In the latest trading session, 1.85 million fuboTV Inc (NYSE:FUBO) shares changed hands as the company’s beta touched 1.76. With the company’s most recent per share price at $1.34 changed hands at -$0.03 or -2.19% at last look, the market valuation stands at $447.69M. FUBO’s current price is a discount, trading about -155.22% off its 52-week high of $3.42. The share price had its 52-week low at $1.10, which suggests the last value was 17.91% up since then. When we look at fuboTV Inc’s average trading volume, we note the 10-day average is 13.45 million shares, with the 3-month average coming to 10.48 million.
Analysts gave the fuboTV Inc (FUBO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.75. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended FUBO as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. fuboTV Inc’s EPS for the current quarter is expected to be -0.11.
fuboTV Inc (NYSE:FUBO) trade information
Instantly FUBO was in red as seen in intraday trades today. With action -8.84%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -57.86%, with the 5-day performance at -8.84% in the red. However, in the 30-day time frame, fuboTV Inc (NYSE:FUBO) is -5.63% down. Looking at the short shares, we see there were 39.23 million shares sold at short interest cover period of 3.17 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need an upside of 33.0% from its recent market value. According to analyst projections, FUBO’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a -49.25% plunge from its current level, while the stock would need to soar -49.25% for it to hit the projected low.
fuboTV Inc (FUBO) estimates and forecasts
Data shows that the fuboTV Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 13.56% over the past 6 months, a 49.32% in annual growth rate that is considerably higher than the industry average of 19.10%. Year-over-year growth is forecast to reach 18.78% up from the last financial year.
Consensus estimates given by 9 financial analysts project the company’s revenue in the current quarter to hit an average of 444.91M. 6 analysts are of the opinion that fuboTV Inc’s revenue for the current quarter will be 436.98M. The company’s revenue for the corresponding quarters a year ago was 410.18M and 402.35M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 8.47%. The estimates for the next quarter sales put growth at 8.61%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 14.86%. The 2024 estimates are for fuboTV Inc earnings to increase by 42.17%.
fuboTV Inc (NYSE:FUBO)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 5.652% or 16.92 million shares worth $20.98 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. With 8.99 shares estimated at $12.04 million under it, the former controlled 18.96% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 16.34% of the shares, roughly 7.74 shares worth around $10.38 million.
