FNKO - フンコ （Funko Inc.） フンコ

Francesco Francavilla’s Us poster. | Image: Francesco Francavilla / Mondo It wasn’t a good sign when Funko announced earlier this month its plans to straight up destroy somewhere between $30 and $36 million worth of its collectible vinyl figurines due to dwindling demand that’s tanked their value. But Funko’s recent decision to lay off about half of the staffers at subsidiary Mondo paints a clear picture of a company struggling to secure its financial footing. Though Funko only acquired Mondo — the Austin-based nostalgic memorabilia outfit known for its small-batch movie posters and vinyl records — from Alamo Drafthouse last summer, The Wrap reports that “most of” Mondo’s staff, including co-founders Rob Jones and Mitch Putnam, were laid off this week. Along with the layoffs, Funko is said to be shuttering… Continue reading…

In last trading session, Funko Inc. (NASDAQ:FNKO) saw 0.66 million shares changing hands with its beta currently measuring 1.63. Company’s recent per share price level of $7.95 trading at -$0.32 or -3.87% at ring of the bell on the day assigns it a market valuation of $403.70M. That closing price of FNKO’s stock is at … Funko Inc. (NASDAQ:FNKO) Shares Are Down -19.53 Percent In A Week – But Can The Gains Continue? Read More »

Funko having to dump inventory is a sign demand is weak. Click here to find out why FNKO stock is a Sell.

On March 1, toy brand Funko--rarely the sort of company that makes national headlines--made national headlines with a single paragraph buried in its fourth quarter earnings report. After delivering what was already bad news (a quarterly net loss of nearly $47 million), the company announced that it would be "managing inventory levels to align with…

Shares of Funko Inc (NASDAQ: FNKO ) have dropped more than 56% over the past six months, despite having recovered by almost 7% so far in 2023. To achieve the consensus EBIT growth estimates of 50% CAGR from 2022 to 2026, the company would need to execute successfully "against a relatively complex set of initiatives," according to Goldman Sachs. The Funko Analyst: Stephen Laszczyk initiated coverage of Funko … Full story available on Benzinga.com

Snap, Hasbro and Funko were all downgraded Wednesday, while Foot Locker was upgraded by Credit Suisse.

Goldman Sachs dropped its rating on Funko (FNKO) on Wednesday on concerns over the growth track for the toy company

Goldman Sachs downgraded Funko to sell from neutral, citing the risky nature of its multi-year earnings target.

https://www.investing.com/news/pro/goldman-sachs-downgrades-funko-to-sell-432SI-2992567

Pulled from Benzinga Pro data, Funko (NASDAQ: FNKO ) showed a loss in earnings since Q2, totaling $11.15 million. Sales, on the other hand, increased by 15.8% to $365.61 million during Q3. In Q2, Funko earned $15.79 million and total sales reached $315.72 million. What Is Return On Capital Employed? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful … Full story available on Benzinga.com

Funko Inc. (NASDAQ:FNKO)’s traded shares stood at 1.43 million during the last session, with the company’s beta value hitting 1.83. At the close of trading, the stock’s price was $9.83, to imply an increase of 0.20% or $0.02 in intraday trading. The FNKO share’s 52-week high remains $27.79, putting it -182.71% down since that peak … After The Stock Fell -49.59% Over The Week, Is Funko Inc. (NASDAQ: FNKO) Still A Buy? Read More »

Funko stock sells for a seemingly cheap P/E ratio, but beware of falling profit margins.

The pop culture collectibles maker is running out of steam.

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