In the latest trading session, 0.79 million Genius Sports Limited (NYSE:GENI) shares changed hands as the company’s beta touched 2.05. With the company’s most recent per share price at $9.31 changed hands at -$0.17 or -1.79% at last look, the market valuation stands at $2.40B. GENI’s current price is a discount, trading about -10.96% off its 52-week high of $10.33. The share price had its 52-week low at $4.91, which suggests the last value was 47.26% up since then. When we look at Genius Sports Limited’s average trading volume, we note the 10-day average is 4.8 million shares, with the 3-month average coming to 2.64 million.
Analysts gave the Genius Sports Limited (GENI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.14. 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 -0.02.
Genius Sports Limited (NYSE:GENI) trade information
Instantly GENI was in red as seen in intraday trades today. With action -0.85%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 7.63%, with the 5-day performance at -0.85% in the red. However, in the 30-day time frame, Genius Sports Limited (NYSE:GENI) is -5.29% down. Looking at the short shares, we see there were 30.92 million shares sold at short interest cover period of 15.48 days.
The consensus price target for the stock as assigned by Wall Street analysts is 14, meaning bulls need an upside of 33.5% from its recent market value. According to analyst projections, GENI’s forecast low is 13 with 15 as the target high. To hit the forecast high, the stock’s price needs a -61.12% plunge from its current level, while the stock would need to soar -39.63% for it to hit the projected low.
Genius Sports Limited (GENI) estimates and forecasts
Year-over-year growth is forecast to reach 21.39% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 143.3M. 14 analysts are of the opinion that Genius Sports Limited’s revenue for the current quarter will be 115.98M. The company’s revenue for the corresponding quarters a year ago was 119.72M and 95.45M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 19.70%. The estimates for the next quarter sales put growth at 21.51%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 13.71%. The 2025 estimates are for Genius Sports Limited earnings to increase by 108.15%.
Genius Sports Limited (NYSE:GENI)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 10.11% of Genius Sports Limited shares while 83.27% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 92.63%. There are 83.27% institutions holding the Genius Sports Limited stock share, with CALEDONIA (PRIVATE) INVESTMENTS PTY LTD the top institutional holder. As of 2024-06-30, the company held 8.7831% of the shares, roughly 20.15 million GENI shares worth $109.84 million.
GRANAHAN INVESTMENT MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 4.3439% or 9.97 million shares worth $54.32 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Smallcap World Fund and ARK ETF Tr-ARK Next Generation Internet ETF. With 11.41 shares estimated at $106.36 million under it, the former controlled 5.30% of total outstanding shares. On the other hand, ARK ETF Tr-ARK Next Generation Internet ETF held about 1.99% of the shares, roughly 4.28 shares worth around $39.87 million.
