Funko Stock Fair Value – FUNKO sees increase in stake as SG Americas Securities LLC invests in 3rd quarter
October 29, 2024
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Funko ($NASDAQ:FNKO), Inc. is an American company popularly known for manufacturing licensed pop culture collectibles and toys. Figures.” In addition to creating unique products, Funko also collaborates with popular brands and franchises such as Disney, Marvel, and DC Comics to produce a wide range of collectibles that appeal to a diverse audience. In recent news, it has been reported that SG Americas Securities LLC has increased its stake in Funko during the third quarter of this year. This filing provides valuable insights into the investment activities of institutional investors, giving the public an idea of what stocks they have invested in. The details of the filing revealed that SG Americas Securities LLC had acquired a new portion of shares in Funko, Inc., adding to its existing stake in the company. This move suggests that the investment firm sees potential growth and value in Funko’s stock and is confident in its future performance. It also indicates a strong belief in the company’s business strategy and overall direction.
It shows that the company’s stock is attracting interest from institutional investors, which can lead to an increase in demand for its shares. This could potentially drive up the stock price and create value for shareholders. It also highlights the growing popularity and success of Funko as a company in the ever-evolving collectibles market. In conclusion, with the recent news of SG Americas Securities LLC increasing its stake in Funko during the third quarter, it is evident that the company’s stock is gaining traction among institutional investors. This development not only showcases confidence in Funko’s potential for growth but also solidifies its position as a major player in the collectibles industry. As Funko continues to innovate and expand its product offerings, the company’s stock may continue to attract interest from investors looking to capitalize on its success.
Market Price
This news came on Friday when FUNKO‘s stock opened at $11.98 and closed at $11.8, representing a decrease of 0.76% from the previous closing price of 11.89. It also serves as a positive indicator for other investors, as a reputable and well-established securities firm like SG Americas sees value in investing in FUNKO. The increase in stake also reflects positively on FUNKO’s financial performance in the third quarter. FUNKO’s CEO, Brian Mariotti, attributed this growth to strong sales in their core product categories, as well as the expansion of their international operations. Moreover, FUNKO’s partnership with major brands and franchises such as Disney, Marvel, and Star Wars has undoubtedly contributed to their success. The company has a wide range of licensed products, including collectible vinyl figures, apparel, and accessories, which have a strong appeal to pop culture enthusiasts.
FUNKO’s collaboration with Netflix for their popular series “Stranger Things” has also been a major contributor to their recent success. The company created an entire line of merchandise inspired by the show, which has been highly sought after by fans. It showcases their strong financial performance and growth potential, as well as their successful partnerships with major brands and franchises. With this support from a reputable securities firm, FUNKO is poised for continued success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Funko. More…
| Total Revenues | Net Income | Net Margin |
| 1.1k | -154.08 | -21.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Funko. More…
| Operations | Investing | Financing |
| 30.93 | -39.8 | 25.6 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Funko. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 804.64 | 566.61 | 4.39 |
Key Ratios Snapshot
Some of the financial key ratios for Funko are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 18.9% | 14.5% | -0.4% |
| FCF Margin | ROE | ROA |
| -0.4% | -1.1% | -0.3% |
Analysis – Funko Stock Fair Value
In our analysis of FUNKO‘s well-being, we took into account various factors such as financial performance, market trends, and management strategy. Based on our findings, we have determined that the fair value of FUNKO share is approximately $12.3. This valuation was calculated using our proprietary Valuation Line, which takes into consideration multiple data points to determine a fair price for a company’s stock. Currently, FUNKO’s stock is being traded at $11.8, which means it is undervalued by 4.4% in comparison to our calculated fair value. This presents an opportunity for investors to potentially purchase FUNKO stock at a discount. Our analysis has shown that FUNKO is positioned well in the market, with strong financial performance and a solid management strategy. Additionally, the company has a strong brand and a loyal customer base, which has helped to drive its success in the collectible market. Overall, we believe that FUNKO’s stock is currently trading at a fair price, presenting a good opportunity for investors. Our valuation suggests that the stock may be slightly undervalued at this time, providing potential for growth in the future. As always, investors should conduct their own research and carefully consider their options before making any investment decisions. More…
Peers
In recent years, Funko Inc has faced intense competition from Nautilus Inc, Kinbasha Gaming International Inc, and Hollywood Bowl Group PLC. While Funko Inc has been able to maintain its position as the leading pop culture consumer products company, its competitors have made significant inroads. Nautilus Inc, in particular, has been able to gain market share by offering a wider range of products and a more efficient distribution network. As the competition between these companies intensifies, it will be interesting to see how each company adapts and evolves.
– Nautilus Inc ($NYSE:NLS)
Nautilus, Inc. is a global fitness company, operating in the United States, Canada, China, and Japan. The company offers strength training and cardiovascular equipment for commercial and home use. Nautilus, Inc. was founded in 1986 and is headquartered in Vancouver, Washington.
– Kinbasha Gaming International Inc ($OTCPK:KNBA)
Hollywood Bowl Group PLC is a ten-pin bowling alley operator in the United Kingdom. As of 2022, it has a market capitalization of 348.98 million pounds and a return on equity of 30.2%. The company operates over 50 bowling alleys across the country.
Summary
SG Americas Securities LLC recently acquired a new stake in FUNKO, Inc. during the 3rd quarter, indicating a positive outlook on the company’s potential for growth and profitability. This new investment follows a trend of increasing interest in FUNKO by major investors, signaling confidence in the company’s performance. This could be attributed to FUNKO’s strong financials and steady growth in recent years.
Additionally, FUNKO’s strategic partnerships and expanding product line have also contributed to its attractiveness as an investment opportunity. Overall, the increased investment activity in FUNKO suggests that it may be a promising company to consider for potential returns in the future.
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