NASDAQ:FWONK Formula One Group (FWONK) Stock Price, News & Analysis $74.23 +1.41 (+1.94%) (As of 07/8/2024 ET) Add Compare Share Share Today's Range$72.66▼$74.3250-Day Range$68.95▼$75.5552-Week Range$60.95▼$78.58Volume943,012 shsAverage Volume1.35 million shsMarket Capitalization$17.45 billionP/E Ratio54.18Dividend YieldN/APrice Target$83.60 Stock AnalysisStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Formula One Group alerts: Email Address Formula One Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside12.6% Upside$83.60 Price TargetShort InterestHealthy1.86% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.30Based on 2 Articles This WeekInsider TradingAcquiring Shares$40.30 M Bought Last QuarterProj. Earnings Growth32.50%From $1.20 to $1.59 Per ShareSee Full Details Hide Full Details 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.3.08 out of 5 starsConsumer Discretionary Sector129th out of 257 stocks 2.4 Analyst's Opinion Consensus RatingFormula One Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageFormula One Group has only been the subject of 1 research reports in the past 90 days.Read more about Formula One Group's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.86% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Formula One Group has recently decreased by 1.57%, indicating that investor sentiment is improving. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FWONK. Previous Next 1.8 News and Social Media Coverage News SentimentFormula One Group has a news sentiment score of 0.30. 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 lower news sentiment than the 0.86 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Formula One Group this week, compared to 2 articles on an average week.Search Interest3 people have searched for FWONK on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Formula One Group to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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 127.07% more of their company's stock than they have sold. Specifically, they have bought $40,303,918.00 in company stock and sold $17,749,275.00 in company stock.Percentage Held by Institutions92.26% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Formula One Group are expected to grow by 32.50% in the coming year, from $1.20 to $1.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Formula One Group is 54.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.53.Price to Earnings Ratio vs. SectorThe P/E ratio of Formula One Group is 54.18, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 15.67.Read more about Formula One Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyObama wins Presidential debate When I said Obama would seek a third term… They called me a conspiracy theorist, they said it couldn’t happen, that the 22nd Amendment makes it impossible. But as I explained on live radio years ago, “he could have a proxy… while he remains in control of the administration much like Putin did in Russia.” Please, watch this now before it’s too late. 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.Read More FWONK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FWONK Stock News HeadlinesJune 18, 2024 | insidertrades.comFormula One Group (NASDAQ:FWONK) Major Shareholder Berkshire Hathaway Inc Sells 52,911 SharesJuly 4, 2024 | americanbankingnews.comFormula One Group (NASDAQ:FWONK) Stock Price Passes Above 50-Day Moving Average of $71.74July 9, 2024 | Weiss Ratings (Ad)Next hot AI projects are NOT on the NasdaqNearly 9 out of 10 Americans totally ignore this market. And you’ll probably never hear your broker mention it.May 24, 2024 | markets.businessinsider.comMaintaining Hold on FWONK: Balancing Cooling Sports Rights Market and Slowing Growth ProspectsMay 24, 2024 | msn.comF1 News: Liberty Media CEO Reveals Potential Formula One Expansion in Southeast AsiaMay 21, 2024 | msn.comAndretti Global Signs Former F1 CTO as Bid to Join Formula One Grid ContinuesMay 14, 2024 | finance.yahoo.comLiberty Media Corporation to Hold Virtual Annual Meeting of StockholdersMay 8, 2024 | investorplace.comFWONK Stock Earnings: Liberty Formula One Group Beats EPS, Beats Revenue for Q1 2024July 9, 2024 | Weiss Ratings (Ad)Next hot AI projects are NOT on the NasdaqNearly 9 out of 10 Americans totally ignore this market. And you’ll probably never hear your broker mention it.May 6, 2024 | msn.comHaas F1 Driver Nico Hulkenberg Sets Formula 1 Record for FutilityMay 1, 2024 | msn.comLas Vegas business owner stages one-man protest against F1April 10, 2024 | businesswire.comLiberty Media Corporation Announces First Quarter Earnings Release and Conference CallApril 6, 2024 | morningstar.comLiberty Formula One Group Registered Shs Series -C- Formula OneApril 1, 2024 | investopedia.comF1 Owner Liberty Media Buys MotoGP Rightsholder Dorna Sports in $4.5 Billion DealMarch 31, 2024 | reuters.comF1 owner Liberty Media set to take over MotoGP, Sky reportsMarch 23, 2024 | finance.yahoo.comFormula One Group's (NASDAQ:FWON.K) investors will be pleased with their respectable 99% return over the last five yearsMarch 22, 2024 | msn.comAmid drama around Formula 1, FIA president issues letter to membership defending his leadershipMarch 21, 2024 | msn.comDo You Believe in Formula One Group's (FWONK) Growth Prospects?See More Headlines 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 Company Calendar Last Earnings5/08/2024Today7/09/2024Next Earnings (Estimated)8/02/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorConsumer Discretionary Industry N/A Sub-IndustryN/A Current SymbolNASDAQ:FWONK CUSIPN/A CIK1560385 Webwww.libertymedia.com Phone(720) 875-5400FaxN/AEmployees7,047Year FoundedN/APrice Target and Rating Average Stock Price Target$83.60 High Stock Price Target$92.00 Low Stock Price Target$70.00 Potential Upside/Downside+12.6%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E Ratio54.18 Forward P/E Ratio61.86 P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$3.22 billion Price / Sales5.41 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares235,030,000Free FloatN/AMarket Cap$17.45 billion OptionableOptionable BetaN/A Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Stefano Domenicali (Age 59)President & CEO Key CompetitorsHilton WorldwideNYSE:HLTCharter CommunicationsNASDAQ:CHTRRoyal Caribbean CruisesNYSE:RCLLululemon AthleticaNASDAQ:LULUElectronic ArtsNASDAQ:EAView All CompetitorsInsiders & InstitutionsBeach Investment Counsel Inc. PABought 663 shares on 7/8/2024Ownership: 0.000%Berkshire Hathaway IncSold 52,911 sharesTotal: $1.80 M ($34.06/share)Brian J WendlingSold 145 sharesTotal: $10,179.00 ($70.20/share)Fairview Capital Investment Management LLCSold 27,590 shares on 5/15/2024Ownership: 0.411%Public Employees Retirement Association of ColoradoSold 791 shares on 5/15/2024Ownership: 0.010%View All Insider TransactionsView All Institutional Transactions 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 2024. Since then, FWONK stock has increased by 17.6% and is now trading at $74.23. View the best growth stocks for 2024 here. How were Formula One Group's earnings last quarter? Formula One Group (NASDAQ:FWONK) issued its quarterly earnings results on Wednesday, May, 8th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.21. The company earned $550 million during the quarter, compared to analyst estimates of $591.77 million. Who are Formula One Group's major shareholders? Formula One Group's top institutional investors include 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? 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