In the latest trading session, 0.58 million Genius Sports Limited (NYSE:GENI) shares changed hands as the company’s beta touched 1.95. With the company’s most recent per share price at $7.45 changing hands around $0.16 or 2.19% at last look, the market valuation stands at $1.57B. GENI’s current price is a discount, trading about -4.3% off its 52-week high of $7.77. The share price had its 52-week low at $4.62, which suggests the last value was 37.99% up since then. When we look at Genius Sports Limited’s average trading volume, we note the 10-day average is 3.43 million shares, with the 3-month average coming to 2.35 million.
Analysts gave the Genius Sports Limited (GENI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.15. If we narrow down to specifics, the data shows that 0 out of 5 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GENI as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight. Genius Sports Limited’s EPS for the current quarter is expected to be -0.01.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Genius Sports Limited (NYSE:GENI) trade information
Instantly GENI is in green as seen in intraday trades today. With action 13.39%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 20.55%, with the 5-day performance at 13.39% in the green. However, in the 30-day time frame, Genius Sports Limited (NYSE:GENI) is 26.91% up. Looking at the short shares, we see there were 10.25 million shares sold at short interest cover period of 3.67 days.
The consensus price target for the stock as assigned by Wall Street analysts is 7.5, meaning bulls need an upside of 0.67% from its recent market value. According to analyst projections, GENI’s forecast low is 7 with 9 as the target high. To hit the forecast high, the stock’s price needs a -20.81% plunge from its current level, while the stock would need to tank 6.04% for it to hit the projected low.
Genius Sports Limited (GENI) estimates and forecasts
Data shows that the Genius Sports Limited share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 3.61% over the past 6 months, a 24.24% in annual growth rate that is considerably higher than the industry average of 6.70%. Year-over-year growth is forecast to reach 23.20% up from the last financial year.
Consensus estimates given by 10 financial analysts project the company’s revenue in the current quarter to hit an average of 118.95M. 10 analysts are of the opinion that Genius Sports Limited’s revenue for the current quarter will be 174.9M. The company’s revenue for the corresponding quarters a year ago was 100.38M and 127.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 18.50%. The estimates for the next quarter sales put growth at 37.50%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 9.88%. The 2024 estimates are for Genius Sports Limited earnings to increase by 43.63%.
GENI Dividends
Genius Sports Limited is expected to release its next quarterly earnings report in September.
Genius Sports Limited (NYSE:GENI)’s Major holders
GRANAHAN INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 5.2506% or 11.86 million shares worth $67.72 million as of 2024-03-31.
Among Mutual Funds, the top two as of Jul 31, 2024 were ARK ETF Tr-ARK Next Generation Internet ETF and MFS New Discovery Fund. With 5.99 shares estimated at $44.39 million under it, the former controlled 2.78% of total outstanding shares. On the other hand, MFS New Discovery Fund held about 1.78% of the shares, roughly 3.82 shares worth around $28.34 million.
