Funko (NASDAQ:FNKO) is scheduled to be releasing its earnings data after the market closes on Thursday, November 8th. Analysts expect Funko to post earnings of $0.23 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.
Funko (NASDAQ:FNKO) last released its quarterly earnings results on Thursday, August 9th. The company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.05. The firm had revenue of $138.70 million during the quarter, compared to analysts’ expectations of $122.54 million. Funko had a return on equity of 9.68% and a net margin of 2.70%. The business’s quarterly revenue was up 32.5% on a year-over-year basis. On average, analysts expect Funko to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ FNKO opened at $19.79 on Wednesday. The company has a market capitalization of $994.91 million and a price-to-earnings ratio of 66.00. Funko has a fifty-two week low of $5.81 and a fifty-two week high of $31.12. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.55 and a quick ratio of 1.03.
A number of research firms have weighed in on FNKO. BMO Capital Markets upped their price target on Funko from $8.00 to $10.50 and gave the stock a “market perform” rating in a report on Monday, August 13th. Jefferies Financial Group restated a “buy” rating and issued a $23.00 price target on shares of Funko in a report on Friday, August 10th. Zacks Investment Research cut Funko from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. JPMorgan Chase & Co. upped their price target on Funko from $14.00 to $24.00 and gave the stock an “overweight” rating in a report on Friday, August 10th. Finally, Piper Jaffray Companies set a $24.00 price target on Funko and gave the stock a “buy” rating in a report on Thursday, August 9th. Two equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $18.72.
In other news, President Andrew Mark Perlmutter sold 55,000 shares of the stock in a transaction that occurred on Monday, September 17th. The stock was sold at an average price of $20.02, for a total transaction of $1,101,100.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Tracy D. Daw sold 10,000 shares of the stock in a transaction that occurred on Tuesday, September 18th. The shares were sold at an average price of $20.36, for a total value of $203,600.00. The disclosure for this sale can be found here. Corporate insiders own 18.39% of the company’s stock.
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Funko Company Profile
Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, China, Vietnam, and the United Kingdom. The company offers vinyl, bobble head, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets.
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