For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Funko Inc (NASDAQ: FNKO) closed the day trading at $6.01 down -1.31% from the previous closing price of $6.09. In other words, the price has decreased by -$1.31 from its previous closing price. On the day, 0.64 million shares were traded. FNKO stock price reached its highest trading level at $6.11 during the session, while it also had its lowest trading level at $5.73.
Ratios:
For a better understanding of FNKO, let’s look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 30 ’24 when Daw Tracy D sold 3,755 shares for $6.06 per share. The transaction valued at 22,762 led to the insider holds 62,425 shares of the business.
Oddie Andrew David sold 3,730 shares of FNKO for $22,255 on Apr 30 ’24. The CHIEF COMMERCIAL OFFICER now owns 64,060 shares after completing the transaction at $5.97 per share. On Apr 30 ’24, another insider, Le Pendeven Yves, who serves as the Acting CFO of the company, sold 88 shares for $5.95 each. As a result, the insider received 523 and left with 28,848 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 321835520 and an Enterprise Value of 637264320. 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 1.31. Its current Enterprise Value per Revenue stands at 0.581 whereas that against EBITDA is -22.058.
Stock Price History:
The Beta on a monthly basis for FNKO is 1.06, which has changed by -0.35721928 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. 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 -4.57%, while the 200-Day Moving Average is calculated to be -13.61%.
Shares Statistics:
Over the past 3-months, FNKO traded about 493.18K shares per day on average, while over the past 10 days, FNKO traded about 505440 shares per day. A total of 50.55M shares are outstanding, with a floating share count of 31.25M. Insiders hold about 39.06% of the company’s shares, while institutions hold 62.77% stake in the company. Shares short for FNKO as of 1713139200 were 4639355 with a Short Ratio of 9.41, compared to 1710460800 on 4596967. Therefore, it implies a Short% of Shares Outstanding of 4639355 and a Short% of Float of 12.1700004.
Earnings Estimates
The market rating for Funko Inc (FNKO) is a result of the insights provided by 4.0 analysts actively involved in the assessment.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
4 analysts predict $220.27M in revenue for the current quarter. 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.
