Q4 Earnings Estimate for Funko Issued By DA Davidson

Funko, Inc. (NASDAQ:FNKO - Free Report) - Stock analysts at DA Davidson issued their Q4 2024 earnings per share estimates for shares of Funko in a research report issued on Friday, November 8th. DA Davidson analyst L. Weiser forecasts that the company will earn ($0.03) per share for the quarter. DA Davidson currently has a "Buy" rating and a $16.00 target price on the stock. The consensus estimate for Funko's current full-year earnings is ($0.21) per share.

A number of other research analysts have also recently issued reports on the company. Stifel Nicolaus boosted their target price on Funko from $9.00 to $10.50 and gave the company a "hold" rating in a research note on Tuesday, October 22nd. B. Riley increased their price target on shares of Funko from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Thursday, September 12th.

Funko Price Performance

NASDAQ:FNKO traded up $0.17 during mid-day trading on Monday, reaching $11.35. 748,576 shares of the company were exchanged, compared to its average volume of 517,631. The company has a fifty day moving average of $11.60 and a 200 day moving average of $9.94. Funko has a 12 month low of $5.36 and a 12 month high of $12.61. The company has a quick ratio of 0.59, a current ratio of 0.92 and a debt-to-equity ratio of 0.49. The stock has a market cap of $612.22 million, a PE ratio of -23.58 and a beta of 1.21.

Funko (NASDAQ:FNKO - Get Free Report) last announced its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.25. The company had revenue of $247.70 million for the quarter, compared to analyst estimates of $231.04 million. Funko had a negative return on equity of 3.49% and a negative net margin of 2.29%. Funko's revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.53) EPS.

Insider Buying and Selling at Funko

In related news, insider Andrew David Oddie sold 10,800 shares of the stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $12.03, for a total value of $129,924.00. Following the transaction, the insider now owns 40,372 shares of the company's stock, valued at $485,675.16. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other Funko news, insider Tracy D. Daw sold 10,000 shares of Funko stock in a transaction on Friday, September 13th. The stock was sold at an average price of $12.00, for a total transaction of $120,000.00. Following the completion of the transaction, the insider now owns 6,362 shares in the company, valued at approximately $76,344. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew David Oddie sold 10,800 shares of Funko stock in a transaction on Monday, September 23rd. The stock was sold at an average price of $12.03, for a total value of $129,924.00. Following the completion of the sale, the insider now directly owns 40,372 shares of the company's stock, valued at approximately $485,675.16. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 35,805 shares of company stock valued at $415,169 in the last quarter. 4.81% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FNKO. California State Teachers Retirement System increased its position in Funko by 4.5% during the 1st quarter. California State Teachers Retirement System now owns 33,179 shares of the company's stock valued at $207,000 after purchasing an additional 1,414 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Funko by 3.7% during the 1st quarter. BNP Paribas Financial Markets now owns 66,269 shares of the company's stock valued at $414,000 after purchasing an additional 2,342 shares in the last quarter. Quest Partners LLC acquired a new position in Funko in the 2nd quarter worth about $25,000. Price T Rowe Associates Inc. MD grew its stake in Funko by 7.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 39,335 shares of the company's stock valued at $246,000 after acquiring an additional 2,689 shares during the period. Finally, Rhumbline Advisers grew its position in shares of Funko by 9.0% in the second quarter. Rhumbline Advisers now owns 54,180 shares of the company's stock valued at $529,000 after purchasing an additional 4,475 shares during the period. Hedge funds and other institutional investors own 99.15% of the company's stock.

About Funko

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.