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The price of Funko Inc (NASDAQ: FNKO) closed at $6.11 in the last session, down -1.13% from day before closing price of $6.18. In other words, the price has decreased by -$1.13 from its previous closing price. On the day, 0.65 million shares were traded. FNKO stock price reached its highest trading level at $6.365 during the session, while it also had its lowest trading level at $6.1.
Ratios:
We take a closer look at FNKO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.62 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 1.56 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 this company, B. Riley Securities on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $10.
On February 01, 2023, Goldman Downgraded its rating to Sell which previously was Neutral and also lowered its target price recommendation from $22 to $8.50.
Jefferies Downgraded its Buy to Hold on January 12, 2023, whereas the target price for the stock was revised from $15 to $13.
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 Apr 22 ’24 when Oddie Andrew David sold 2,353 shares for $6.21 per share. The transaction valued at 14,622 led to the insider holds 60,476 shares of the business.
Le Pendeven Yves sold 223 shares of FNKO for $1,388 on Apr 22 ’24. The Acting CFO now owns 28,619 shares after completing the transaction at $6.22 per share. On Apr 03 ’24, another insider, Daw Tracy D, who serves as the CHIEF LEGAL OFFICER of the company, sold 7,500 shares for $6.08 each. As a result, the insider received 45,568 and left with 58,670 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 324254048 and an Enterprise Value of 645899072. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.28 while its Price-to-Book (P/B) ratio in mrq is 1.33. Its current Enterprise Value per Revenue stands at 0.589 whereas that against EBITDA is -22.356.
Stock Price History:
Over the past 52 weeks, FNKO has reached a high of $13.42, while it has fallen to a 52-week low of $5.27. The 50-Day Moving Average of the stock is -5.71%, while the 200-Day Moving Average is calculated to be -13.57%.
Shares Statistics:
According to the various share statistics, FNKO traded on average about 472.25K shares per day over the past 3-months and 517480 shares per day over the past 10 days. A total of 50.55M shares are outstanding, with a floating share count of 30.96M. Insiders hold about 39.05% of the company’s shares, while institutions hold 66.39% stake in the company. Shares short for FNKO as of 1711584000 were 4626559 with a Short Ratio of 9.80, compared to 1709164800 on 4118151. Therefore, it implies a Short% of Shares Outstanding of 4626559 and a Short% of Float of 12.1400006.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 4.0 analysts currently analyzing and rating the stock of Funko Inc (FNKO).On average, analysts expect EPS of -$0.29 for the current quarter, with a high estimate of -$0.27 and a low estimate of -$0.31, while EPS last year was -$0.49. The consensus estimate for the next quarter is -$0.21, with high estimates of -$0.09 and low estimates of -$0.31.
Analysts are recommending an EPS of between -$0.07 and -$0.22 for the fiscal current year, implying an average EPS of -$0.15. EPS for the following year is $0.38, with 3.0 analysts recommending between $0.52 and $0.15.
Revenue Estimates
According to 4 analysts, the current quarter’s revenue is expected to be $220.27M. It ranges from a high estimate of $224.17M to a low estimate of $216.1M. As of the current estimate, Funko Inc’s year-ago sales were $251.88MFor the next quarter, 4 analysts are estimating revenue of $230.15M. There is a high estimate of $235.23M for the next quarter, whereas the lowest estimate is $223.23M.
A total of 4 analysts have provided revenue estimates for FNKO’s current fiscal year. The highest revenue estimate was $1.08B, while the lowest revenue estimate was $1.07B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $1.1BBased on 4 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.19B and the low estimate is $1.09B.
