The closing price of fuboTV Inc (NYSE: FUBO) was $1.85 for the day, down -2.63% from the previous closing price of $1.90. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 12963118 shares were traded.
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Ratios:
Our analysis of FUBO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 23 when Janedis John sold 30,413 shares for $1.85 per share. The transaction valued at 56,264 led to the insider holds 18,000 shares of the business.
Janedis John sold 22,342 shares of FUBO for $42,209 on Feb 22. The Chief Financial Officer now owns 48,413 shares after completing the transaction at $1.89 per share. On Nov 22, another insider, Horihuela Alberto, who serves as the Chief Operating Officer of the company, sold 36,827 shares for $3.19 each. As a result, the insider received 117,515 and left with 1,423,891 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 568.51M and an Enterprise Value of 756.75M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 0.59 whereas that against EBITDA is -2.76.
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 2.5698, while the 200-Day Moving Average is calculated to be 2.5303.
Shares Statistics:
FUBO traded an average of 12.22M shares per day over the past three months and 16.3M shares per day over the past ten days. A total of 299.22M shares are outstanding, with a floating share count of 282.03M. Insiders hold about 3.68% of the company’s shares, while institutions hold 41.06% stake in the company. Shares short for FUBO as of Feb 15, 2024 were 48.89M with a Short Ratio of 4.00, 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
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.22 and a low estimate of -$0.25, while EPS last year was -$0.37. The consensus estimate for the next quarter is -$0.17, with high estimates of -$0.16 and low estimates of -$0.18.
Analysts are recommending an EPS of between -$0.71 and -$0.87 for the fiscal current year, implying an average EPS of -$0.79. EPS for the following year is -$0.36, with 8 analysts recommending between -$0.15 and -$0.54.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 8 analysts. It ranges from a high estimate of $406M to a low estimate of $377.9M. As of the current estimate, fuboTV Inc’s year-ago sales were $324.37M, an estimated increase of 20.50% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $370.73M, an increase of 18.50% less than the figure of $20.50% in the same quarter last year. There is a high estimate of $399.6M for the next quarter, whereas the lowest estimate is $354.45M.
A total of 9 analysts have provided revenue estimates for FUBO’s current fiscal year. The highest revenue estimate was $1.75B, while the lowest revenue estimate was $1.55B, resulting in an average revenue estimate of $1.61B. In the same quarter a year ago, actual revenue was $1.37B, up 17.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $1.86B in the next fiscal year. The high estimate is $2.08B and the low estimate is $1.7B. The average revenue growth estimate for next year is up 15.90% from the average revenue estimate for this year.
