Funko (FNKO) Set to Announce Quarterly Earnings on Thursday

Funko (NASDAQ:FNKO) will announce its earnings results after the market closes on Thursday, May 9th. Analysts expect the company to announce earnings of ($0.35) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Funko (NASDAQ:FNKO) last issued its earnings results on Thursday, March 7th. The company reported ($0.05) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.05). Funko had a negative net margin of 14.06% and a negative return on equity of 20.78%. The business had revenue of $291.24 million during the quarter, compared to analysts’ expectations of $284.90 million. On average, analysts expect Funko to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Funko Price Performance

Shares of FNKO opened at $6.69 on Wednesday. The firm has a fifty day moving average price of $6.21 and a 200 day moving average price of $6.89. The stock has a market cap of $355.04 million, a PE ratio of -2.07 and a beta of 1.05. Funko has a 1-year low of $5.27 and a 1-year high of $13.42. The company has a debt-to-equity ratio of 0.55, a current ratio of 0.96 and a quick ratio of 0.62.

Analyst Ratings Changes

Separately, B. Riley assumed coverage on Funko in a research note on Wednesday, April 10th. They issued a “buy” rating and a $10.00 price objective for the company. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $8.92.

Insider Buying and Selling at Funko

In other Funko news, insider Tracy D. Daw sold 7,500 shares of the business’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $6.08, for a total value of $45,600.00. Following the transaction, the insider now directly owns 58,670 shares of the company’s stock, valued at approximately $356,713.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CFO Pendeven Yves Le sold 4,134 shares of the company’s stock in a transaction on Tuesday, April 2nd. The stock was sold at an average price of $6.10, for a total transaction of $25,217.40. Following the transaction, the chief financial officer now owns 27,983 shares of the company’s stock, valued at $170,696.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Tracy D. Daw sold 7,500 shares of the firm’s stock in a transaction on Wednesday, April 3rd. The shares were sold at an average price of $6.08, for a total value of $45,600.00. Following the completion of the sale, the insider now directly owns 58,670 shares of the company’s stock, valued at approximately $356,713.60. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 34,972 shares of company stock worth $223,485. 4.81% of the stock is currently owned by insiders.

Funko Company Profile

Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, Europe, and internationally. The company provides media and entertainment content, including movies, television (TV) shows, video games, music, and sports; figures, handbags, backpacks, wallets, apparel, accessories, plush products, homewares, and digital non-fungible tokens; and art prints and vinyl records, posters, soundtracks, toys, books, games, and other collectibles.