Is fuboTV Inc. (NYSE:FUBO) an excellent stock to buy at the moment?

The price of fuboTV Inc. (NYSE: FUBO) closed at $2.71 in the last session, down -2.87% from day before closing price of $2.79. In other words, the price has decreased by -$0.0800 from its previous closing price. On the day, 5939173 shares were traded. FUBO stock price reached its highest trading level at $2.8200 during the session, while it also had its lowest trading level at $2.6901.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored

Ratios:

We take a closer look at FUBO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 1.10. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.83.

Upgrades & Downgrades

On August 17, 2022, Wedbush Downgraded its rating to Neutral which previously was Outperform and also upped its target price recommendation from $5 to $6.

ROTH Capital Downgraded its Buy to Neutral on May 06, 2022, whereas the target price for the stock was revised from $7.50 to $4.25.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 09 when Janedis John bought 7,000 shares for $2.94 per share. The transaction valued at 20,580 led to the insider holds 10,000 shares of the business.

Gandler David bought 46,000 shares of FUBO for $137,075 on May 09. The Chief Executive Officer now owns 1,322,564 shares after completing the transaction at $2.98 per share. On Mar 29, another insider, Horihuela Alberto, who serves as the Chief Growth Officer of the company, sold 161,454 shares for $7.56 each. As a result, the insider received 1,220,899 and left with 1,193,852 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 1.07.

Stock Price History:

Over the past 52 weeks, FUBO has reached a high of $21.90, while it has fallen to a 52-week low of $2.32. The 50-Day Moving Average of the stock is 3.7806, while the 200-Day Moving Average is calculated to be 4.5617.

Shares Statistics:

According to the various share statistics, FUBO traded on average about 11.85M shares per day over the past 3-months and 12.01M shares per day over the past 10 days. A total of 195.32M shares are outstanding, with a floating share count of 179.39M. Insiders hold about 0.10% of the company’s shares, while institutions hold 38.50% stake in the company. Shares short for FUBO as of Oct 13, 2022 were 44.57M with a Short Ratio of 47.80M, compared to 47.07M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 24.06% and a Short% of Float of 25.20%.

Earnings Estimates

The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.74 for the current quarter, with a high estimate of -$0.7 and a low estimate of -$0.8, while EPS last year was -$0.74. The consensus estimate for the next quarter is -$0.72, with high estimates of -$0.56 and low estimates of -$0.81.

Analysts are recommending an EPS of between -$2.73 and -$3.13 for the fiscal current year, implying an average EPS of -$2.95. EPS for the following year is -$2.16, with 7 analysts recommending between -$1.75 and -$2.76.

Revenue Estimates

According to 8 analysts, the current quarter’s revenue is expected to be $212.1M. It ranges from a high estimate of $216.22M to a low estimate of $207.36M. As of the current estimate, fuboTV Inc.’s year-ago sales were $143.55M, an estimated increase of 47.80% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $273.56M, an increase of 18.40% less than the figure of $47.80% in the same quarter last year. There is a high estimate of $282M for the next quarter, whereas the lowest estimate is $266.8M.

A total of 8 analysts have provided revenue estimates for FUBO’s current fiscal year. The highest revenue estimate was $961.2M, while the lowest revenue estimate was $939.9M, resulting in an average revenue estimate of $949.72M. In the same quarter a year ago, actual revenue was $638.35M, up 48.80% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.26B in the next fiscal year. The high estimate is $1.38B and the low estimate is $1.17B. The average revenue growth estimate for next year is up 32.40% from the average revenue estimate for this year.