With 20.9 million shares changed hands, the volume of the stock remained lighter than its average volume of 44.7 million shares. The 52-week range on FUBO shows that it touched its highest point at $6.45 and its lowest point at $1.10 during that stretch. It currently has a 1-year price target of $4.85. Beta for the stock currently stands at 2.22.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FUBO was up-trending over the past week, with a rise of 2.66%, but this was down by -21.77% over a month. Three-month performance surged to 73.60% while six-month performance rose 87.27%. The stock gained 88.41% in the past year, while it has gained 145.24% so far this year. A look at the trailing 12-month EPS for FUBO yields -0.55 with Next year EPS estimates of -0.13. For the next quarter, that number is -0.10. This implies an EPS growth rate of 45.17% for this year and 55.93% for next year.
Float and Shares Shorts:
At present, 339.14 million FUBO shares are outstanding with a float of 329.52 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FUBO since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.49193 being high and -$0.79256 being low. For FUBO, this leads to a yearly average estimate of -$0.60125. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is -$0.03. The average estimate for the next quarter is thus $0.01.
