DA Davidson Estimates Funko’s FY2025 Earnings (NASDAQ:FNKO)

Funko, Inc. (NASDAQ:FNKO) – Equities researchers at DA Davidson issued their FY2025 earnings per share estimates for Funko in a research report issued on Monday, March 10th. DA Davidson analyst L. Weiser forecasts that the company will earn ($0.07) per share for the year. DA Davidson has a “Buy” rating and a $13.00 price target on the stock. The consensus estimate for Funko’s current full-year earnings is ($0.12) per share.

Separately, Stifel Nicolaus boosted their target price on Funko from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Friday, January 3rd.

Funko Stock Performance

NASDAQ FNKO opened at $7.22 on Wednesday. The stock has a market capitalization of $391.01 million, a PE ratio of -15.04 and a beta of 0.94. Funko has a 1-year low of $5.36 and a 1-year high of $14.65. The business has a 50 day simple moving average of $12.79 and a two-hundred day simple moving average of $12.00. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.96 and a quick ratio of 0.64.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quest Partners LLC increased its stake in Funko by 160.9% in the third quarter. Quest Partners LLC now owns 6,559 shares of the company’s stock valued at $80,000 after purchasing an additional 4,045 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Funko during the third quarter worth about $196,000. Dynamic Technology Lab Private Ltd acquired a new stake in Funko during the 3rd quarter worth approximately $860,000. FMR LLC raised its holdings in Funko by 1,541.0% during the 3rd quarter. FMR LLC now owns 57,649 shares of the company’s stock worth $704,000 after purchasing an additional 54,136 shares during the last quarter. Finally, Walleye Capital LLC bought a new stake in shares of Funko in the 3rd quarter valued at $129,000. Institutional investors and hedge funds own 99.15% of the company’s stock.

Insider Buying and Selling

In other news, insider Andrew David Oddie sold 3,867 shares of the business’s stock in a transaction on Friday, March 7th. The shares were sold at an average price of $8.87, for a total transaction of $34,300.29. Following the completion of the sale, the insider now directly owns 23,200 shares of the company’s stock, valued at $205,784. The trade was a 14.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Tracy D. Daw sold 14,650 shares of the business’s 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 completion of the transaction, the insider now owns 6,362 shares in the company, valued at $79,843.10. This represents a 69.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 50,835 shares of company stock valued at $639,451 over the last quarter. 4.81% of the stock is currently owned by insiders.

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.