group Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
46th Percentile Overall Score

FWONK MarketRank™: 

Formula One Group scored higher than 46% of companies evaluated by MarketBeat, and ranked 239th out of 294 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Formula One Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Formula One Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about Formula One Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Formula One Group are expected to grow by 2.94% in the coming year, from $1.36 to $1.40 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Formula One Group is 83.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.50.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Formula One Group is 83.54, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.68.

  • Read more about Formula One Group's valuation and earnings.
  • Percentage of Shares Shorted

    1.82% of the outstanding shares of Formula One Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Formula One Group has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Formula One Group has recently decreased by 6.40%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Formula One Group does not currently pay a dividend.

  • Dividend Growth

    Formula One Group does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.82% of the outstanding shares of Formula One Group have been sold short.
  • Short Interest Ratio / Days to Cover

    Formula One Group has a short interest ratio ("days to cover") of 3.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Formula One Group has recently decreased by 6.40%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Formula One Group has a news sentiment score of 0.74. 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 news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 5 news articles for Formula One Group this week, compared to 2 articles on an average week.
  • Search Interest

    3 people have searched for FWONK on MarketBeat in the last 30 days.
  • MarketBeat Follows

    6 people have added Formula One Group to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Formula One Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,612,778.00 in company stock.

  • Percentage Held by Insiders

    Only 4.31% of the stock of Formula One Group is held by insiders.

  • Percentage Held by Institutions

    92.26% 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.

  • Read more about Formula One Group's insider trading history.
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FWONK Stock News Headlines

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FWONK Stock Analysis - Frequently Asked Questions

Formula One Group's stock was trading at $92.66 at the beginning of 2025. Since then, FWONK shares have increased by 3.7% and is now trading at $96.07.
View the best growth stocks for 2025 here
.

Formula One Group (NASDAQ:FWONK) released its quarterly earnings data on Tuesday, November, 12th. The company reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.18. The business earned $848 million during the quarter, compared to analysts' expectations of $837.59 million.

Formula One Group's top institutional investors include Janney Montgomery Scott LLC (0.01%) and Everence Capital Management Inc.. Insiders that own company stock include Berkshire Hathaway Inc, John C Malone, Gregory B Maffei, Albert E Rosenthaler, Andrea L Wong, Gamco Investors, Inc Et Al, Renee L Wilm, Malcolm Ian Grant Gilchrist and Brian J Wendling.
View institutional ownership trends
.

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.

Company Calendar

Last Earnings
11/12/2024
Today
1/30/2025
Next Earnings (Estimated)
2/26/2025
Fiscal Year End
12/31/2025

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
$98.00
High Stock Price Target
$115.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+1.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.60
Research Coverage
5 Analysts

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$3.22 billion

Miscellaneous

Free Float
237,987,000
Market Cap
$23.91 billion
Optionable
Optionable
Beta
0.11

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This page (NASDAQ:FWONK) was last updated on 1/30/2025 by MarketBeat.com Staff
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