Headlines about Funko (NASDAQ:FNKO) have been trending somewhat negative this week, according to Accern Sentiment. The research group identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Funko earned a news impact score of -0.02 on Accern’s scale. Accern also gave headlines about the company an impact score of 44.5068079885996 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the headlines that may have effected Accern’s rankings:
Get Funko alerts: 2 Giants Join Forces: Funko Announces Partnership With Epic Games (finance.yahoo.com) Hagens Berman Alerts Funko, Inc. (NASDAQ: FNKO) Investors to the August 27, 2018 Lead Plaintiff Deadline in the IPO Securities Class Action (finance.yahoo.com) Piper Jaffray Companies Increases Funko (FNKO) Price Target to $18.00 (americanbankingnews.com) How Funko Is Riding the Fortnite Wave (247wallst.com) Funko and Epic Games Partner to Launch Fortnite�� Toys and Collectibles (finance.yahoo.com)A number of research analysts have commented on the company. Zacks Investment Research upgraded Funko from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Wednesday, July 4th. Bank of America upped their price target on Funko from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Thursday, July 12th. Goldman Sachs Group downgraded Funko from a “buy” rating to a “neutral” rating and set a $16.00 price target for the company. in a research note on Monday. They noted that the move was a valuation call. Finally, Piper Jaffray Companies set a $18.00 price target on Funko and gave the stock a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $14.00.
Shares of FNKO traded up $1.21 during trading hours on Thursday, hitting $17.53. 1,422,413 shares of the company were exchanged, compared to its average volume of 294,313. The company has a market cap of $753.67 million and a PE ratio of 58.43. Funko has a 52 week low of $5.81 and a 52 week high of $18.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.01 and a current ratio of 1.63.
Funko (NASDAQ:FNKO) last released its quarterly earnings results on Thursday, May 10th. The company reported $0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.05. The company had revenue of $137.20 million for the quarter, compared to the consensus estimate of $122.64 million. The company’s revenue was up 38.4% on a year-over-year basis. research analysts predict that Funko will post 0.64 earnings per share for the current year.
About Funko
Funko, Inc, a pop culture consumer products company, designs, sources, and distributes licensed pop culture products in the United States, China, Vietnam, and the United Kingdom. The company offers vinyl, bobble head, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets.
Featured Story: Relative Strength Index
No comments:
Post a Comment