Examining Funko Inc (FNKO)’s cash flow and debt position

In the latest session, Funko Inc (NASDAQ: FNKO) closed at $7.97 up 2.18% from its previous closing price of $7.80. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 528268 shares were traded. FNKO stock price reached its highest trading level at $8.08 during the session, while it also had its lowest trading level at $7.67.

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For a deeper understanding of Funko Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.99. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 0.87.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on February 01, 2023, Downgraded its rating to Sell and sets its target price to $8.50 from $22 previously.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 13 when Working Capital Advisors (UK) bought 12,570 shares for $7.24 per share. The transaction valued at 90,984 led to the insider holds 7,129,838 shares of the business.

Working Capital Advisors (UK) bought 23,082 shares of FNKO for $166,774 on Oct 12. The 10% Owner now owns 7,117,268 shares after completing the transaction at $7.23 per share. On Oct 11, another insider, Working Capital Advisors (UK) , who serves as the 10% Owner of the company, bought 1,509 shares for $7.25 each. As a result, the insider paid 10,933 and bolstered with 7,094,186 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, FNKO now has a Market Capitalization of 412.86M and an Enterprise Value of 776.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 1.51. Its current Enterprise Value per Revenue stands at 0.65 whereas that against EBITDA is 43.88.

Stock Price History:

Over the past 52 weeks, FNKO has reached a high of $22.77, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is 6.92, while the 200-Day Moving Average is calculated to be 9.47.

Shares Statistics:

For the past three months, FNKO has traded an average of 831.25K shares per day and 719.5k over the past ten days. A total of 47.19M shares are outstanding, with a floating share count of 28.58M. Insiders hold about 41.09% of the company’s shares, while institutions hold 70.19% stake in the company. Shares short for FNKO as of Sep 28, 2023 were 3.66M with a Short Ratio of 3.66M, compared to 3.29M on Aug 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 7.07% and a Short% of Float of 10.22%.

Earnings Estimates

There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of $0.09 and a low estimate of -$0.1, while EPS last year was $0.28. The consensus estimate for the next quarter is $0.11, with high estimates of $0.15 and low estimates of $0.08.

Analysts are recommending an EPS of between -$0.7 and -$0.93 for the fiscal current year, implying an average EPS of -$0.86. EPS for the following year is $0.4, with 5 analysts recommending between $0.62 and $0.15.

Revenue Estimates

A total of 5 analysts believe the company’s revenue will be $292.61M this quarter.It ranges from a high estimate of $301M to a low estimate of $285.17M. As of the current estimate, Funko Inc’s year-ago sales were $319.63M, an estimated decrease of -8.50% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $305.85M, a decrease of -8.20% over than the figure of -$8.50% in the same quarter last year. There is a high estimate of $333M for the next quarter, whereas the lowest estimate is $293.07M.

A total of 5 analysts have provided revenue estimates for FNKO’s current fiscal year. The highest revenue estimate was $1.12B, while the lowest revenue estimate was $1.07B, resulting in an average revenue estimate of $1.09B. In the same quarter a year ago, actual revenue was $1.32B, down -17.60% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.25B and the low estimate is $1.1B. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.

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