Funko (NASDAQ:FNKO - Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.
Funko (NASDAQ:FNKO - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.20) by $0.25. Funko had a negative net margin of 4.06% and a negative return on equity of 4.69%. The firm had revenue of $247.70 million during the quarter, compared to the consensus estimate of $231.04 million. During the same quarter in the previous year, the firm posted ($0.53) EPS. The business's revenue for the quarter was up 3.2% compared to the same quarter last year. On average, analysts expect Funko to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Funko Stock Performance
Shares of FNKO traded down $0.14 during mid-day trading on Thursday, hitting $11.84. 517,958 shares of the company's stock were exchanged, compared to its average volume of 508,431. 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 firm has a market cap of $634.61 million, a price-to-earnings ratio of -4.77 and a beta of 1.20. The stock's 50-day simple moving average is $11.44 and its 200-day simple moving average is $9.64. Funko has a 52 week low of $5.36 and a 52 week high of $12.61.
Insider Buying and Selling at Funko
In other news, Director Michael C. Lunsford sold 5,900 shares of Funko stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $9.55, for a total value of $56,345.00. Following the transaction, the director now owns 98,974 shares in the company, valued at approximately $945,201.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, Director Michael C. Lunsford sold 5,900 shares of the firm's stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $9.55, for a total value of $56,345.00. Following the sale, the director now directly owns 98,974 shares in the company, valued at approximately $945,201.70. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Tracy D. Daw sold 10,000 shares of the company's stock in a transaction that occurred 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 transaction, the insider now owns 6,362 shares of the company's stock, valued at approximately $76,344. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 35,805 shares of company stock worth $415,169 over the last three months. Corporate insiders own 4.81% of the company's stock.
Analysts Set New Price Targets
Several brokerages have weighed in on FNKO. DA Davidson reaffirmed a "buy" rating and issued a $12.00 price objective on shares of Funko in a report on Friday, August 9th. Stifel Nicolaus raised their price target on Funko from $9.00 to $10.50 and gave the stock a "hold" rating in a research report on Tuesday, October 22nd. Finally, B. Riley upped their price objective on shares of Funko from $13.00 to $15.00 and gave the stock a "buy" rating in a research report on Thursday, September 12th.
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About Funko
(
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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.
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