fuboTV Inc (NYSE:FUBO) has a beta value of 1.87 and has seen 197.02 million shares traded in the recent trading session. The company, currently valued at $1.97B, closed the recent trade at $5.89 per share which meant it gained $0.83 on the day or 16.30% during that session. The FUBO stock price is 10.02% off its 52-week high price of $5.30 and 81.32% above the 52-week low of $1.10. If we look at the company’s 10-day average daily trading volume, we find that it stood at 78.67 million shares traded. The 3-month trading volume is 21.82 million shares.
The consensus among analysts is that fuboTV Inc (FUBO) is Buy stock at the moment, with a recommendation rating of 2.75. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.11.
fuboTV Inc (NYSE:FUBO) trade information
Sporting 16.30% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FUBO stock price touched $5.89 or saw a rise of 7.24%. Year-to-date, fuboTV Inc shares have moved 367.06%, while the 5-day performance has seen it change 370.80%. Over the past 30 days, the shares of fuboTV Inc (NYSE:FUBO) have changed 230.62%. Short interest in the company has seen 39.53 million shares shorted with days to cover at 3.16.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could drop -194.5% from the levels at last check today.. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is 66.04% off the targeted high while a plunge would see the stock lose 66.04% from the levels at last check today..
fuboTV Inc (FUBO) estimates and forecasts
Figures show that fuboTV Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 374.60% over the past 6 months, with this year growth rate of 49.32%, compared to 19.00% for the industry. Revenue growth from the last financial year stood is estimated to be 18.79%.
8 analysts offering their estimates for the company have set an average revenue estimate of 444.94M for the current quarter. 6 have an estimated revenue figure of 436.98M for the next ending quarter. Year-ago sales stood 410.18M and 402.35M respectively for this quarter and the next, and analysts expect sales will grow by 8.47% for the current quarter and 18.79% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 14.86% over the past 5 years.
FUBO Dividends
fuboTV Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
fuboTV Inc (NYSE:FUBO)’s Major holders
The top two institutional holders are BLACKROCK INC. with over 22.17 million shares worth more than $27.49 million. As of 2024-06-30, BLACKROCK INC. held 7.4055% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 16.92 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.98 million and represent 5.652% of shares outstanding.
