Q2 STOCKS TO BUY

This Small-Cap Stock Is a Strong Pick for Value Investors

FNKO is up nearly 70% in the past 12 months

facebook X logo linkedin


On Tuesday, Jan. 4, Funko Inc (NASDAQ:FNKO) announced that Charles Denson was appointed Chairman of the Board effective immediately. Also, effective immediately, Chief Executive Officer Andrew Perlmutter, who was appointed Chief Executive Officer on Monday, Jan. 3 will join the board.

Funko stock has increased an impressive 70% in price year-over-year, though pressure at both the $20 level and the 180-day moving average have kept a lid on shares during the past few months. The stock does seem to have found at floor near the $16 level, though, while the 320-day moving average helped capture a sharp pullback in late-November.

fnko jan 10

Moreover, Funko has managed to increase its revenues and net income 34% and 339%, respectively, since fiscal 2018, despite having experienced an 18% decrease in revenues and a 66% drop in net income for fiscal 2020. FNKO is also expected to see a 12.6% increase in earnings and a 7.5% increase in revenues for 2022. In addition, Funko stock holds an decent valuation with a price-earnings ratio of 16.48 and a price-sales ratio of 0.74, overall making it a viable option for value investors despite being a small-cap stock.

Additionally, options traders have been much more pessimistic lately, and an unwinding of some of this bearishness could put additional wind at FNKO's back. At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the security sports a 50-day put/call volume ratio of 0.66, which stands higher than all other readings from the past year. This means while calls are still outnumbering puts on an overall basis, these bearish bets haven't been more popular in the past year. 

 
 

“Buy This Stock Now!” - Expert Who Called 11x On TSLA

He called a rare 11x on Tesla…

But now, thanks to Elon & Trump’s new alliance…

He says there’s a new opportunity that could be 1,000x BIGGER than Tesla – and it could completely revolutionize a $23 Trillion market.

It’s trading for less than $5 per share right now…

But it won’t be under the radar for long.

Discover The 1,000x Bigger Elon Opportunity Here

GRAND SLAM COUNTDOWN

 
 

Featured Articles from Trusted Partners:

👀Learn How Dividends Create Passive Income for Life
Receive $200 Off Motley Fool Epic. The Motley Fool Epic $299 discounted offer is based on $499/year list price. Introductory promotion for new members only. Take control of your money and your portfolio with Motley Fool Epic.

💵New Income System Could Pay You $4,243 Monthly
You could collect an average of $4,243 per month starting as early as next week with a new payout system for income investors. New registrations are being accepted for investors who want to be in a position to start with their first payout next week.

🚀Easy 92% Crypto Dividends (No Coins Required)
COIN stock doesn't pay a dividend... But there's actually a new way to collect a massive dividend that's indirectly based on the stock and offers a terrific monthly income (currently yielding nearly 92% on a forward basis).

🤝Free Advisor Match with Wiseradvisor.com
Don't leave your retirement to chance! Get matched with a trusted financial expert for FREE and make the most of your tax refund. Get started now.

⚠️Dennis Quaid's #1 Warning for Americans
Here's the thing: life doesn't come with guarantees. The economy shifts, markets stumble, and years of hard work could slip through your fingers like sand. But it doesn't have to be that way for you. So request a free copy of this Gold & Silver Guide that will arrive right to your doorstep when you act now.

 

 
 

Follow us on X, Follow us on Twitter