Liberty Media Co. – Series A Liberty Formula One Forecasted to Post Q1 2018 Earnings of ($0.88) Per Share (FWONA)

Liberty Media Co. – Series A Liberty Formula One (NASDAQ:FWONA) – Stock analysts at B. Riley issued their Q1 2018 earnings per share (EPS) estimates for shares of Liberty Media Co. – Series A Liberty Formula One in a note issued to investors on Thursday. B. Riley analyst B. Crockett anticipates that the company will post earnings of ($0.88) per share for the quarter. B. Riley currently has a “Hold” rating and a $36.00 target price on the stock. B. Riley also issued estimates for Liberty Media Co. – Series A Liberty Formula One’s Q2 2018 earnings at $0.11 EPS, Q3 2018 earnings at $0.11 EPS and Q4 2018 earnings at $0.15 EPS.

Liberty Media Co. – Series A Liberty Formula One (NASDAQ:FWONA) last issued its quarterly earnings results on Thursday, November 9th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.13) by ($0.04).

FWONA has been the topic of a number of other research reports. Citigroup reiterated a “buy” rating and set a $44.00 target price on shares of Liberty Media Co. – Series A Liberty Formula One in a research report on Friday, December 22nd. FBN Securities upgraded shares of Liberty Media Co. – Series A Liberty Formula One from a “sector perform” rating to a “buy” rating in a research report on Monday, December 11th. Macquarie reiterated a “buy” rating and set a $45.00 target price on shares of Liberty Media Co. – Series A Liberty Formula One in a research report on Thursday, October 5th. Finally, JPMorgan Chase & Co. assumed coverage on shares of Liberty Media Co. – Series A Liberty Formula One in a research report on Tuesday, October 3rd. They set a “hold” rating and a $38.00 target price on the stock. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $41.57.

Liberty Media Co. – Series A Liberty Formula One (FWONA) opened at $35.65 on Monday. The stock has a market cap of $914.15 and a P/E ratio of -93.81. Liberty Media Co. – Series A Liberty Formula One has a 1 year low of $28.26 and a 1 year high of $39.37. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.43 and a quick ratio of 0.43.

A number of hedge funds have recently made changes to their positions in FWONA. Great West Life Assurance Co. Can bought a new stake in Liberty Media Co. – Series A Liberty Formula One during the 3rd quarter valued at $105,000. The Manufacturers Life Insurance Company bought a new stake in Liberty Media Co. – Series A Liberty Formula One during the 2nd quarter valued at $105,000. Legal & General Group Plc bought a new stake in Liberty Media Co. – Series A Liberty Formula One during the 2nd quarter valued at $109,000. Public Employees Retirement Association of Colorado bought a new stake in Liberty Media Co. – Series A Liberty Formula One during the 3rd quarter valued at $204,000. Finally, Nomura Holdings Inc. bought a new stake in Liberty Media Co. – Series A Liberty Formula One during the 2nd quarter valued at $220,000. Institutional investors and hedge funds own 9.84% of the company’s stock.

In related news, Director Malcolm Ian Grant Gilchrist sold 3,841 shares of the business’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $39.61, for a total transaction of $152,142.01. Following the transaction, the director now owns 8,127 shares in the company, valued at approximately $321,910.47. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.34% of the stock is owned by insiders.

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Liberty Media Co. – Series A Liberty Formula One Company Profile

Liberty Media Corporation (Liberty) owns interests in subsidiaries and other companies, which are engaged in the media and entertainment industries. Through its subsidiaries and affiliates, the Company principally operates in North America. Its principal businesses and assets include its consolidated subsidiaries Sirius XM Holdings Inc (SIRIUS XM) and the Braves Holdings, LLC (Braves Holdings), and its equity affiliate Live Nation Entertainment, Inc (Live Nation).

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