In the last trading session, 1.54 million Funko Inc (NASDAQ:FNKO) shares changed hands as the company’s beta touched 0.95. With the company’s per share price at $4.49 changed hands at -$0.49 or -9.84% during last session, the market valuation stood at $244.86M. FNKO’s last price was a discount, traded about -226.28% off its 52-week high of $14.65. The share price had its 52-week low at $4.78, which suggests the last value was -6.46% down since then. When we look at Funko Inc’s average trading volume, we note the 10-day average is 1.18 million shares, with the 3-month average coming to 1.02 million.
Analysts gave the Funko Inc (FNKO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 1 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended FNKO as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Funko Inc’s EPS for the current quarter is expected to be -0.44.
Funko Inc (NASDAQ:FNKO) trade information
Instantly FNKO was in red as seen at the end of in last trading. With action -34.55%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -66.47%, with the 5-day performance at -34.55% in the red. However, in the 30-day time frame, Funko Inc (NASDAQ:FNKO) is -41.61% down. Looking at the short shares, we see there were 4.09 million shares sold at short interest cover period of 3.45 days.
The consensus price target for the stock as assigned by Wall Street analysts is 12.5, meaning bulls need an upside of 64.08% from its current market value. According to analyst projections, FNKO’s forecast low is 12 with 13 as the target high. To hit the forecast high, the stock’s price needs a -189.53% plunge from its current level, while the stock would need to soar -167.26% for it to hit the projected low.
Funko Inc (FNKO) estimates and forecasts
Year-over-year growth is forecast to reach 1.24% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of 191.96M. 2 analysts are of the opinion that Funko Inc’s revenue for the current quarter will be 238.98M. The company’s revenue for the corresponding quarters a year ago was 215.7M and 247.66M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -11.01%. The estimates for the next quarter sales put growth at -3.51%.
The 2025 estimates are for Funko Inc earnings to decrease by -21.88%, but the outlook for the next 5-year period is at 87.22% per year.
FNKO Dividends
Funko Inc is expected to release its next quarterly earnings report on 2025-Mar-05.
Funko Inc (NASDAQ:FNKO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.07% of Funko Inc shares while 91.31% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 101.54%. There are 91.31% institutions holding the Funko Inc stock share, with TCG CAPITAL MANAGEMENT, LP the top institutional holder. As of 2024-06-30, the company held 24.0288% of the shares, roughly 12.52 million FNKO shares worth $122.2 million.
WORKING CAPITAL ADVISORS (UK) LTD. holds the second largest percentage of outstanding shares, with 13.6832% or 7.13 million shares worth $69.59 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were MFS SERIES TRUST XIII-MFS New Discovery Value Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund . With 1.02 shares estimated at $4.59 million under it, the former controlled 1.90% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund held about 1.83% of the shares, roughly 986.2 shares worth around $4.43 million.
