Wall Street brokerages expect Funko Inc (NASDAQ:FNKO) to announce earnings per share of $0.10 for the current fiscal quarter, according to Zacks Investment Research. Five analysts have made estimates for Funko’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.05. Funko posted earnings per share of $0.03 during the same quarter last year, which would suggest a positive year over year growth rate of 233.3%. The firm is scheduled to report its next earnings results on Thursday, May 9th.

On average, analysts expect that Funko will report full year earnings of $1.06 per share for the current financial year, with EPS estimates ranging from $0.90 to $1.12. For the next year, analysts expect that the business will post earnings of $1.28 per share, with EPS estimates ranging from $1.15 to $1.35. Zacks’ EPS averages are an average based on a survey of sell-side analysts that that provide coverage for Funko.

Several research analysts have recently commented on the stock. Zacks Investment Research raised shares of Funko from a “strong sell” rating to a “hold” rating in a report on Friday, January 11th. BMO Capital Markets boosted their target price on shares of Funko from $12.00 to $20.00 and gave the company a “market perform” rating in a research note on Friday, March 1st. Jefferies Financial Group boosted their target price on shares of Funko to $27.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Piper Jaffray Companies set a $27.00 target price on shares of Funko and gave the company a “buy” rating in a research note on Friday, March 1st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Funko to $30.00 and gave the company an “overweight” rating in a research note on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Funko presently has a consensus rating of “Buy” and a consensus price target of $23.00.

In other news, major shareholder Fundamental Capital Partners, sold 334,412 shares of the company’s stock in a transaction that occurred on Tuesday, March 12th. The shares were sold at an average price of $19.84, for a total value of $6,634,734.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Andrew Mark Perlmutter sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, January 25th. The stock was sold at an average price of $18.01, for a total transaction of $180,100.00. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,068,792 shares of company stock valued at $21,040,840. Company insiders own 18.39% of the company’s stock.

Several large investors have recently modified their holdings of FNKO. Renaissance Technologies LLC acquired a new stake in shares of Funko in the 3rd quarter worth approximately $12,615,000. SG Americas Securities LLC bought a new stake in shares of Funko in the 3rd quarter worth approximately $4,125,000. Osterweis Capital Management Inc. bought a new stake in shares of Funko in the 3rd quarter worth approximately $4,068,000. Shellback Capital LP bought a new stake in shares of Funko in the 4th quarter worth approximately $2,080,000. Finally, Systematic Financial Management LP bought a new stake in shares of Funko in the 3rd quarter worth approximately $3,188,000. 40.96% of the stock is owned by institutional investors.

Shares of NASDAQ FNKO traded up $0.58 during midday trading on Friday, hitting $21.68. The company’s stock had a trading volume of 31,151 shares, compared to its average volume of 584,840. Funko has a 1-year low of $7.42 and a 1-year high of $31.12. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.26 and a current ratio of 1.89. The firm has a market capitalization of $1.04 billion, a PE ratio of 31.84, a price-to-earnings-growth ratio of 1.25 and a beta of 2.76.

Funko Company Profile

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.

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Earnings History and Estimates for Funko (NASDAQ:FNKO)

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