In the last trading session, 2.0 million shares of the Endeavor Group Holdings Inc. (NYSE:EDR) were traded. Most recently the company’s share price was $28.11, and it changed around -$0.04 or -0.14% from the last close, which brings the market valuation of the company to $12.82B. EDR currently trades at a discount to its 52-week high of $33.20, offering almost -18.11% off that amount. The share price’s 52-week low was $22.02, which indicates that the current value has risen by an impressive 21.66% since then. We note from Endeavor Group Holdings Inc.’s average daily trading volume that its 3-month average coming to 1.47 million.
Endeavor Group Holdings Inc. stock received a consensus recommendation rating of an Overweight, based on a mean score of 2.40. If we narrow it down even further, the data shows that 0 out of 12 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended EDR as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Endeavor Group Holdings Inc. is expected to report earnings per share of $0.13 for the current quarter.
Endeavor Group Holdings Inc. (NYSE:EDR) trade information
Instantly EDR has showed a red trend with a performance of -0.14% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 31.70 on Tuesday, 11/23/21 increased the stock’s daily price by 11.32%. The company’s shares are currently up 11.55% year-to-date, but still down -1.64% over the last five days. On the other hand, Endeavor Group Holdings Inc. (NYSE:EDR) is 13.07% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $34.83, which translates to bulls needing to increase their stock price by 19.29% from its current value. Analyst projections state that EDR is forecast to be at a low of $28.00 and a high of $41.00. In order for the stock price to hit the forecast high, the stock would need to plunge -45.86% from its current level, while the stock would need to crash 0.39% from its current level to reach the projected low.
Endeavor Group Holdings Inc. (EDR) estimates and forecasts
The year-over-year growth rate is expected to be 38.70%, up from the previous year.
Consensus estimates provided by 8 financial analysts predict the company will bring in an average of $1.31 billion in revenue for the current quarter. 8 analysts expect Endeavor Group Holdings Inc. to make $1.33 billion in revenue for the quarter ending Dec 2021.
Endeavor Group Holdings Inc.’s next quarterly earnings report is expected to be released on June 02.
Endeavor Group Holdings Inc. (NYSE:EDR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.01% of Endeavor Group Holdings Inc. shares, and 74.43% of them are in the hands of institutional investors. The stock currently has a share float of 85.56%. Endeavor Group Holdings Inc. stock is held by 14 institutions, with Fidelity Contrafund Inc being the largest institutional investor. By Apr 29, 2021, it held 0.41% of the shares, which is about 1.05 million shares worth $29.06 million.
Fidelity Blue Chip Growth Fund, with 0.16% or 0.42 million shares worth $11.49 million as of Apr 29, 2021, holds the second largest percentage of outstanding shares.