The closing price of Funko Inc (NASDAQ: FNKO) was $5.75 for the day, up 0.88% from the previous closing price of $5.70. In other words, the price has increased by $+0.05 from its previous closing price. On the day, 797506 shares were traded.
Ratios:
Our analysis of FNKO’s different ratios will help us gain a deeper understanding of the company. 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 Apr-11-24, 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:
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 Apr 03 ’24 when Daw Tracy D sold 7,500 shares for $6.08 per share. The transaction valued at 45,568 led to the insider holds 58,670 shares of the business.
Oddie Andrew David sold 7,631 shares of FNKO for $46,480 on Apr 02 ’24. The CHIEF COMMERCIAL OFFICER now owns 57,921 shares after completing the transaction at $6.09 per share. On Apr 02 ’24, another insider, Le Pendeven Yves, who serves as the Acting CFO of the company, sold 4,134 shares for $6.10 each. As a result, the insider received 25,229 and left with 27,983 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 301.96M and an Enterprise Value of 627.86M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is 11.25.
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 6.76, while the 200-Day Moving Average is calculated to be 7.27.
Shares Statistics:
FNKO traded an average of 453.99K shares per day over the past three months and 487.54k shares per day over the past ten days. A total of 50.55M shares are outstanding, with a floating share count of 30.81M. Insiders hold about 39.35% of the company’s shares, while institutions hold 66.39% stake in the company. Shares short for FNKO as of Mar 15, 2024 were 4.6M with a Short Ratio of 10.19, compared to 3.89M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.66% and a Short% of Float of 12.06%.
Earnings Estimates
The firm’s stock currently is rated by 4 analysts. 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 analysts recommending between $0.52 and $0.15.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. 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 $251.88M, an estimated decrease of -12.50% from the year-ago figure.
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 $1.1B, down -1.70% from the average estimate. Based 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. The average revenue growth estimate for next year is up 7.60% from the average revenue estimate for this year.
