FuboTV (FUBO) Projected to Post Earnings on Friday

FuboTV (NYSE:FUBO - Get Free Report) is projected to announce its earnings results 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. Persons that are interested in participating in the company's earnings conference call can do so using this link.

FuboTV Stock Performance

FuboTV stock traded down $0.09 during trading hours on Friday, reaching $3.77. 25,296,630 shares of the stock were exchanged, compared to its average volume of 62,034,164. FuboTV has a 52-week low of $1.10 and a 52-week high of $6.45. The stock has a market cap of $1.26 billion, a P/E ratio of -5.62 and a beta of 1.99. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54. The firm's 50 day moving average is $3.27 and its 200 day moving average is $2.16.

Insider Transactions at FuboTV

In other FuboTV news, CEO David Gandler sold 1,425,888 shares of FuboTV stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $5.01, for a total transaction of $7,143,698.88. Following the completion of the transaction, the chief executive officer now owns 346,817 shares in the company, valued at approximately $1,737,553.17. The trade was a 80.44 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Alberto Horihuela sold 403,847 shares of the company's stock in a transaction dated 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 directly owns 1,449,751 shares in the company, valued at $8,741,998.53. This trade represents a 21.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,835,603 shares of company stock valued at $9,613,987 in the last quarter. 7.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Huber Research upgraded shares of FuboTV to a "strong-buy" rating in a research report on Friday, January 31st. Roth Mkm reissued a "neutral" rating and issued a $4.75 price target (up from $2.00) on shares of FuboTV in a report on Tuesday, January 7th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average 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.