fuboTV Inc (NYSE:FUBO)’s traded shares stood at 27.54 million during the last session, with the company’s beta value hitting 2.00. At the close of trading, the stock’s price was $3.60, to imply a decrease of -6.25% or -$0.24 in intraday trading. The FUBO share’s 52-week high remains $6.45, putting it -79.17% down since that peak but still an impressive 69.44% since price per share fell to its 52-week low of $1.10.
Analysts have given a consensus recommendation of Buy for fuboTV Inc (FUBO), translating to a mean rating of 2.56. Of 7 analyst(s) looking at the stock, 0 analyst(s) give FUBO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 7 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.11.
fuboTV Inc (NYSE:FUBO) trade information
After registering a -6.25% downside in the last session, fuboTV Inc (FUBO) has traded red over the past five days. The 5-day price performance for the stock is -6.74%, and -2.44% over 30 days. With these gigs, the year-to-date price performance is 185.71%.
The extremes give us $2 and $16 for target low and target high price respectively. As such, FUBO has been trading -344.44% off suggested target high and 44.44% from its likely low.
fuboTV Inc (FUBO) estimates and forecasts
The rating firms project that company’s revenue will grow 18.79% compared to the previous financial year.
Revenue forecast for the current quarter as set by 9 analysts is 445.17M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 436.91M.Earnings reports from the last fiscal year show that sales brought in 410.18M and 402.35M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 8.53% before jumping 8.59% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 14.86% for the past 5-year period. While 2025 is set for a 42.19% return in earnings, projections for the next 5 years are at 62.80% annually.
FUBO Dividends
fuboTV Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
fuboTV Inc (NYSE:FUBO)’s Major holders
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 16.92 million shares, or about 5.652% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.98 million.
We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the fuboTV Inc (FUBO) shares. Going by data provided on Sep 30, 2024, Vanguard Total Stock Market Index Fund holds roughly 8.99 shares. This is just over 18.96% of the total shares, with a market valuation of $32.35 million. Data from the same date shows that the other fund manager holds a little less at 8.4, or 17.73% of the shares, all valued at about 30.24 million.
