The price of fuboTV Inc (NYSE: FUBO) closed at $1.58 in the last session, up 1.28% from day before closing price of $1.56. On the day, 6385189 shares were traded.
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 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:
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 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 473.21M and an Enterprise Value of 670.95M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is -2.82.
Stock Price History:
The Beta on a monthly basis for FUBO is 1.99, which has changed by 38.60% over the last 52 weeks, in comparison to a change of 27.39% over the same period for the S&P500. Over the past 52 weeks, FUBO has reached a high of $3.87, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 2.0164, while the 200-Day Moving Average is calculated to be 2.5158.
Shares Statistics:
According to the various share statistics, FUBO traded on average about 11.56M shares per day over the past 3-months and 6.9M shares per day over the past 10 days. A total of 299.22M shares are outstanding, with a floating share count of 288.49M. Insiders hold about 3.67% of the company’s shares, while institutions hold 40.18% stake in the company. Shares short for FUBO as of Mar 15, 2024 were 63.66M with a Short Ratio of 5.51, compared to 48.89M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 21.25% and a Short% of Float of 21.86%.
Earnings Estimates
The company has 6 analysts who recommend its stock at the moment. 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 -$0.15 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 -$0.77. EPS for the following year is -$0.37, with 8 analysts recommending between -$0.24 and -$0.54.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $381.3M. 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.
