In the last trading session, 34.46 million shares of the fuboTV Inc (NYSE:FUBO) were traded, and its beta was 1.77. Most recently the company’s share price was $3.82, and it changed around -$0.17 or -4.26% from the last close, which brings the market valuation of the company to $1.30B. FUBO currently trades at a discount to its 52-week high of $6.45, offering almost -68.85% off that amount. The share price’s 52-week low was $1.10, which indicates that the current value has risen by an impressive 71.2% since then. We note from fuboTV Inc’s average daily trading volume that its 10-day average is 159.29 million shares, with the 3-month average coming to 35.04 million.
fuboTV Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.75. If we narrow it down even further, the data shows that 0 out of 9 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 5 recommended FUBO as a Hold, whereas 2 deemed it a Buy, and 1 rated it as Underweight. fuboTV Inc is expected to report earnings per share of -0.11 for the current quarter.
fuboTV Inc (NYSE:FUBO) trade information
Instantly FUBO has showed a red trend with a performance of -4.26% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.89 on recent trading dayincreased the stock’s daily price by 21.88%. The company’s shares are currently up 203.17% year-to-date, but still down -25.24% over the last five days. On the other hand, fuboTV Inc (NYSE:FUBO) is 159.86% up in the 30-day period. We can see from the shorts that 39.25 million shares have been sold at a short interest cover period of 3.06 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to decrease their stock price by -91.0% from its current value. Analyst projections state that FUBO is forecast to be at a low of $2 and a high of $2.
fuboTV Inc (FUBO) estimates and forecasts
fuboTV Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 159.86 percent over the past six months and at a 39.73% annual growth rate that is well above the industry average of 18.20%. The year-over-year growth rate is expected to be 18.79%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 444.98M in revenue for the current quarter. 6 analysts expect fuboTV Inc to make 436.91M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 410.18M and 402.35M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.48%. Forecasts for the next quarter put sales growth at 8.59%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 14.86%.
FUBO Dividends
fuboTV Inc’s next quarterly earnings report is expected to be released in February.
VANGUARD GROUP INC, with 5.652% or 16.92 million shares worth $20.98 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Sep 30, 2024 . The former held 8.99 shares worth $34.32 million, making up 18.96% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 7.74 shares worth around $29.59 million, which represents about 16.34% of the total shares outstanding.
