FuboTV (FUBO) to Release Earnings on Friday

FuboTV (NYSE:FUBO) is expected to be announcing its earnings results before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $445.17 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

FuboTV Price Performance

Shares of FUBO stock opened at $3.59 on Thursday. The firm’s 50 day moving average price is $3.46 and its two-hundred day moving average price is $2.24. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54. FuboTV has a 52-week low of $1.10 and a 52-week high of $6.45. The stock has a market cap of $1.20 billion, a PE ratio of -5.35 and a beta of 1.98.

Analyst Ratings Changes

FUBO has been the topic of several recent research reports. Roth Mkm restated a “neutral” rating and issued a $4.75 price target (up from $2.00) on shares of FuboTV in a research report on Tuesday, January 7th. Huber Research raised FuboTV to a “strong-buy” rating in a research note on Friday, January 31st. Four research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $3.43.

Insider Activity at FuboTV

In other FuboTV news, CFO John Janedis sold 25,823 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $4.16, for a total transaction of $107,423.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO David Gandler sold 1,425,888 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $5.01, for a total transaction of $7,143,698.88. Following the completion of the transaction, the chief executive officer now owns 346,817 shares of the company’s stock, valued at $1,737,553.17. This trade represents a 80.44 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,861,426 shares of company stock worth $9,721,411 in the last quarter. Corporate insiders own 7.00% of the company’s stock.

FuboTV Company Profile

fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.