Key Points
- CFO John Janedis sold 130,478 shares on Nov. 24 at an average of $3.12 for $407,091, and also sold 170,585 shares on Nov. 21 at $3.16 (about $539,049), according to the SEC filing.
- fuboTV reported quarterly EPS of $0.02 (vs. a -$0.04 consensus) and revenue of $377.2M (vs. $361.33M estimate), though revenue declined 2.3% year‑over‑year and analysts expect -$0.51 EPS for the fiscal year.
- The stock has a market cap of $1.07B, a one‑year trading range of $1.21–$6.45, and an average analyst rating of "Moderate Buy" with a consensus target price of $4.63.
fuboTV Inc. (NYSE:FUBO - Get Free Report) CFO John Janedis sold 130,478 shares of the stock in a transaction on Monday, November 24th. The stock was sold at an average price of $3.12, for a total transaction of $407,091.36. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
John Janedis also recently made the following trade(s):
- On Friday, November 21st, John Janedis sold 170,585 shares of fuboTV stock. The stock was sold at an average price of $3.16, for a total transaction of $539,048.60.
fuboTV Price Performance
Shares of NYSE FUBO opened at $3.12 on Wednesday. The firm has a market cap of $1.07 billion, a PE ratio of 8.65 and a beta of 2.55. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.48. fuboTV Inc. has a 1-year low of $1.21 and a 1-year high of $6.45. The company has a fifty day moving average price of $3.80 and a 200 day moving average price of $3.63.
fuboTV (NYSE:FUBO - Get Free Report) last released its quarterly earnings results on Monday, November 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.06. The firm had revenue of $377.20 million for the quarter, compared to the consensus estimate of $361.33 million. fuboTV had a negative return on equity of 6.66% and a net margin of 7.61%.The company's revenue for the quarter was down 2.3% on a year-over-year basis. During the same quarter last year, the business posted ($0.08) EPS. Research analysts predict that fuboTV Inc. will post -0.51 earnings per share for the current fiscal year.
Hedge Funds Weigh In On fuboTV
Several large investors have recently modified their holdings of FUBO. Bank of New York Mellon Corp grew its stake in fuboTV by 8.1% in the 1st quarter. Bank of New York Mellon Corp now owns 983,346 shares of the company's stock valued at $2,871,000 after buying an additional 74,001 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in fuboTV during the 1st quarter worth approximately $69,000. Mackenzie Financial Corp lifted its holdings in shares of fuboTV by 77.0% during the first quarter. Mackenzie Financial Corp now owns 20,454 shares of the company's stock worth $60,000 after buying an additional 8,900 shares in the last quarter. MASO CAPITAL PARTNERS Ltd acquired a new position in shares of fuboTV in the first quarter valued at about $467,000. Finally, Vanguard Group Inc. increased its position in fuboTV by 13.2% during the first quarter. Vanguard Group Inc. now owns 21,144,463 shares of the company's stock worth $61,742,000 after acquiring an additional 2,468,067 shares during the period. 39.31% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on FUBO. Wedbush reiterated an "outperform" rating and set a $6.00 price objective (up previously from $5.00) on shares of fuboTV in a research note on Wednesday, July 30th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of fuboTV in a research report on Wednesday, October 8th. Wall Street Zen cut shares of fuboTV from a "buy" rating to a "hold" rating in a research note on Sunday, August 10th. Needham & Company LLC restated a "buy" rating and set a $4.25 price objective on shares of fuboTV in a research note on Tuesday, November 4th. Finally, Zacks Research upgraded shares of fuboTV from a "hold" rating to a "strong-buy" rating in a research note on Thursday, November 6th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $4.63.
Check Out Our Latest Research Report on fuboTV
fuboTV Company Profile
(
Get Free Report)
fuboTV, Inc engages in providing subscription to sports, news, and entertainment content. It offers its services through streaming devices and on television, mobile phones, tablets, and computers. The company was founded by David Gandler, Alberto Horihuela Suarez, and Sung Ho Choi on February 20, 2009 and is headquartered in New York, NY.
Further Reading
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