Funko (FNKO) Set to Announce Earnings on Thursday

Funko (NASDAQ:FNKO) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Funko (NASDAQ:FNKO) last issued its quarterly earnings results on Thursday, August 8th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.25. The business had revenue of $247.70 million for the quarter, compared to analyst estimates of $231.04 million. Funko had a negative net margin of 4.06% and a negative return on equity of 4.69%. Funko’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.53) EPS. On average, analysts expect Funko to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Funko Price Performance

Shares of FNKO opened at $11.51 on Tuesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.92 and a quick ratio of 0.59. The company’s fifty day moving average price is $11.50 and its 200-day moving average price is $9.79. Funko has a 1-year low of $5.36 and a 1-year high of $12.61. The firm has a market capitalization of $620.85 million, a PE ratio of -13.23 and a beta of 1.21.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on FNKO shares. Stifel Nicolaus increased their price objective on Funko from $9.00 to $10.50 and gave the company a “hold” rating in a report on Tuesday, October 22nd. B. Riley increased their price target on shares of Funko from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Thursday, September 12th. Finally, DA Davidson restated a “buy” rating and set a $12.00 price objective on shares of Funko in a research note on Friday, August 9th.

Insider Buying and Selling at Funko

In other news, Director Michael C. Lunsford sold 5,900 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $9.55, for a total transaction of $56,345.00. Following the sale, the director now owns 98,974 shares of the company’s stock, valued at $945,201.70. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In other Funko news, Director Michael C. Lunsford sold 7,361 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $12.02, for a total transaction of $88,479.22. Following the transaction, the director now owns 108,613 shares in the company, valued at approximately $1,305,528.26. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Michael C. Lunsford sold 5,900 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $9.55, for a total value of $56,345.00. Following the completion of the sale, the director now owns 98,974 shares of the company’s stock, valued at $945,201.70. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 35,805 shares of company stock valued at $415,169. 4.81% of the stock is 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.