Equities research analysts predict that Funko Inc (NASDAQ:FNKO) will post $0.14 earnings per share for the current fiscal quarter, Zacks Investment Research reports. Five analysts have issued estimates for Funko’s earnings, with the highest EPS estimate coming in at $0.18 and the lowest estimate coming in at $0.11. Funko reported earnings per share of $0.07 in the same quarter last year, which indicates a positive year over year growth rate of 100%. The company is expected to issue its next earnings report on Thursday, August 8th.

On average, analysts expect that Funko will report full-year earnings of $1.14 per share for the current financial year, with EPS estimates ranging from $1.10 to $1.16. For the next financial year, analysts anticipate that the firm will post earnings of $1.32 per share, with EPS estimates ranging from $1.23 to $1.36. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for Funko.

Funko (NASDAQ:FNKO) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.16 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.08. Funko had a return on equity of 15.28% and a net margin of 1.48%. The firm had revenue of $166.80 million for the quarter, compared to analyst estimates of $159.59 million. During the same period in the prior year, the firm posted $0.03 EPS. The company’s revenue for the quarter was up 21.6% on a year-over-year basis.

A number of research analysts have commented on FNKO shares. Zacks Investment Research raised Funko from a “sell” rating to a “hold” rating and set a $25.00 price objective on the stock in a report on Monday, May 6th. Stifel Nicolaus upped their price objective on Funko from $23.00 to $25.00 and gave the company a “buy” rating in a report on Monday, March 4th. They noted that the move was a valuation call. Jefferies Financial Group upped their price objective on Funko to $27.00 and gave the company a “buy” rating in a report on Friday, March 1st. JPMorgan Chase & Co. upped their price objective on Funko to $30.00 and gave the company an “overweight” rating in a report on Friday, March 1st. Finally, BMO Capital Markets upped their price objective on Funko from $12.00 to $20.00 and gave the company a “market perform” rating in a report on Friday, March 1st. Three research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $23.78.

NASDAQ FNKO traded up $0.49 on Thursday, reaching $21.43. The stock had a trading volume of 9,097 shares, compared to its average volume of 618,667. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.94 and a quick ratio of 1.31. Funko has a 1-year low of $9.37 and a 1-year high of $31.12. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 31.53, a P/E/G ratio of 1.21 and a beta of 2.48.

In related news, Director Charles D. Denson purchased 25,000 shares of the business’s stock in a transaction that occurred on Monday, May 13th. The shares were purchased at an average cost of $20.69 per share, for a total transaction of $517,250.00. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, President Andrew Mark Perlmutter sold 5,402 shares of Funko stock in a transaction on Wednesday, February 20th. The stock was sold at an average price of $20.00, for a total transaction of $108,040.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 1,613,471 shares of company stock worth $33,252,623. 16.26% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. grew its holdings in Funko by 22.0% during the third quarter. BlackRock Inc. now owns 683,376 shares of the company’s stock worth $16,190,000 after buying an additional 123,016 shares in the last quarter. Jane Street Group LLC bought a new position in shares of Funko during the 3rd quarter valued at about $261,000. Vanguard Group Inc. increased its position in shares of Funko by 17.5% during the 3rd quarter. Vanguard Group Inc. now owns 469,556 shares of the company’s stock valued at $11,123,000 after purchasing an additional 70,085 shares during the last quarter. Vanguard Group Inc increased its position in shares of Funko by 17.5% during the 3rd quarter. Vanguard Group Inc now owns 469,556 shares of the company’s stock valued at $11,123,000 after purchasing an additional 70,085 shares during the last quarter. Finally, Teachers Advisors LLC increased its position in shares of Funko by 7.6% during the 3rd quarter. Teachers Advisors LLC now owns 20,087 shares of the company’s stock valued at $476,000 after purchasing an additional 1,417 shares during the last quarter. Hedge funds and other institutional investors own 40.90% of the company’s stock.

About Funko

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, blind-packed miniature, and action figures; and plush products, accessories, apparels, and homewares, as well as bags, purses, and wallets.

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