FuboTV (NYSE:FUBO - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of ($0.16) per share and revenue of $445.17 million for the quarter. Individual that are interested in registering for the company's earnings conference call can do so using this link.
FUBO opened at $3.85 on Friday. The stock has a market capitalization of $1.28 billion, a price-to-earnings ratio of -5.74 and a beta of 1.99. The company has a fifty day moving average of $3.27 and a 200 day moving average of $2.16. FuboTV has a fifty-two week low of $1.10 and a fifty-two week high of $6.45. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.54 and a current ratio of 0.54.
In other news, CEO David Gandler sold 1,425,888 shares of the firm's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $5.01, for a total value of $7,143,698.88. Following the completion of the sale, the chief executive officer now owns 346,817 shares in the company, valued at approximately $1,737,553.17. This trade represents a 80.44 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Alberto Horihuela sold 403,847 shares of the firm's stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $6.03, for a total transaction of $2,435,197.41. Following the completion of the sale, the chief operating officer now owns 1,449,751 shares of the company's stock, valued at $8,741,998.53. This trade represents a 21.79 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,835,603 shares of company stock worth $9,613,987 over the last 90 days. 7.00% of the stock is owned by insiders.
Several equities analysts recently weighed in on FUBO shares. Huber Research raised shares of FuboTV to a "strong-buy" rating in a research note on Friday, January 31st. Roth Mkm reaffirmed a "neutral" rating and set a $4.75 target price (up from $2.00) on shares of FuboTV in a research note on Tuesday, January 7th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, FuboTV has an average rating of "Moderate Buy" and a consensus target price of $3.43.
Check Out Our Latest Stock Report on FuboTV
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.
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