Why Should You Add Endeavor Group Holdings Inc (EDR) To Your Portfolio?

Endeavor Group Holdings Inc (NYSE:EDR) has a beta value of 0.81 and has seen 5.99 million shares traded in the last trading session. The company, currently valued at $7.98B, closed the last trade at $26.41 per share which meant it lost -$0.04 on the day or -0.15% during that session. The EDR stock price is -0.83% off its 52-week high price of $26.63 and 33.17% above the 52-week low of $17.65. The 3-month trading volume is 4.53 million shares.

Endeavor Group Holdings Inc (NYSE:EDR) trade information

Sporting -0.15% in the red in last session, the stock has traded in the green over the last five days, when the EDR stock price touched $26.41 or saw a rise of 0.45%. Year-to-date, Endeavor Group Holdings Inc shares have moved 11.29%, while the 5-day performance has seen it change 0.23%. Over the past 30 days, the shares of Endeavor Group Holdings Inc (NYSE:EDR) have changed 4.43%.

Endeavor Group Holdings Inc (EDR) estimates and forecasts

Figures show that Endeavor Group Holdings Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 15.58% over the past 6 months, with this year growth rate of 117.72%, compared to 3.90% for the industry. Other than that, the company has, however, increased its growth outlook for the 2024 fiscal year revenue. Growth estimates for the current quarter are -18.80% and -70.50% for the next quarter. Revenue growth from the last financial year stood is estimated to be 28.10%.

9 analysts offering their estimates for the company have set an average revenue estimate of $1.89 billion for the current quarter. 9 have an estimated revenue figure of $1.95 billion for the next quarter concluding in Jun 2024. Year-ago sales stood $1.6 billion and $1.41 billion respectively for this quarter and the next, and analysts expect sales will grow by 18.50% for the current quarter and 38.20% for the next.

Earnings growth for 2024 is a modest 15.84% while over the next 5 years, the company’s earnings are expected to increase by 26.20%.

EDR Dividends

Endeavor Group Holdings Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.18 at a share yield of 0.68%. The company’s dividend yield has gone up over the past 12 months.