fuboTV Inc [FUBO] stock is trading at $1.58, saw in change for the day. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The FUBO shares have gain 4.64% over the last week, with a monthly amount drifted -23.67%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
On 29, March 2024, Fubo Announces Inducement Grants Under NYSE Listing Rule 303A.08. In a post published today on Yahoo Finance, FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that on March 26, 2024, the Compensation Committee of Fubo’s Board of Directors granted restricted stock unit awards covering an aggregate of 39,291 shares of its common stock to seven new employees to induce them to join Fubo. The awards were granted under Fubo’s 2023 Employment Inducement Equity Incentive Plan, and vest annually over a four-year period following their grant, subject to continued employment. The awards were granted as employment inducement awards pursuant to the New York Stock Exchange rules.
From an analyst’s perspective:
fuboTV Inc [NYSE: FUBO] stock has seen the most recent analyst activity on March 04, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $2.50 for it. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on December 12, 2023, and set its price target to $5. On October 06, 2023, Seaport Research Partners initiated with a Neutral rating. Evercore ISI downgraded its rating to a In-line and decreased its price target to $3 on February 28, 2023. Wedbush upgraded its rating to a Outperform but $6 remained the price target by the analyst firm on September 23, 2022. Wedbush downgraded its rating to Neutral for this stock on August 17, 2022, and upped its price target to $6. In a note dated May 06, 2022, ROTH Capital downgraded an Neutral rating on this stock and revised its target price from $7.50 to $4.25.
fuboTV Inc [FUBO] stock has fluctuated between $1.03 and $3.87 over the past year. Currently, Wall Street analysts expect the stock to reach $5.96 within the next 12 months. fuboTV Inc [NYSE: FUBO] shares were valued at $1.58 at the most recent close of the market. An investor can expect a potential return of 277.22% based on the average FUBO price forecast.
Analyzing the FUBO fundamentals
fuboTV Inc [NYSE:FUBO] reported sales of 1.37B for the trailing twelve months, which represents a growth of 28.46%. Gross Profit Margin for this corporation currently stands at 0.06% with Operating Profit Margin at -0.21%, Pretax Profit Margin comes in at -0.21%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.23, Equity is -0.77 and Total Capital is -0.4. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.37.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.5300 points at the first support level, and at 1.4800 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.6100, and for the 2nd resistance point, it is at 1.6400.
fuboTV Inc [FUBO] reported earnings per share of -$0.24 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of -$0.31/share, meaning a difference of $0.07 and a surprise factor of 22.60%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were -$0.29 per share as compared to estimates of -$0.32 per share, a difference of $0.03 representing a surprise of 9.40%.
Ratios To Look Out For
For context, fuboTV Inc’s Current Ratio is 0.75. Further, the Quick Ratio stands at 0.75, while the Cash Ratio is 0.47. Considering the valuation of this stock, the price to sales ratio is 0.35, the price to book ratio is 1.60.
Transactions by insiders
Recent insider trading involved Janedis John, Chief Financial Officer, that happened on Mar 04 ’24 when 18000.0 shares were sold. Chief Financial Officer, Janedis John completed a deal on Feb 23 ’24 to sell 30413.0 shares. Meanwhile, Chief Financial Officer Janedis John sold 22342.0 shares on Feb 22 ’24.
