Formula One Group (NASDAQ:FWONA – Free Report) – Equities researchers at Seaport Res Ptn lifted their Q2 2025 earnings per share estimates for shares of Formula One Group in a research report issued on Wednesday, May 7th. Seaport Res Ptn analyst D. Joyce now expects that the company will post earnings per share of $0.52 for the quarter, up from their previous estimate of $0.38. Seaport Res Ptn currently has a “Strong-Buy” rating on the stock. The consensus estimate for Formula One Group’s current full-year earnings is $1.46 per share. Seaport Res Ptn also issued estimates for Formula One Group’s Q4 2025 earnings at $0.24 EPS, FY2025 earnings at $1.20 EPS, Q1 2026 earnings at ($0.42) EPS, Q2 2026 earnings at $0.61 EPS, Q4 2026 earnings at $0.28 EPS and FY2026 earnings at $0.92 EPS.
Other research analysts have also issued research reports about the company. Susquehanna initiated coverage on Formula One Group in a research report on Monday, April 28th. They issued a “positive” rating and a $115.00 target price for the company. Wells Fargo & Company initiated coverage on Formula One Group in a research report on Monday, February 24th. They set an “underweight” rating and a $83.00 price objective for the company. Finally, Guggenheim restated a “buy” rating on shares of Formula One Group in a research report on Monday, March 3rd. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $90.50.
Formula One Group Trading Up 2.7%
Shares of FWONA opened at $88.53 on Monday. The firm has a market cap of $22.07 billion, a price-to-earnings ratio of 76.98 and a beta of 0.40. The stock has a 50 day moving average of $78.74 and a 200-day moving average of $81.98. Formula One Group has a 52 week low of $61.52 and a 52 week high of $95.33.
Formula One Group (NASDAQ:FWONA – Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.05 EPS for the quarter, topping the consensus estimate of $0.02 by $0.03. The firm had revenue of $400.00 million during the quarter, compared to analyst estimates of $440.80 million.
Institutional Trading of Formula One Group
Several hedge funds have recently added to or reduced their stakes in FWONA. Janney Montgomery Scott LLC raised its stake in Formula One Group by 74.0% during the 1st quarter. Janney Montgomery Scott LLC now owns 18,372 shares of the company’s stock valued at $1,497,000 after acquiring an additional 7,811 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Formula One Group by 2.2% during the 1st quarter. Bank of New York Mellon Corp now owns 59,343 shares of the company’s stock valued at $4,835,000 after acquiring an additional 1,300 shares in the last quarter. S&CO Inc. raised its stake in Formula One Group by 1.0% during the 1st quarter. S&CO Inc. now owns 67,554 shares of the company’s stock valued at $5,503,000 after acquiring an additional 660 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Formula One Group by 67.2% during the 4th quarter. Russell Investments Group Ltd. now owns 662 shares of the company’s stock valued at $56,000 after acquiring an additional 266 shares in the last quarter. Finally, FNY Investment Advisers LLC raised its stake in shares of Formula One Group by 25.6% in the 4th quarter. FNY Investment Advisers LLC now owns 779 shares of the company’s stock worth $65,000 after buying an additional 159 shares in the last quarter. Institutional investors own 8.38% of the company’s stock.
Formula One Group Company Profile
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.
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