Analyzing fuboTV Inc (FUBO)’s quick and current ratios

fuboTV Inc (NYSE: FUBO) closed the day trading at $1.68 up 2.44% from the previous closing price of $1.64. In other words, the price has increased by $+0.0400 from its previous closing price. On the day, 13049913 shares were traded. FUBO stock price reached its highest trading level at $1.7900 during the session, while it also had its lowest trading level at $1.6500.

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Ratios:

For a better understanding of FUBO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.45.

On December 12, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 04 ’24 when Janedis John sold 18,000 shares for $1.90 per share. The transaction valued at 34,212 led to the insider holds 0 shares of the business.

Janedis John sold 30,413 shares of FUBO for $56,264 on Feb 23 ’24. The Chief Financial Officer now owns 18,000 shares after completing the transaction at $1.85 per share. On Feb 22 ’24, another insider, Janedis John, who serves as the Chief Financial Officer of the company, sold 22,342 shares for $1.89 each. As a result, the insider received 42,209 and left with 48,413 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUBO now has a Market Capitalization of 503.16M and an Enterprise Value of 700.90M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 1.70. Its current Enterprise Value per Revenue stands at 0.51 whereas that against EBITDA is -2.94.

Stock Price History:

Over the past 52 weeks, FUBO has reached a high of $3.87, while it has fallen to a 52-week low of $0.96. The 50-Day Moving Average of the stock is 2.4134, while the 200-Day Moving Average is calculated to be 2.5277.

Shares Statistics:

Over the past 3-months, FUBO traded about 12.41M shares per day on average, while over the past 10 days, FUBO traded about 16.39M shares per day. A total of 299.22M shares are outstanding, with a floating share count of 288.48M. Insiders hold about 3.68% of the company’s shares, while institutions hold 40.14% stake in the company. Shares short for FUBO as of Feb 15, 2024 were 48.89M with a Short Ratio of 3.94, compared to 49.32M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.34% and a Short% of Float of 16.81%.

Earnings Estimates

Current recommendations for the stock of the company come from 6 analysts. On average, analysts expect EPS of -$0.22 for the current quarter, with a high estimate of -$0.21 and a low estimate of -$0.22, while EPS last year was -$0.37. The consensus estimate for the next quarter is -$0.16, with high estimates of -$0.16 and low estimates of -$0.18.

Analysts are recommending an EPS of between -$0.69 and -$0.84 for the fiscal current year, implying an average EPS of -$0.78. EPS for the following year is -$0.36, with 8 analysts recommending between -$0.15 and -$0.54.

Revenue Estimates

9 analysts predict $381.3M in revenue for the current quarter. It ranges from a high estimate of $388M to a low estimate of $377.47M. As of the current estimate, fuboTV Inc’s year-ago sales were $324.37M, an estimated increase of 17.50% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $355.23M, an increase of 13.60% less than the figure of $17.50% in the same quarter last year. There is a high estimate of $374M for the next quarter, whereas the lowest estimate is $326.8M.

A total of 9 analysts have provided revenue estimates for FUBO’s current fiscal year. The highest revenue estimate was $1.64B, while the lowest revenue estimate was $1.52B, resulting in an average revenue estimate of $1.56B. In the same quarter a year ago, actual revenue was $1.37B, up 14.00% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $1.78B in the next fiscal year. The high estimate is $1.88B and the low estimate is $1.61B. The average revenue growth estimate for next year is up 14.20% from the average revenue estimate for this year.

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