Is Wall Street High Or Low On fuboTV Inc. (FUBO)?

fuboTV Inc. (NYSE:FUBO) finished Tuesday with an addition of $0.59 to close at $24.13, an upside of 2.51 percent. An average of 4,392,440 shares of common stock have been traded in the last five days. There was a gain of $1.24 in the past week. The last 20 days have seen an average of 5,250,475 shares traded, while the 50-day average volume stands at 6,239,642.

FUBO stock has decreased by -18.42% in the last month. The company shares reached their 1-month lowest point of $22.72 on 10/04/21. With the stock rallying to its 52-week high on 01/27/21, shares of the company touched a low of $9.06 and a high of $62.29 in 52 weeks. In spite of this, the price is down -61.26% from the 52-week high.


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Insider Transactions

57 days have passed since fuboTV Inc. (FUBO) last reported insider trading activity. Horihuela Alberto, who is Chief Marketing Officer, most recently acquired $75,000 shares at $33.00 per share on Aug 11. In this transaction, the insider spent $2,475,000. Chief Executive Officer, Gandler David, disposed of 66,482 shares at a price of $35.01 on Jun 25. The insider now owns more than $2,327,568 worth of shares. Prior to that, Chief Executive Officer Gandler David went on to Sale 22,160 shares at $35.01 each on Jun 25. An amount of $775,833 was transacted.

Valuation Metrics

fuboTV Inc. (FUBO) has a trailing price-to-earnings (P/E) ratio of 19.30 for the broader industry and 30.44 for the sector. This means investors are optimistic about the stock’s future prospects. In the last five years, fuboTV Inc.’s PE ratio has ranged between 12.76 and 2.011. The stock’s beta is 2.97. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 8.05, the price-to-book (PB) ratio at 5.50.

Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.51 for the quarter ending June 29. fuboTV Inc.’s EBITDA margin for the year ending June 29 is -85.57%. Its gross profit as reported stood at -$16.04 million compared to revenue of $217.75 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, fuboTV Inc.’s return on assets was -60.80%, compared to 1121.4% over the last five years. For the broader industry, ROE averaged 4.77 over the past year.

Earnings Surprise

The analyst consensus anticipated fuboTV Inc.’s latest quarter earnings to come in at -$0.5 per share, but it turned out to be -$0.68, a -36.00% surprise. For the quarter, EBITDA amounted to -$67.4 million. Shareholders own equity worth $141.67 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at fuboTV Inc. (FUBO) price momentum. RSI 9-day as of the close on 05 October was 42.11%, suggesting the stock is Neutral, with historical volatility in this time frame at 59.89%.

As of today, FUBO’s price is $23.86 +5.42% or $1.24 from its 5-day moving average. FUBO is currently trading -14.98% lower than its 20-day SMA and +17.54% higher than its 100-day SMA. However, the stock’s current price level is -7.58% below the SMA50 and -38.52% below the SMA200.

The stochastic %K and %D were 16.28% and 17.37%, respectively, and the average true range (ATR) was 1.39. With the 14-day stochastic at 24.96% and the average true range at 1.45, the RSI (14) stands at 42.15%. The stock has reached -0.50 on the 9-day MACD Oscillator while the 14-day reading was at -1.28.

Analyst Ratings

The consensus rating for fuboTV Inc. (FUBO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell FUBO, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 6 others rate it as a “buy”.

What is FUBO’s price target for the next 12 months?

Analysts predict a range of price targets between $30.00 and $60.00, with a median target of $42.00. Taking a look at these predictions, the average price target given by analysts for fuboTV Inc. (FUBO) stock is $43.86.

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