FY2025 Earnings Estimate for Funko Issued By DA Davidson

Funko, Inc. (NASDAQ:FNKO) – Analysts at DA Davidson issued their FY2025 earnings estimates for Funko in a research note issued to investors on Monday, March 10th. DA Davidson analyst L. Weiser expects that the company will earn ($0.07) per share for the year. DA Davidson currently has a “Buy” rating and a $13.00 target price on the stock. The consensus estimate for Funko’s current full-year earnings is ($0.12) per share.

Separately, Stifel Nicolaus boosted their price target on shares of Funko from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Friday, January 3rd.

Funko Price Performance

Shares of NASDAQ:FNKO opened at $7.38 on Wednesday. The company has a 50-day simple moving average of $12.91 and a 200-day simple moving average of $12.03. Funko has a one year low of $5.36 and a one year high of $14.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 0.96. The stock has a market capitalization of $399.67 million, a price-to-earnings ratio of -15.38 and a beta of 0.94.

Insider Transactions at Funko

In other Funko news, insider Tracy D. Daw sold 14,650 shares of the company’s stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $12.55, for a total transaction of $183,857.50. Following the transaction, the insider now directly owns 6,362 shares in the company, valued at approximately $79,843.10. This represents a 69.72 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Andrew David Oddie sold 3,867 shares of the company’s stock in a transaction dated Friday, March 7th. The stock was sold at an average price of $8.87, for a total transaction of $34,300.29. Following the transaction, the insider now owns 23,200 shares in the company, valued at $205,784. The trade was a 14.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 50,835 shares of company stock worth $639,451 over the last ninety days. 4.81% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Mackenzie Financial Corp acquired a new position in Funko during the fourth quarter worth about $599,000. Wolverine Trading LLC acquired a new stake in shares of Funko in the fourth quarter valued at approximately $489,000. Vident Advisory LLC grew its position in shares of Funko by 48.8% in the fourth quarter. Vident Advisory LLC now owns 39,833 shares of the company’s stock valued at $533,000 after purchasing an additional 13,057 shares during the last quarter. State of Wyoming grew its position in shares of Funko by 115.2% in the fourth quarter. State of Wyoming now owns 22,731 shares of the company’s stock valued at $304,000 after purchasing an additional 12,169 shares during the last quarter. Finally, Man Group plc acquired a new stake in shares of Funko in the fourth quarter valued at approximately $293,000. 99.15% of the stock is currently owned by institutional investors and hedge funds.

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.