Formula One Group with ticker code (FWONK) have now 10 analysts in total covering the stock. The consensus rating is pointing to ‘buy’. The range between the high target price and low target price is between $93.00 and $68.00 suggesting an average Analsyt target price of $81.50. Given that the stocks previous close was at $68.75 this would indicate that there is a potential upside of 18.5%. Also worth taking note is the 50 day moving average now sits at $65.11 and the 200 moving average now moves to $67.95. The total market capitalization for the company now stands at 15.82B. The stock price for the company is currently $68.22 USD
The potential market cap would be $18,753,664,212 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 35.53, revenue per share of $11.75 and a 1.21% 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.
