Genius Sports Limited (NYSE:GENI) Has Already Recovered 36.19%, But Another -12.57% Drop Cannot Be Ruled Out.

In last trading session, Genius Sports Limited (NYSE:GENI) saw 1.76 million shares changing hands with its beta currently measuring 1.97. Company’s recent per share price level of $7.24 trading at $0.07 or 0.98% at ring of the bell on the day assigns it a market valuation of $1.53B. That closing price of GENI’s stock is at a discount of -12.57% from its 52-week high price of $8.15 and is indicating a premium of 36.19% from its 52-week low price of $4.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.95 million shares which gives us an average trading volume of 2.60 million if we extend that period to 3-months.

For Genius Sports Limited (GENI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.15. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.

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Genius Sports Limited (NYSE:GENI) trade information

Upright in the green during last session for gaining 0.98%, in the last five days GENI remained trading in the red while hitting it’s week-highest on Thursday, 08/29/24 when the stock touched $7.24 price level, adding 8.24% to its value on the day. Genius Sports Limited’s shares saw a change of 17.15% in year-to-date performance and have moved -4.11% in past 5-day. Genius Sports Limited (NYSE:GENI) showed a performance of 20.67% in past 30-days. Number of shares sold short was 11.35 million shares which calculate 3.37 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7.5 to the stock, which implies a rise of 3.47% to its current value. Analysts have been projecting 7 as a low price target for the stock while placing it at a high target of 9. It follows that stock’s current price would jump 3.31% in reaching the projected high whereas dropping to the targeted low would mean a gain of 3.31% for stock’s current value.

Genius Sports Limited (GENI) estimates and forecasts

Statistics highlight that Genius Sports Limited is scoring comparatively higher than the scores of other players of the relevant industry. The company added 2.55% of value to its shares in past 6 months, showing an annual growth rate of 24.24% while that of industry is 7.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 23.40% from the last financial year’s standing.

12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 118.9M for the same. And 12 analysts are in estimates of company making revenue of 175.74M in the next quarter. Company posted 100.38M and 127.17M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 9.88% during past 5 years.

Genius Sports Limited (NYSE:GENI)’s Major holders

CALEDONIA (PRIVATE) INVESTMENTS PTY LTD is the top institutional holder at GENI for having 20.15 million shares of worth $109.84 million. And as of 2024-06-30, it was holding 8.7883 of the company’s outstanding shares.

The second largest institutional holder is GRANAHAN INVESTMENT MANAGEMENT, LLC, which was holding about 9.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.3465 of outstanding shares, having a total worth of $54.32 million.