FWONK vs. SPOT, AMX, CHT, WBD, TEF, FOXA, VOD, BCE, FOX, and TU
Should you be buying Formula One Group stock or one of its competitors? The main competitors of Formula One Group include Spotify Technology (SPOT), América Móvil (AMX), Chunghwa Telecom (CHT), Warner Bros. Discovery (WBD), Telefónica (TEF), FOX (FOXA), Vodafone Group Public (VOD), BCE (BCE), FOX (FOX), and TELUS (TU). These companies are all part of the "communication" industry.
Formula One Group vs.
Spotify Technology (NYSE:SPOT) and Formula One Group (NASDAQ:FWONK) are both large-cap business services companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, media sentiment, profitability, community ranking, dividends, analyst recommendations, institutional ownership, earnings and risk.
Formula One Group has lower revenue, but higher earnings than Spotify Technology. Formula One Group is trading at a lower price-to-earnings ratio than Spotify Technology, indicating that it is currently the more affordable of the two stocks.
Spotify Technology received 178 more outperform votes than Formula One Group when rated by MarketBeat users. Likewise, 62.23% of users gave Spotify Technology an outperform vote while only 57.44% of users gave Formula One Group an outperform vote.
Spotify Technology currently has a consensus target price of $441.21, suggesting a potential downside of 9.23%. Formula One Group has a consensus target price of $98.00, suggesting a potential upside of 7.46%. Given Formula One Group's higher possible upside, analysts clearly believe Formula One Group is more favorable than Spotify Technology.
In the previous week, Spotify Technology had 37 more articles in the media than Formula One Group. MarketBeat recorded 38 mentions for Spotify Technology and 1 mentions for Formula One Group. Spotify Technology's average media sentiment score of 0.96 beat Formula One Group's score of -1.00 indicating that Spotify Technology is being referred to more favorably in the media.
Spotify Technology has a beta of 1.62, suggesting that its share price is 62% more volatile than the S&P 500. Comparatively, Formula One Group has a beta of 0.11, suggesting that its share price is 89% less volatile than the S&P 500.
Spotify Technology has a net margin of 4.66% compared to Formula One Group's net margin of 0.00%. Spotify Technology's return on equity of 19.07% beat Formula One Group's return on equity.
84.1% of Spotify Technology shares are held by institutional investors. Comparatively, 92.3% of Formula One Group shares are held by institutional investors. 0.4% of Spotify Technology shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Summary
Spotify Technology beats Formula One Group on 14 of the 18 factors compared between the two stocks.
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New MarketBeat Followers Over Time
This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Media Sentiment Over Time
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NASDAQ:FWONK) was last updated on 1/20/2025 by MarketBeat.com Staff
