Taking the lead: fuboTV Inc (FUBO)

With 24.44 million shares changed hands, the volume of the stock remained heavier than its average volume of 19.06 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 $4.19. 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 12.70%, but this was up by 2.90% over a month. Three-month performance dropped to -26.23% while six-month performance rose 101.42%. The stock gained 130.89% in the past year, while it has gained 125.40% so far this year. A look at the trailing 12-month EPS for FUBO yields 0.19 with Next year EPS estimates of -0.10. For the next quarter, that number is -0.04. This implies an EPS growth rate of 168.24% for this year and -128.02% for next year.

Float and Shares Shorts:

At present, 341.54 million FUBO shares are outstanding with a float of 329.51 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 -$0.01 and the low estimate is -$0.05. The average estimate for the next quarter is thus -$0.03.