Goldman Sachs analyst Stephen Laszczyk maintained a Sell rating on Funko (FNKO – Research Report) yesterday. The company’s shares closed last Friday at $7.21.
According to TipRanks, Laszczyk is a 3-star analyst with an average return of 4.3% and a 58.33% success rate. Laszczyk covers the Communication Services sector, focusing on stocks such as Cinemark Holdings, IMAX, and Live Nation Entertainment.
Currently, the analyst consensus on Funko is a Hold with an average price target of $9.83.
Based on Funko’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $312.94 million and a GAAP net loss of $15.01 million. In comparison, last year the company earned a revenue of $365.61 million and had a net profit of $9.63 million
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Funko (FNKO) Company Description:
Funko, Inc. is a pop culture consumer products company, which engages in designing, sourcing, and distribution of licensed pop culture products. Its product lines include media and entertainment content, which comprises movies, TV shows, video games, music and sports. The company was founded in April 21, 2017 and is headquartered in Everett, WA.
