Funko, Inc. (NASDAQ:FNKO – Get Free Report) CFO Pendeven Yves Le sold 1,344 shares of Funko stock in a transaction on Monday, September 16th. The shares were sold at an average price of $11.79, for a total transaction of $15,845.76. Following the completion of the transaction, the chief financial officer now directly owns 32,504 shares of the company’s stock, valued at approximately $383,222.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Funko Trading Up 1.5 %
Shares of Funko stock opened at $11.52 on Thursday. The company has a current ratio of 0.92, a quick ratio of 0.59 and a debt-to-equity ratio of 0.49. Funko, Inc. has a twelve month low of $5.36 and a twelve month high of $12.04. The firm has a market capitalization of $617.46 million, a PE ratio of -4.59 and a beta of 1.18. The firm’s 50-day moving average price is $9.85 and its 200 day moving average price is $8.41.
Funko (NASDAQ:FNKO – Get Free Report) last released its earnings results on Thursday, August 8th. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.25. Funko had a negative return on equity of 4.69% and a negative net margin of 4.06%. The business had revenue of $247.70 million for the quarter, compared to the consensus estimate of $231.04 million. During the same quarter last year, the business posted ($0.53) earnings per share. The business’s quarterly revenue was up 3.2% compared to the same quarter last year. On average, sell-side analysts predict that Funko, Inc. will post -0.21 EPS for the current fiscal year.
Institutional Investors Weigh In On Funko
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on FNKO shares. DA Davidson restated a “buy” rating and issued a $12.00 price target on shares of Funko in a research note on Friday, August 9th. Stifel Nicolaus raised their price objective on Funko from $8.00 to $9.00 and gave the company a “hold” rating in a report on Thursday, July 25th. Finally, B. Riley increased their target price on Funko from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Thursday, September 12th.
Get Our Latest Research Report on Funko
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.
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