Funko (FNKO) Projected to Post Earnings on Thursday

Funko (NASDAQ:FNKO) will likely be releasing its earnings data after the market closes on Thursday, March 6th. Analysts expect Funko to post earnings of $0.02 per share and revenue of $286.12 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Funko Trading Down 3.2 %

NASDAQ:FNKO opened at $11.29 on Wednesday. The company has a market capitalization of $611.42 million, a P/E ratio of -23.52 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 12 month low of $5.36 and a 12 month high of $14.65. The firm has a fifty day simple moving average of $13.44 and a 200-day simple moving average of $12.11.

Insider Transactions at Funko

In other Funko news, insider Tracy D. Daw sold 14,650 shares of the business’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 value of $183,857.50. Following the completion of the transaction, the insider now directly owns 6,362 shares of the company’s stock, valued at approximately $79,843.10. The trade was a 69.72 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Andrew David Oddie sold 27,712 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $13.67, for a total transaction of $378,823.04. Following the sale, the insider now directly owns 20,186 shares in the company, valued at $275,942.62. The trade was a 57.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 43,079 shares of company stock worth $572,769 over the last 90 days. 4.81% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have commented on the company. Stifel Nicolaus lifted their price target on Funko from $11.00 to $12.00 and gave the stock a “hold” rating in a research report on Friday, January 3rd. DA Davidson reaffirmed a “buy” rating and set a $16.00 target price on shares of Funko in a report on Thursday, January 2nd.

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.