Should Investors Trust The Upside Potential In fuboTV Inc (FUBO)?

fuboTV Inc (NYSE:FUBO) currently has a daily average trading volume of 19.45M but it saw 16548476 shares traded in last market. With a market cap of 1.08B USD, the company’s current market price of $3.16 came rising about 2.27 while comparing to the previous closing price of $3.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.45 and as low as $1.10.

Needham also issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $3 and $2.

Over the week, FUBO’s stock price is moving 7.12% up while it is 8.22% when we observe its performance for the past one month. Year-to-date it is 150.79% up and over the past year, the stock is showing an upside performance of 143.08%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.0 while estimate for next year EPS is 0.12. In next quarter, company is expected to be making quarterly sales of $347.88M as analysts are expecting the sales for current fiscal year at $1.53B and seeing the company making $1.66B in sales next year. Moreover, analysts are in estimates of $353.53M for current-quarter revenue.

Currently, fuboTV Inc’s total number of outstanding shares is 341.54M with 3.50% of that held by the insiders while 40.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 11.33% and return on equity (ROE) at 21.67%. It has a price to earnings ratio (P/E ratio) of 16.46. Stock’s beta reads 2.20. Stock has a price to book (P/B) ratio of 2.70 while price to sale or P/S ratio amounts to 0.66. Its return on asset (ROA) is 5.96% on average.

Comet Reports
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.