Funko (FNKO) Expected to Announce Quarterly Earnings on Thursday

Funko (NASDAQ:FNKO) is expected to announce its earnings results 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. Individual that wish to listen to the company’s earnings conference call can do so using this link.

Funko Price Performance

Shares of NASDAQ FNKO opened at $11.66 on Tuesday. The firm has a market cap of $631.46 million, a PE ratio of -24.29 and a beta of 1.15. The company has a current ratio of 0.96, a quick ratio of 0.64 and a debt-to-equity ratio of 0.44. Funko has a 1-year low of $5.36 and a 1-year high of $14.65. The company has a fifty day moving average price of $13.46 and a 200 day moving average price of $12.10.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. DA Davidson restated a “buy” rating and set a $16.00 price objective on shares of Funko in a research note on Thursday, January 2nd. Stifel Nicolaus increased their price objective 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.

Insider Buying and Selling at Funko

In other news, insider Andrew David Oddie sold 27,712 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $13.67, for a total transaction of $378,823.04. Following the transaction, the insider now directly owns 20,186 shares of the company’s stock, valued at approximately $275,942.62. This trade represents a 57.86 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Tracy D. Daw sold 14,650 shares of the firm’s stock in a transaction that occurred 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 $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 a total of 43,079 shares of company stock valued at $572,769 in the last three months. 4.81% of the stock is currently owned by company insiders.

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.