FWONA - Formula One Group

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
30.94
-0.76 (-2.40%)
At close: 4:00PM EDT
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Price Crosses Moving Average

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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close31.70
Open31.86
Bid0.00 x 1300
Ask0.00 x 1300
Day's Range30.86 - 32.67
52 Week Range16.87 - 46.52
Volume106,191
Avg. Volume225,567
Market Cap7.682B
Beta (5Y Monthly)1.26
PE Ratio (TTM)N/A
EPS (TTM)-2.18
Earnings DateAug 06, 2019 - Aug 12, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est42.95
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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    Business Wire

    Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call

    Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call

  • Liberty Media Corporation Announces Quarterly Interest Payment and Excess Regular Cash Dividend Amount on 2.25% Exchangeable Senior Debentures Due 2046
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    Liberty Media Corporation Announces Quarterly Interest Payment and Excess Regular Cash Dividend Amount on 2.25% Exchangeable Senior Debentures Due 2046

    Liberty Media Announces Quarterly Interest Payment and Excess Regular Cash Dividend Amount on 2.25% Exchangeable Senior Debentures Due 2046

  • Liberty Media Announces Amendment to Formula 1 Financial Covenant
    Business Wire

    Liberty Media Announces Amendment to Formula 1 Financial Covenant

    Liberty Media Announces Amendment to Formula 1 Financial Covenant

  • AWS and Formula 1 Announce New Racing Performance Stats for 2020 Season
    Business Wire

    AWS and Formula 1 Announce New Racing Performance Stats for 2020 Season

    Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), and Formula 1 (F1) (NASDAQ: FWONA, FWONK) are introducing six new, real-time racing statistics that will roll out through the 2020 season, beginning with the launch of "Car Performance Scores" at the season opening Grand Prix in Spielberg, Austria July 3-5. "Car Performance Scores" isolate an individual car’s performance and allows race fans to compare its performance to that of different vehicles head-to-head. The new set of statistics to be released this season will use a range of AWS services, including machine learning, to give fans the ability to compare their favorite drivers and cars and better predict race outcomes. Learn more at: https://aws.amazon.com/f1/.

  • Liberty Media Corporation Announces Completion of Rights Offering
    Business Wire

    Liberty Media Corporation Announces Completion of Rights Offering

    Liberty Media Corporation Announces Completion of Rights Offering

  • Warren Buffett's Berkshire Hathaway Boosts Liberty SiriusXM Stake
    Benzinga

    Warren Buffett's Berkshire Hathaway Boosts Liberty SiriusXM Stake

    After Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) came under the spotlight for disclosing it sold stock in Delta Air Lines Inc (NYSE: DAL), Southwest Airlines Co (NYSE: LUV) and other airlines, Warren Buffett has made a few new, lesser-known investments.What's Going On?Since the end of May, Berkshire Hathaway increased its stake in Liberty SiriusXM Group (NASDAQ: LSXMK), in 300,000 share chunks."ORTEX Analytics insider data shows that Berkshire Hathaway has since the 21st of May bought almost 4.4 million shares in Liberty Media for just over $151 million," ORTEX Analytics co-founder Peter Hillerberg told Benzinga. "Last time Berkshire Hathaway was buying Liberty Media, in May 2017, they saw a return of almost 20% in the next two months."Image showing Berkshire Hathaway's historical purchases in Liberty Sirius XM Group.Additionally, short-interest data provided by ORTEX also shows that shares on loan, an indication of how short investors are, fell sharply after Buffet's firm began buying shares of the company.Image showing Liberty Sirius XM Group short-interest data.Context And Action On May 20, Morgan Stanley lowered its price target on Liberty SiriusXM Group while maintaining an Overweight rating on the stock. The rating adjustment came alongside news that the company strengthened its balance sheet in the first quarter of 2020."We are operating in unprecedented times, impacting the Liberty portfolio across the globe. Our companies in the live event space have been working with players, teams, bands, fans, and government authorities to operate during social distancing and safely provide unique and engaging experiences," Liberty Media President and CEO Greg Maffei said in a statement on the firm's first-quarter 2020 financial results."We were pleased to complete the reattribution between Formula One Group and Liberty SiriusXM Group in April. Liberty SiriusXM now includes Live Nation, a complementary business and an established leader in the entertainment space. SiriusXM posted solid first-quarter results and the business is proving resilient. Formula One Group has a strengthened balance sheet which will enable us to enhance the F1 business and be opportunistic."To learn more about this development and get access to similar insights, click here to visit ORTEX Analytics.Photo credit: Fortune Live Media, FlickrSee more from Benzinga * Forbes, Rocket Mortgage By Quicken Loans Launch 'Under 30 Detroit Hackathon': 'Regroup, Reset And Reimagine' * Mobile Bank Varo Raises 1M To Fuel Growth, Financial Innovation * StartEngine Onboards Kevin O'Leary, Extends Equity Crowdfunding To General Public(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Formula One Group (FWONK): Hedge Funds In Wait-and-See Mode
    Insider Monkey

    Formula One Group (FWONK): Hedge Funds In Wait-and-See Mode

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Notable Insider Buys: Avis, Dynavax And Formula One
    Benzinga

    Notable Insider Buys: Avis, Dynavax And Formula One

    * Insider buying can be an encouraging signal for potential investors. * Beneficial owner Berkshire Hathaway made a huge purchase last week. * A director took advantage of a coronavirus vaccine contender's secondary offering.Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly during periods of uncertainty.Insiders continued to add shares despite overall market volatility and global economic gloom. Here are some of the most noteworthy insider purchases reported in the past week.Formula One Group Liberty Media Formula One (NASDAQ: FWONA) saw 10% owner Berkshire Hathaway Inc. (NYSE: BRK-A) add nearly 3.17 million shares of this motorsport company to its stake. At per-share prices ranging from $33.07 to $37.05, that totaled almost $112.42 million.Shares of this Liberty Media subsidiary popped more than 9% in last week's trading to end at $33.82 apiece, within the purchase price range above. The share price is up about 75% since its year-to-date low during the pandemic panic selling back in March. The analysts' consensus target price is up at $45.53.Avis Budget Beneficial owner SRS Investment Management purchased almost 500,000 Avis Budget Group Inc. (NASDAQ: CAR) shares of this New Jersey-based company last week. Share prices ranged from $18.57 to $20.59 apiece, and the total for these transactions was more than $9.88 million.Competitor Hertz Global recently filed for bankruptcy and will be delisted from the New York Stock Exchange. Avis shares ended last week up nearly 29% to $21.53, above the purchase prices mentioned above. The share price is more than 77% higher since its year-to-date low in March.See Also: What You Need To Know About Moderna's Insider SellingDynavax A Dynavax Technologies Corporation (NASDAQ: DVAX) director took advantage of a secondary offering last week. He indirectly bought a million shares for $5 apiece, which cost him $5 million. He is also a director at Mersana Therapeutics Inc (NASDAQ: MRSN) and bought more than 3 million of those shares back in April.Dynavax is among those companies in a race for a vaccine for COVID-19. Its shares soared more than 19% last week and closed most recently at $6.12 a share. It's now about 154% higher than the year-to-date low in March. The consensus price target is up at $16, though only two analysts were surveyed.In addition, note that there was some amount of insider buying at Green Dot Corporation (NYSE: GDOT), Jazz Pharmaceuticals PLC (NASDAQ: JAZZ) and Royal Caribbean Cruises Ltd (NYSE: RCL) last week as well.See more from Benzinga * Benzinga's Bulls And Bears Of The Week: Amazon, Disney, Netflix And More * Notable Insider Buys This Past Week: Berkshire Hathaway, Sysco And More * Barron's Picks And Pans: Dropbox, Slack, Starbucks And More(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Thomson Reuters StreetEvents

    Edited Transcript of FWONA earnings conference call or presentation 7-May-20 2:00pm GMT

    Q1 2020 Liberty Media Corp Earnings Call

  • Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders
    Business Wire

    Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders

    Liberty Media Corporation to Hold Virtual Annual Meeting of Stockholders

  • Liberty Media Corporation (LSXMA) Q1 2020 Earnings Call Transcript
    Motley Fool

    Liberty Media Corporation (LSXMA) Q1 2020 Earnings Call Transcript

    LSXMA earnings call for the period ending March 31, 2020.

  • Liberty Media Corporation Reports First Quarter 2020 Financial Results
    Business Wire

    Liberty Media Corporation Reports First Quarter 2020 Financial Results

    Liberty Media Corporation Reports First Quarter 2020 Financial Results

  • Liberty Media Corporation Announces Reattribution of Live Nation Interest and Other Assets and Liabilities between the Formula One Group and the Liberty SiriusXM Group, Creating More Focused Tracking Stock Groups
    Business Wire

    Liberty Media Corporation Announces Reattribution of Live Nation Interest and Other Assets and Liabilities between the Formula One Group and the Liberty SiriusXM Group, Creating More Focused Tracking Stock Groups

    Liberty Media Corporation Announces Reattribution between Formula One Group and Liberty SiriusXM Group. Liberty SiriusXM Announces Rights Offering.

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  • Is Formula One Group (FWONA) Going to Burn These Hedge Funds?
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    Is Formula One Group (FWONA) Going to Burn These Hedge Funds?

    We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]

  • Liberty Media Corporation Announces Full Repayment of Live Nation Margin Loan
    Business Wire

    Liberty Media Corporation Announces Full Repayment of Live Nation Margin Loan

    Liberty Media Corporation Announces Full Repayment of Live Nation Margin Loan

  • Do Hedge Funds Love Liberty Media Corporation (FWONK)?
    Insider Monkey

    Do Hedge Funds Love Liberty Media Corporation (FWONK)?

    Coronavirus is probably the 1 concern in investors' minds right now. It should be. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW. We predicted that a US recession is imminent and US stocks will go down by at least 20% in the next 3-6 […]

  • Coronavirus forced Formula One to cancel the Australian Grand Prix and its stock has dropped 45%
    Quartz

    Coronavirus forced Formula One to cancel the Australian Grand Prix and its stock has dropped 45%

    The stock is now trading below the price at the time of Liberty Media's purchase.

  • Thomson Reuters StreetEvents

    Edited Transcript of FWONA earnings conference call or presentation 26-Feb-20 3:00pm GMT

    Q4 2019 Liberty Media Corp and Liberty Tripadvisor Holdings Inc Earnings Call

  • Liberty Media Corporation to Present at Deutsche Bank Media, Internet and Telecom Conference
    Business Wire

    Liberty Media Corporation to Present at Deutsche Bank Media, Internet and Telecom Conference

    Liberty Media Corporation to Present at Deutsche Bank Media, Internet and Telecom Conference

  • TheStreet.com

    DOJ Reportedly May Challenge Liberty Media's Acquisition of iHeartMedia

    The Department of Justice may challenge Liberty Media's attempt to acquire iHeartMedia, a report says.

  • Liberty Media Corporation (FWONK) vs. Top 20 Hedge Fund Stocks in 2019
    Insider Monkey

    Liberty Media Corporation (FWONK) vs. Top 20 Hedge Fund Stocks in 2019

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]

  • Do Hedge Funds Love Formula One Group (FWONA)?
    Insider Monkey

    Do Hedge Funds Love Formula One Group (FWONA)?

    Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of […]

  • Formula One Group (FWONK): Hedge Funds Cashing Out As The Stock Price Climbs
    Insider Monkey

    Formula One Group (FWONK): Hedge Funds Cashing Out As The Stock Price Climbs

    Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 of 2018 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat […]