Formula One Group which can be found using ticker (FWONK) have now 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 90 and 68 with the average target price sitting at $82.71. Now with the previous closing price of $70.17 and the analysts are correct then there would likely be a percentage uptick in value of 17.9%. The 50 day MA is $73.26 and the 200 moving average now moves to $67.89. The total market capitalization for the company now stands at 16.13B. The stock price for the company is currently is currently 69.65 USD
The potential market cap would be $19,015,816,802 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 37.65, revenue per share of 11 and a 0.95% return on assets.
Liberty Media Corporation operates and owns interests in a range of media, communications and entertainment businesses. The Company’s businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group. The Company operates through two segments. Sirius XM Holdings segment operates two complementary audio entertainment businesses, Sirius XM and Pandora and Off-platform. Sirius XM features music, sports, entertainment, comedy, talk, news, traffic and weather channels and other content, as well as podcasts and infotainment services, in the U.S. on a subscription fee basis. The Pandora and Off-platform business operates a music, comedy and podcast streaming platform. Formula 1 segment is a global motorsports business that holds commercial rights with respect to the World Championship, an annual, approximately nine-month long, motor race-based competition.
