In last trading session, Genius Sports Limited (NYSE:GENI) saw 1.63 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $6.63 trading at -$0.55 or -7.66% at ring of the bell on the day assigns it a market valuation of $1.34B. That closing price of GENI’s stock is at a discount of -279.79% from its 52-week high price of $25.18 and is indicating a premium of 1.96% from its 52-week low price of $6.50. Taking a look at company’s average trading volume of 2.09 million if we extend that period to 3-months.
For Genius Sports Limited (GENI), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 1.90. Splitting up the data highlights that, out of 8 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 7 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.21 in the current quarter.
Genius Sports Limited (NYSE:GENI) trade information
Upright in the red during last session for losing -7.66%, in the last five days GENI remained trading in the red while hitting it’s week-highest on Wednesday, 01/12/22 when the stock touched $6.63 price level, adding 14.89% to its value on the day. Genius Sports Limited’s shares saw a change of -12.76% in year-to-date performance and have moved -6.09% in past 5-day. Genius Sports Limited (NYSE:GENI) showed a performance of -4.74% in past 30-days.
Wall Street analysts have assigned a consensus price target of $18.50 to the stock, which implies a rise of 64.16% to its current value. Analysts have been projecting $9.00 as a low price target for the stock while placing it at a high target of $24.00. It follows that stock’s current price would drop -261.99% in reaching the projected high whereas dropping to the targeted low would mean a loss of -35.75% for stock’s current value.
Genius Sports Limited (GENI) estimates and forecasts
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $81.43 million for the same. And 6 analysts are in estimates of company making revenue of $78.04 million in the next quarter that will end on Mar 2022.
Genius Sports Limited is more likely to be releasing its next quarterly report on November 23 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Genius Sports Limited (NYSE:GENI)’s Major holders
Insiders are in possession of 49.63% of company’s total shares while institution are holding 45.84 percent of that, with stock having share float percentage of 91.02%. Investors also watch the number of corporate investors in a company very closely, which is 45.84% institutions for Genius Sports Limited that are currently holding shares of the company. Fred Alger Management, LLC is the top institutional holder at GENI for having 18.05 million shares of worth $336.74 million. And as of Sep 29, 2021, it was holding 9.06% of the company’s outstanding shares.
The second largest institutional holder is Caledonia (Private) Investments Pty Ltd, which was holding about 16.7 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 8.39% of outstanding shares, having a total worth of $311.63 million.
On the other hand, Alger Small Cap Focus Fund and Alger Fds II-Alger Spectra Fund are the top two Mutual Funds which own company’s shares. As of Oct 30, 2021, the former fund manager was holding 7.1 million shares of worth $131.67 million or 3.57% of the total outstanding shares. The later fund manager was in possession of 3.56 million shares on Oct 30, 2021, making its stake of worth around $66.0 million in the company or a holder of 1.79% of company’s stock.