In yesterday’s Wall Street session, fuboTV Inc (NYSE:FUBO) shares traded at $3.18, up 0.32% from the previous session.
As of this writing, 9 analysts cover fuboTV Inc (NYSE:FUBO). The consensus rating among analysts is ‘Hold’. As we calculate the median target price by taking the range between a high of $5.00 and a low of $3.00, we find $3.25. Given the previous closing price of $3.17, this indicates a potential upside of 2.52 percent. FUBO stock price is now 20.71% away from the 50-day moving average and 49.77% away from the 200-day moving average. The market capitalization of the company currently stands at $931.14M.
There are 6 analysts who have given it a hold rating, whereas 2 have given it a buy rating. Brokers who have rated the stock have averaged $3.65 as their price target over the next twelve months.
In other news, Horihuela Alberto, Chief Operating Officer sold 36,827 shares of the company’s stock on Nov 22. The stock was sold for $117,515 at an average price of $3.19. Upon completion of the transaction, the Chief Operating Officer now directly owns 1,423,891 shares in the company, valued at $4.53 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22, Chief Financial Officer Janedis John sold 34,855 shares of the business’s stock. A total of $109,096 was realized by selling the stock at an average price of $3.13. This leaves the insider owning 18,000 shares of the company worth $57240.0. Insiders disposed of 131,319 shares of company stock worth roughly $0.42 million over the past 1 year. A total of 3.94% of the company’s stock is owned by insiders.
During the past 12 months, fuboTV Inc has had a low of $0.96 and a high of $3.87. As of last week, the company has a debt-to-equity ratio of 1.30, a current ratio of 0.84, and a quick ratio of 0.84. The fifty day moving average price for FUBO is $2.6344 and a two-hundred day moving average price translates $2.1233 for the stock.
The latest earnings results from fuboTV Inc (NYSE: FUBO) was released for Sep, 2023. According to the Broadcasting Company, earnings per share came in at -$0.29, beating analysts’ expectations of -$0.32 by 0.03. This compares to -$0.25 EPS in the same period last year. The net profit margin was -24.88% and return on equity was -77.87% for FUBO. The company reported revenue of $320.94 million for the quarter, compared to $224.99 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 42.64 percent. For the current quarter, analysts expect FUBO to generate $397.48M in revenue.
fuboTV Inc(FUBO) Company Profile
fuboTV Inc. operates a live TV streaming platform for live sports, news, and entertainment content in the United States and internationally. Its fuboTV platform allows customers to access content through streaming devices, as well as on SmartTVs, computers, mobile phones, and tablets. The company is headquartered in New York, New York.
