Seaport Res Ptn Issues Positive Estimate for FWONA Earnings

Formula One Group (NASDAQ:FWONA) – Seaport Res Ptn upped their Q3 2025 earnings per share (EPS) estimates for Formula One Group in a research report issued on Thursday, February 27th. Seaport Res Ptn analyst D. Joyce now expects that the company will earn $0.30 per share for the quarter, up from their previous forecast of $0.23. Seaport Res Ptn currently has a “Hold” 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 FY2029 earnings at $1.25 EPS.

Formula One Group (NASDAQ:FWONA) last posted its quarterly earnings data on Thursday, February 27th. The company reported ($1.03) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($1.46). The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.37 billion.

Other research analysts also recently issued research reports about the company. Benchmark reiterated a “buy” rating and set a $81.00 price target on shares of Formula One Group in a report on Thursday, November 14th. Wells Fargo & Company started coverage on Formula One Group in a report on Monday, February 24th. They issued an “underweight” rating and a $83.00 target price on the stock.

Formula One Group Stock Performance

NASDAQ FWONA opened at $84.09 on Monday. The firm’s 50 day moving average price is $87.02 and its two-hundred day moving average price is $79.31. Formula One Group has a twelve month low of $57.43 and a twelve month high of $95.33. The stock has a market cap of $20.91 billion, a price-to-earnings ratio of 73.12 and a beta of 0.14.

Insider Buying and Selling

In other Formula One Group news, CEO Gregory B. Maffei sold 35,463 shares of Formula One Group stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $71.53, for a total value of $2,536,668.39. Following the completion of the sale, the chief executive officer now directly owns 1,240,785 shares in the company, valued at $88,753,351.05. The trade was a 2.78 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.83% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Integrated Wealth Concepts LLC increased its position in Formula One Group by 4.2% during the third quarter. Integrated Wealth Concepts LLC now owns 7,462 shares of the company’s stock worth $534,000 after buying an additional 300 shares during the last quarter. Lountzis Asset Management LLC acquired a new position in shares of Formula One Group during the 3rd quarter valued at about $220,000. FNY Investment Advisers LLC increased its holdings in shares of Formula One Group by 25.6% during the 4th quarter. FNY Investment Advisers LLC now owns 779 shares of the company’s stock valued at $65,000 after acquiring an additional 159 shares during the last quarter. Finally, Russell Investments Group Ltd. raised its stake in shares of Formula One Group by 67.2% in 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. 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.