Funko Inc. (NASDAQ:FNKO) went down by -0.17% during the previous trading session, and it is maintaining the win ahead of Thursday’s trading session. The share price of the Leisure giant went up by $5.89 to trade ended Thursday trading at $5.90. This is down from the $5.9 price recorded on Wednesday’s trading session. Thanks to this latest performance, FNKO is closer to the higher price 52-week target of $6.00 and further from the lowest price target of $3.00. Its performance from the start of the year has also been negative, with FNKO down by -65.68% year-to-date.
Funko Inc. (FNKO) started the day trading at $6.09 and recorded an intraday high of $6.2. It also recorded an intraday low of $5.8545 during Thursday’s trading session. Funko Inc. is a very active stock that recorded a trading volume that is less than -111.93% of the average daily trading volume on Thursday. The stock’s trading volume on Thursday was 461641, which is less than -111.93 of the total average daily trading volume of 978.34K.
Funko Inc. (NASDAQ:FNKO) 2020 Performance Impressive
The increase in FNKO’s stock price on Thursday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of FNKO currently stands at $27.89, which is higher than the current trading price of the stock by 78.88%. However, FNKO’s current trading price is -88.78% lower than the 52-week low price of $3.12. In terms of trading volume, Funko Inc. currently experienced healthy participation during the last trading session. 461641 shares of Funko Inc. were traded on the stock exchange on Thursday, which is less than -111.93% of the 978.34K average trading volume of the stock.
The performance of the stock has been positive over the past year. FNKO’s performance over the past one year has seen it plunge by -72.82%, while the stock has gone down by -66.48% in the last six months. The quarterly performance of FNKO currently stands at 66.86%, and it is down by -6.36% in the last month. The only positive figure was from the weekly performance, which currently reads 3.33%. At the time of writing FNKO’s report, the company has a total market cap of $292.03M, making it one of the largest publicly-traded companies in the world.Funko Inc. also has over 1077 employees all over the world.
FNKO Insider Activities
For Funko Inc., insiders hold 82.30% of all company shares. The insider transactions over the past six months are up by 0.40%. During that period, insiders bought 35,126 shares in 11 transactions. In that same period, insiders sold 0 of their shares in 0 transactions. After these transactions, insiders at Funko Inc. now hold 10.43M shares, which is over 75.56% of the total company stocks. Institutional investors currently hold a large chunk of the FNKO shares, as they control 29.84% of the company’s total stock.
FNKO Fundamental Analysis
For Funko Inc., the stock’s diluted earnings per share (EPS) stands at 0.17. In the coming year, analysts expect the EPS to be 0.48.
The Return on Investment (ROI) on Funko Inc.’s stock currently stands at 9.00%, and it has a net profit margin of 0.70%. The operating margin of the company is 4.00%, and its gross margin is 35.90%.
FNKO Analysts Prediction
In April 22, 2020, several analysts reiterated their positions on the Funko Inc. stock and predicted its performance to their investors. The analysts at Piper Sandler believe FNKO is still a Neutral and set the price target between $10 and $5. The Stifel has a Hold rating for Funko Inc., predicting the stock price to stay between $25 and $10. Another analyst that has a Underweight rating for FNKO is JP Morgan, which set a price target of between $29 and $9.50. Jefferies reiterate their Hold position on the stock ($27 and $11) and DA Davidson reiterate their Neutral position on the stock ($35 and $11).
Analysts at BofA/Merrill believe that FNKO is Underperform, and they have a price target of between $29 and $10. DA Davidson and Stifel also believe that Funko Inc.’s stock is outperforming at the moment. FNKO received a positive rating from Piper Jaffray, which set a price target of $30-$24 for the stock.
At the moment, Funko Inc.’s Total Debt to Equity ratio stands at 1.09, and they have a long-term Debt to Equity ratio of 0.89.
FNKO Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of FNKO currently stands at -4.98%, while the SMA50 is 13.34%. The biggest one is the SMA200, which is currently reading -46.60% ahead of Thursday’s trading session. The Relative Strength Index of this stock is 53.07, while its price to earnings ratio (P/E) is 34.44.