Funko Inc (NASDAQ:FNKO) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $25.61 and last traded at $25.42, with a volume of 488449 shares traded. The stock had previously closed at $24.27.

A number of equities research analysts have issued reports on the stock. BMO Capital Markets upped their price objective on shares of Funko from $8.00 to $10.50 and gave the stock a “market perform” rating in a research report on Monday, August 13th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $23.00 price objective on shares of Funko in a research report on Friday, August 10th. Zacks Investment Research downgraded shares of Funko from a “buy” rating to a “hold” rating in a research report on Tuesday, August 14th. JPMorgan Chase & Co. upped their price objective on shares of Funko from $14.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, August 10th. Finally, Piper Jaffray Companies set a $24.00 price objective on shares of Funko and gave the stock a “buy” rating in a research report on Thursday, August 9th. Three analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $17.94.

The stock has a market cap of $1.23 billion and a price-to-earnings ratio of 88.73. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.03 and a current ratio of 1.55.

Funko (NASDAQ:FNKO) last released its earnings results on Thursday, August 9th. The company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.05. Funko had a net margin of 2.70% and a return on equity of 9.68%. The firm had revenue of $138.70 million during the quarter, compared to the consensus estimate of $122.54 million. Funko’s quarterly revenue was up 32.5% compared to the same quarter last year. equities analysts anticipate that Funko Inc will post 0.69 EPS for the current year.

Several institutional investors have recently added to or reduced their stakes in FNKO. Deutsche Bank AG bought a new position in shares of Funko during the 4th quarter valued at approximately $157,000. TIAA CREF Investment Management LLC bought a new position in shares of Funko during the 4th quarter valued at approximately $113,000. Millennium Management LLC bought a new position in shares of Funko during the 4th quarter valued at approximately $453,000. Citadel Advisors LLC grew its position in shares of Funko by 203.8% during the 1st quarter. Citadel Advisors LLC now owns 225,578 shares of the company’s stock valued at $1,852,000 after acquiring an additional 151,326 shares during the period. Finally, Element Capital Management LLC bought a new position in shares of Funko during the 1st quarter valued at approximately $104,000. 37.57% of the stock is owned by hedge funds and other institutional investors.

Funko Company Profile (NASDAQ:FNKO)

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

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