Funko (FNKO) Earns Daily News Impact Score of 0.13
Media headlines about Funko (NASDAQ:FNKO) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Funko earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.7391024612897 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- ‘Last Jedi’ Toy Sales Outshining ‘Force Awakens,’ Funko CEO Says (finance.yahoo.com)
- Funko, Inc. (FNKO) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- PEZ Candy, Inc. Announces New Partnership with Funko to Launch Pop! PEZ Collectibles (finance.yahoo.com)
- Bloomberg Markets: Airlines, Small Caps, Amazon Dominance (bloomberg.com)
- ICYMI: Beleaguered Biotech, Funko Shares In A Funk, And Auto Stocks (finance.yahoo.com)
Several research analysts have commented on the stock. BMO Capital Markets downgraded shares of Funko from an “outperform” rating to a “market perform” rating and set a $10.00 price objective for the company. in a report on Tuesday, December 19th. Jefferies Group set a $13.00 price objective on shares of Funko and gave the company a “buy” rating in a report on Wednesday, December 6th. Piper Jaffray Companies assumed coverage on shares of Funko in a report on Monday, November 27th. They set an “overweight” rating and a $12.00 price objective for the company. SunTrust Banks assumed coverage on shares of Funko in a report on Monday, November 27th. They set a “buy” rating and a $11.00 price objective for the company. Finally, Bank of America assumed coverage on shares of Funko in a report on Monday, November 27th. They set a “buy” rating and a $12.00 price objective for the company. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Funko presently has a consensus rating of “Buy” and an average price target of $12.38.
Funko (NASDAQ FNKO) opened at $6.00 on Tuesday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.06 and a quick ratio of 0.67. Funko has a 1-year low of $5.81 and a 1-year high of $9.90. The company has a market cap of $140.03 and a PE ratio of 19.35.
In other Funko news, Director Charles D. Denson purchased 13,300 shares of the stock in a transaction that occurred on Monday, November 6th. The stock was purchased at an average price of $12.00 per share, with a total value of $159,600.00. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.
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Funko Company Profile
Funko, Inc is a pop culture consumer products company. The Company is engaged in selling a broad range of pop culture consumer products, featuring characters from a range of media and entertainment content, including movies, TV shows, video games, music and sports. Its products combine its proprietary brands and designs into properties it licenses from content providers.
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