Funko (FNKO) Expected to Announce Quarterly Earnings on Thursday

Funko (NASDAQ:FNKO) will likely be issuing its quarterly earnings data after the market closes on Thursday, March 6th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $286.12 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Funko Stock Down 1.2 %

Shares of Funko stock opened at $12.72 on Thursday. The firm has a market cap of $688.59 million, a PE ratio of -26.49 and a beta of 1.15. The business’s 50 day simple moving average is $13.44 and its 200 day simple moving average is $12.02. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.64 and a current ratio of 0.96. Funko has a 52-week low of $5.36 and a 52-week high of $14.65.

Insider Buying and Selling

In other Funko news, insider Andrew David Oddie sold 27,712 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $13.67, for a total transaction of $378,823.04. Following the transaction, the insider now owns 20,186 shares of the company’s stock, valued at $275,942.62. The trade was a 57.86 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Tracy D. Daw sold 14,650 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $12.55, for a total value of $183,857.50. Following the sale, the insider now owns 6,362 shares in the company, valued at approximately $79,843.10. This represents a 69.72 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 43,079 shares of company stock worth $572,769. Corporate insiders own 4.81% of the company’s stock.

Wall Street Analyst Weigh In

FNKO has been the topic of a number of recent research reports. DA Davidson reiterated a “buy” rating and issued a $16.00 price objective on shares of Funko in a report on Thursday, January 2nd. Stifel Nicolaus raised their target price on shares of Funko from $11.00 to $12.00 and gave the company a “hold” rating in a research report on Friday, January 3rd.

About Funko

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.