DA Davidson Comments on Funko's Q1 Earnings (NASDAQ:FNKO)

Funko, Inc. (NASDAQ:FNKO - Free Report) - Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Funko in a report released on Monday, April 14th. DA Davidson analyst M. Baker forecasts that the company will post earnings of ($0.48) per share for the quarter. DA Davidson currently has a "Strong-Buy" rating on the stock. The consensus estimate for Funko's current full-year earnings is ($0.12) per share. DA Davidson also issued estimates for Funko's FY2025 earnings at ($0.07) EPS and FY2026 earnings at $0.50 EPS.

Separately, Stifel Nicolaus upped their target price on shares of Funko from $11.00 to $12.00 and gave the company a "hold" rating in a research report on Friday, January 3rd.

Funko Trading Up 8.7 %

FNKO stock traded up $0.35 during midday trading on Wednesday, hitting $4.37. 1,497,953 shares of the company's stock were exchanged, compared to its average volume of 736,481. The stock has a market capitalization of $238.32 million, a PE ratio of -9.10 and a beta of 0.75. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Funko has a 1-year low of $3.90 and a 1-year high of $14.65. The business has a 50-day simple moving average of $8.41 and a two-hundred day simple moving average of $11.00.

Hedge Funds Weigh In On Funko

A number of institutional investors and hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of Funko by 5,486.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 829,200 shares of the company's stock valued at $10,133,000 after acquiring an additional 814,357 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Funko by 18.5% during the 4th quarter. American Century Companies Inc. now owns 680,231 shares of the company's stock worth $9,108,000 after buying an additional 106,037 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Funko by 2.7% in the 4th quarter. Vanguard Group Inc. now owns 1,958,331 shares of the company's stock valued at $26,222,000 after buying an additional 50,877 shares in the last quarter. TBH Global Asset Management LLC purchased a new position in shares of Funko in the 4th quarter valued at $2,748,000. Finally, FMR LLC lifted its position in Funko by 1,541.0% in the third quarter. FMR LLC now owns 57,649 shares of the company's stock valued at $704,000 after acquiring an additional 54,136 shares during the last quarter. Institutional investors and hedge funds own 99.15% of the company's stock.

Insider Buying and Selling

In other news, Director Jason Harinstein bought 15,000 shares of the business's stock in a transaction that occurred on Monday, March 17th. The shares were purchased at an average cost of $7.09 per share, for a total transaction of $106,350.00. Following the completion of the purchase, the director now owns 15,000 shares of the company's stock, valued at approximately $106,350. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Andrew David Oddie sold 3,867 shares of Funko stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $8.87, for a total transaction of $34,300.29. Following the completion of the transaction, the insider now owns 23,200 shares of the company's stock, valued at $205,784. This represents a 14.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 29,959 shares of company stock valued at $227,640 in the last ninety days. Company insiders own 4.81% of the company's stock.

Funko Company Profile

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.