Funko - FNKO Stock Forecast, Price & News

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 vinyl, blind-packed miniature, and action figures; fashion accessories, including bags, backpacks, and wallets; apparel, such as t-shirts and hats; board games, plush products, and accessories, such as keychains, pens, and pins; homewares, comprising drinkware, and other home accessories, non-fungible tokens, and others. It offers its products under the Funko, Pop!, Loungefly, Mystery Minis, Paka Paka, Vinyl Gold, Funko Soda, Funko Games, Funko action figures, Funko Plush, Funko Gold, and Popsies brand names; and licenses its properties under the classic evergreen, movie release, current TV, and current video game categories. The company sells its products to specialty retailers, mass-market retailers, e-commerce sites, and distributors; and at specialty licensing and comic book shows, conventions, and exhibitions, as well as through its e-commerce business. Funko, Inc. was incorporated in 2017 and is headquartered in Everett, Washington.

Funko Trading Up 2.3 %

FNKO Stock traded up $0.47 during mid-day trading on Monday, reaching $21.34. The company's stock had a trading volume of 12,684 shares, compared to its average volume of 674,172. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 19.47, a price-to-earnings-growth ratio of 0.55 and a beta of 1.92. The business's 50 day moving average price is $23.10 and its 200 day moving average price is $19.73. The company has a current ratio of 1.37, a quick ratio of 0.76 and a debt-to-equity ratio of 0.35. Funko has a 12 month low of $15.28 and a 12 month high of $27.79.

Funko (NASDAQ:FNKO - Get Rating) last issued its earnings results on Thursday, August 4th. The company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. Funko had a return on equity of 15.64% and a net margin of 3.92%. The business had revenue of $315.72 million during the quarter, compared to the consensus estimate of $292.63 million. During the same period in the previous year, the company posted $0.35 earnings per share. The firm's revenue for the quarter was up 33.7% on a year-over-year basis. On average, equities research analysts predict that Funko will post 1.72 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. DA Davidson lowered their price objective on Funko from $50.00 to $48.00 and set a "buy" rating for the company in a research report on Friday, August 5th. JPMorgan Chase & Co. upgraded Funko from a "neutral" rating to an "overweight" rating and raised their price objective for the stock from $25.00 to $28.00 in a research report on Thursday, June 23rd.

Insider Activity at Funko

In other Funko news, Director Kenneth R. Brotman sold 4,720 shares of the business's stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $21.00, for a total value of $99,120.00. Following the transaction, the director now owns 1,180 shares of the company's stock, valued at $24,780. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other Funko news, Director Kenneth R. Brotman sold 4,720 shares of the business's stock in a transaction on Thursday, May 19th. The stock was sold at an average price of $21.00, for a total value of $99,120.00. Following the transaction, the director now owns 1,180 shares of the company's stock, valued at $24,780. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CRO Andrew David Oddie sold 1,187 shares of the business's stock in a transaction on Saturday, July 30th. The stock was sold at an average price of $26.30, for a total value of $31,218.10. Following the completion of the transaction, the executive now directly owns 25,903 shares in the company, valued at approximately $681,248.90. The disclosure for this sale can be found here. Insiders have sold a total of 56,335 shares of company stock valued at $1,320,060 over the last 90 days. Insiders own 12.56% of the company's stock.