Here is how fuboTV Inc (FUBO) stock might take investors finances to the next level

A share price of fuboTV Inc [FUBO] is currently trading at $1.75, up 0.57%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FUBO shares have gain 3.55% over the last week, with a monthly amount glided 23.24%, and 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

From an analyst’s perspective:

fuboTV Inc [NYSE: FUBO] stock has seen the most recent analyst activity on August 20, 2024, when Barrington Research reiterated its Mkt Perform rating. Previously, Seaport Research Partners downgraded its rating to Neutral on August 19, 2024. On July 05, 2024, Needham reiterated its Buy rating and revised its price target to $2 on the stock. Seaport Research Partners upgraded its rating to a Buy but stick to its price target of $2.50 on March 04, 2024. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $5 as its price target on December 12, 2023. In a note dated February 28, 2023, Evercore ISI downgraded an In-line rating on this stock and revised its target price from $6 to $3.

fuboTV Inc experienced fluctuations in its stock price throughout the past year between $1.10 and $3.82. Currently, Wall Street analysts expect the stock to reach $2 within the next 12 months. fuboTV Inc [NYSE: FUBO] shares were valued at $1.75 at the most recent close of the market. An investor can expect a potential return of 14.29% based on the average FUBO price forecast.

Analyzing the FUBO fundamentals

Trailing Twelve Months sales for fuboTV Inc [NYSE:FUBO] were 1.59B which represents 20.34% growth. Gross Profit Margin for this corporation currently stands at 0.09% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.13%, and Net Profit Margin reading is -0.13%. To continue investigating profitability, this company’s Return on Assets is posted at -0.18, Equity is -0.78 and Total Capital is -0.38. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.47.

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 1.6900 points at the first support level, and at 1.6300 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.7900, and for the 2nd resistance point, it is at 1.8300.

Ratios To Look Out For

To put it in perspective, the Current Ratio for fuboTV Inc [NYSE:FUBO] is 0.54. In addition, the Quick Ratio stands at 0.54 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 0.37, the price to book ratio is 2.48.

Transactions by insiders

Recent insider trading involved Janedis John, Chief Financial Officer, that happened on Nov 22 ’24 when 76766.0 shares were sold. Chief Financial Officer, Janedis John completed a deal on Nov 21 ’24 to sell 74326.0 shares. Meanwhile, Chief Operating Officer Horihuela Alberto sold 47478.0 shares on Nov 21 ’24.

Related Posts