FWONK stock: buy or sell?
September 20th, 2019
Formula One Group, through its subsidiaries, engages in the media and entertainment businesses in North America. Formula One Group was formerly known as The Liberty Media Group.
Should I buy FWONK stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with Liberty Media stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Liberty Media stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we found 1 rating published for FWONK stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-15||JPMorgan Chase & Co.||Neutral||Overweight|
FWONK stock analysis
Liberty Media escalated a pretty good 2.28% and closed at $42.14.
Liberty Media shares escalated 2.28% to $42.14 today. Since May when SMA100d and SMA200d crossed up, FWONK price gained $3.90 per share (10.20%). On September 9th, FWONK hit a new all time high, pushing higher than on Sep/6 tops. Check different trading setups that use ATHs as triggers. On August FWONK price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Shares of Liberty Media closed this week at $42.14 and declined a bad -0.47%. Late August FWONK rocketed a great 5.15% in just one week.
In a weekly time frame, Liberty Media stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, FWONK might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Liberty Media marked last week. Early May, SMA20w and SMA40w crossed up triggering a rise of 7.72%. Since price and SMA40w lines crossed up by mid March, FWONK climbed $9.33 (28.44%).
FWONK stock price history
FWONK IPO was on July 8th, 2014 at $26.23 per share1. Since then, FWONK stock surged a 60.70%, with an average of 12.10% per year. If you had invested right after FWONK's IPO a $1,000 in FWONK stock in 2014, it would worth $607.00 today.
1: Adjusted price after possible price splits or reverse-splits.
FWONK stock historical price chart
FWONK stock reached all-time highs on September 9th with a price of $43.05.
FWONK stock price target is $50.00Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. Currently, only 1 price forecast for Liberty Media stock was posted in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-15||JPMorgan Chase & Co.||Upgrades||$38.00||$50.00||31.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareLiberty Media reported extraordinary results for 2018-Q4 on February. Liberty Media rocketed Earnings per Share (EPS) by 90.50%, beating analysts estimates of $-0.42. Liberty Media posted $-0.80.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Liberty Media annual revenues grew a slightly fine 2.47% to $1,827.00 M USD from $1,783.00 marked in 2017. In contrast, its earnings margin (compared to revenues) plunged to -8.21%, that is $-150.00 million.
|2014||$59 M||-||$-29.00 M-49.2%||-|
|2017||$1,783 M||2,922.03%||$255 M14.3%||-979.31%|
|2018||$1,827 M||2.47%||$-150.00 M-8.2%||-158.82%|
Quarterly financial resultsLiberty Media reported $481.00 M in revenues for 2018-Q4, a -25.66% decline compared to previous quarter. Reported quarter income marked $-184.00 M with a profit margin of -38.25%. Profit margin plunged a -44.75% compared to previous quarter when profit margin was 6.49%. When comparing sales to same quarter last year, Liberty Media sales marked a chilling correction and plummed a -15.61%.
|2017-Q1||$96 M||-||$-96.00 M-100.0%||-|
|2017-Q2||$616 M||541.67%||$-27.00 M-4.4%||-71.88%|
|2017-Q3||$501 M||-18.67%||$-37.00 M-7.4%||37.04%|
|2017-Q4||$570 M||13.77%||$415.00 M72.8%||-1,221.62%|
|2018-Q1||$114 M||-80.00%||$-17.00 M-14.9%||-104.10%|
|2018-Q2||$585 M||413.16%||$9.00 M1.5%||-152.94%|
|2018-Q3||$647 M||10.60%||$42.00 M6.5%||366.67%|
|2018-Q4||$481 M||-25.66%||$-184.00 M-38.3%||-538.10%|
Liberty Media ownershipWhen you are planning to invest in shares of a company, it's worth to check its ownership structure.
Liberty Media shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 3.00% of all shares.
Bearish positions for FWONK stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related companies:
|Market cap||$8.6 B||$4.7 B|
|Total shares||203.0 M||46.1 M|
|Float shares||196.2 M||44.6 M|
|- Institutional holdings (%)||100.4%||115.5%|
|- Insider holdings (%)||3.0%||3.0%|
|Shares in short selling||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$41.23 - $42.60|
|Average true range||$0.94|
|50d mov avg||$40.44|
|100d mov avg||$39.03|
|200d mov avg||$36.05|
Liberty Media performanceTo better understand Liberty Media performance you must becnhmark its gains with other related stocks in same sector or industry. We compared Liberty Media against Array in the following table: