Several research firms recently issued reports on FWONA. Zacks Investment Research upgraded Liberty Media Co. - Series A Liberty Formula One from an "equal" rating to a "weight" rating in a report on Tuesday, January 30th. ValuEngine cut Liberty Media from a "hold" rating to a "sell" rating in a research note on Monday, March 19th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company's stock. The company now has a consensus rating of "Buy" and a consensus price target of $43.43.
FWONK traded up $0.48 on Monday, hitting $29.78. The stock had a trading volume of 613,872 shares. Liberty Media has a 1-year low of $28.37 and a 1-year high of $41.14. The stock has a market cap of $13.26 billion and a price-to-earnings ratio of 32.09.
Liberty Media Co. - Series A Liberty Formula One (NASDAQ:FWONA) last posted its quarterly earnings results on Thursday, March 1st. The company reported $1.79 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.45) by $2.24. Analysts predict 60.00 % diference or $-0.88 from the $-0.55 EPS from 2017. Seven Bridges Advisors LLC now owns 5,704 shares of the company's stock valued at $194,000 after buying an additional 666 shares in the last quarter. Finally, Private Management Group Inc. bought a new position in Liberty Sirius XM Group during the third quarter valued at $211,000. Ameriprise Financial Inc. now owns 43,928 shares of the company's stock valued at $1,673,000 after purchasing an additional 38,181 shares during the period. Great West Life Assurance Co. J. Goldman & Co LP raised its stake in shares of Liberty Media by 15.5% in the 4th quarter. Archon Partners LLC increased its stake in shares of Liberty Media Co. Institutional investors and hedge funds own 24.44% of the company's stock. Finally, Barclays set a $30.00 price target on Liberty Media and gave the stock a "hold" rating in a research note on Monday. If you are reading this news story on another domain, it was copied illegally and republished in violation of U.S. & global copyright and trademark legislation.
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Liberty Media Corp. engages in the operation and ownership of various media, communications, and entertainment businesses. Formula One Group was formerly known as The Liberty Media Group.