Funko (FNKO) Expected to Announce Earnings on Thursday

Funko (NASDAQ:FNKO) will likely be issuing its quarterly earnings data after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $286.12 million for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Funko Trading Down 1.2 %

FNKO opened at $12.72 on Thursday. The firm has a 50 day simple moving average of $13.44 and a 200 day simple moving average of $12.02. Funko has a fifty-two week low of $5.36 and a fifty-two week high of $14.65. The company has a market cap of $688.59 million, a price-to-earnings ratio of -26.49 and a beta of 1.15. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.64.

Insider Buying and Selling

In other Funko news, insider Andrew David Oddie sold 27,712 shares of the stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $13.67, for a total value of $378,823.04. Following the sale, the insider now directly owns 20,186 shares in the company, valued at approximately $275,942.62. This trade represents a 57.86 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Tracy D. Daw sold 14,650 shares of Funko stock in a transaction on Friday, December 20th. The stock was 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 disclosure for this sale can be found here. Insiders have sold 43,079 shares of company stock valued at $572,769 in the last 90 days. 4.81% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Stifel Nicolaus increased their price target on Funko from $11.00 to $12.00 and gave the company a “hold” rating in a research note on Friday, January 3rd. DA Davidson reiterated a “buy” rating and issued a $16.00 price objective on shares of Funko in a report on Thursday, January 2nd.

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.