Sportradar Group AG (SRAD) saw an uptrend of 4.92% in the recent trading with $26.43 being its most recent. The current price level -17.97% lower than the highest price of $32.22 marked by the stock while trading over the past 52-weeks, whereas it is 116.64% higher than the lowest price of $12.20 the company dropped to over past 52-weeks. The latest news story on SRAD appeared in (Insider Monkey) under the title “Jim Cramer on Sportradar: “I Think That the Fundamentals Are Good Here””.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.43 for the stock.
Sportradar Group AG Earnings – What Happened With SRAD
Coming around sales and income figures on SRAD Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Sportradar Group AG (SRAD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 160.47% for net revenue.
SRAD – Sportradar Group AG Stock Earnings Estimates
The perspective of Sportradar Group AG (NASDAQ:SRAD)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.03 for stock’s EPS in the current quarter. Sportradar Group AG (SRAD) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 160.47% for net revenue. Company’s EPS for the last quarter was 0.08.
Sportradar Group AG – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 207.17 million. SRAD does have institutional investors; and they hold 52.04% of the stock.
As on 2024-06-30, CANADA PENSION PLAN INVESTMENT BOARD was the top most holder in Sportradar Group AG (NASDAQ:SRAD) with an ownership of 79.56 million shares of the company or 26.4187 of the stake worth $889.43 million. The filing also reveals TECHNOLOGY CROSSOVER MANAGEMENT IX, LTD. as the second largest holder in the company with a control over 11.3171 of the outstanding shares. Its stake is worth $381.01 million for having 34.08 million shares in hand.
RADCLIFF MANAGEMENT LLC also came holding a key position in the company during the recent quarter and it now holds 5.0693 of the outstanding shares. With this there are now 272.0 institutions which have possession in SRAD’s shares.
Key Metrics for SRAD
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Sportradar Group AG has a debt to equity ratio of 0.06.
