FuboTV (FUBO) Projected to Post Quarterly Earnings on Friday

FuboTV (NYSE:FUBO - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $445.17 million for the quarter. Parties interested in listening to the company's earnings conference call can do so using this link.

FuboTV Stock Performance

NYSE FUBO traded up $0.26 on Monday, hitting $4.02. 41,675,910 shares of the company's stock were exchanged, compared to its average volume of 61,461,070. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of -5.99 and a beta of 1.99. The firm's 50-day moving average price is $3.37 and its two-hundred day moving average price is $2.21. FuboTV has a fifty-two week low of $1.10 and a fifty-two week high of $6.45. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.54 and a quick ratio of 0.54.

Insiders Place Their Bets

In other FuboTV news, CFO John Janedis sold 25,823 shares of FuboTV stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $4.16, for a total transaction of $107,423.68. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Alberto Horihuela sold 403,847 shares of the stock in a transaction that occurred on Tuesday, January 7th. The shares were sold at an average price of $6.03, for a total transaction of $2,435,197.41. Following the completion of the sale, the chief operating officer now owns 1,449,751 shares in the company, valued at $8,741,998.53. This represents a 21.79 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,861,426 shares of company stock worth $9,721,411. 7.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

FUBO has been the topic of a number of recent analyst reports. Roth Mkm reaffirmed a "neutral" rating and set a $4.75 price objective (up previously from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Huber Research raised shares of FuboTV to a "strong-buy" rating in a research note on Friday, January 31st. Four research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $3.43.

About FuboTV

fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.