How did Funko Inc (FNKO) surprise investors with its report?

Funko Inc [FNKO] stock is trading at $11.65, down -0.51%. An important factor to consider is whether the stock is rising or falling in short-term value. The FNKO shares have gain 2.01% over the last week, with a monthly amount glided 12.45%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Funko Inc [NASDAQ: FNKO] stock has seen the most recent analyst activity on April 10, 2024, when B. Riley Securities initiated its Buy rating and assigned the stock a price target of $10. Previously, Goldman downgraded its rating to Sell on February 01, 2023, and dropped its price target to $8.50. On January 12, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $13 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $9 on November 07, 2022. Truist downgraded its rating to a Hold and reduced its price target to $13 on November 04, 2022. JP Morgan downgraded its rating to Neutral for this stock on November 04, 2022, and downed its price target to $16. In a note dated June 23, 2022, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $25 to $28.

Funko Inc [FNKO] stock has fluctuated between $5.36 and $12.61 over the past year. Currently, Wall Street analysts expect the stock to reach $13.83 within the next 12 months. Funko Inc [NASDAQ: FNKO] shares were valued at $11.65 at the most recent close of the market. An investor can expect a potential return of 18.71% based on the average FNKO price forecast.

Analyzing the FNKO fundamentals

Funko Inc [NASDAQ:FNKO] reported sales of 1.05B for the trailing twelve months, which represents a drop of -6.45%. Gross Profit Margin for this corporation currently stands at 0.36% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.11 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.

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 11.53 points at the first support level, and at 11.40 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.76, and for the 2nd resistance point, it is at 11.86.

Ratios To Look Out For

For context, Funko Inc’s Current Ratio is 0.96. On the other hand, the Quick Ratio is 0.64, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 2.60.

Transactions by insiders

Recent insider trading involved LUNSFORD MICHAEL C, Director, that happened on Nov 15 ’24 when 97000.0 shares were sold. Officer, MICHAEL LUNSFORD completed a deal on Nov 15 ’24 to buy 97000.0 shares. Meanwhile, Director LUNSFORD MICHAEL C sold 7361.0 shares on Oct 01 ’24.

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