Sportradar Group AG (NASDAQ:SRAD) has a beta value of 2.10 and has seen 1.18 million shares traded in the recent trading session. The company, currently valued at $6.63B, closed the recent trade at $22.14 per share which meant it gained $0.41 on the day or 1.86% during that session. The SRAD stock price is -6.59% off its 52-week high price of $23.60 and 58.58% above the 52-week low of $9.17. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.71 million shares traded. The 3-month trading volume is 1.01 million shares.
The consensus among analysts is that Sportradar Group AG (SRAD) is Buy stock at the moment, with a recommendation rating of 1.17. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.04.
Sportradar Group AG (NASDAQ:SRAD) trade information
Sporting 1.86% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SRAD stock price touched $22.14 or saw a rise of 6.19%. Year-to-date, Sportradar Group AG shares have moved 27.65%, while the 5-day performance has seen it change -1.32%. Over the past 30 days, the shares of Sportradar Group AG (NASDAQ:SRAD) have changed 1.44%. Short interest in the company has seen 5.41 million shares shorted with days to cover at 6.38.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 3.74% from the levels at last check today. The projected low price target is $19.0 while the price target rests at a high of $27.0. In that case, then, we find that the latest price level in today’s session is -21.95% off the targeted high while a plunge would see the stock lose 14.18% from the levels at last check today.
Sportradar Group AG (SRAD) estimates and forecasts
The company’s shares have gained 82.78% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 15.52%.
7 analysts offering their estimates for the company have set an average revenue estimate of 304.1M for the current quarter. 7 have an estimated revenue figure of 318.08M for the next ending quarter. Year-ago sales stood 265.89M and 278.42M respectively for this quarter and the next, and analysts expect sales will grow by 14.37% for the current quarter and 15.52% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 33.48% over the past 5 years. Earnings growth for 2025 is a modest 195.88% while over the next 5 years, the company’s earnings are expected to increase by 82.66%.
SRAD Dividends
Sportradar Group AG is expected to release its next earnings report on 2025-Mar-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Sportradar Group AG (NASDAQ:SRAD)’s Major holders
Insiders own 2.20% of the company shares, while shares held by institutions stand at 85.63% with a share float percentage of 87.56%. Investors are also buoyed by the number of investors in a company, with Sportradar Group AG having a total of 167.0 institutions that hold shares in the company. The top two institutional holders are CANADA PENSION PLAN INVESTMENT BOARD with over 79.56 million shares worth more than $889.43 million. As of 2024-06-30, CANADA PENSION PLAN INVESTMENT BOARD held 26.4187% of shares outstanding.
The other major institutional holder is TECHNOLOGY CROSSOVER MANAGEMENT IX, LTD., with the holding of over 34.08 million shares as of 2024-06-30. The firm’s total holdings are worth over $381.01 million and represent 11.3171% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are JANUS INVESTMENT FUND-Janus Henderson Contrarian Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund. As of Dec 31, 2024, the former fund manager holds about 1.44% shares in the company for having 3.01 shares of worth $66.71 million while later fund manager owns 2.35 shares of worth $52.24 million as of Oct 31, 2024, which makes it owner of about 1.13% of company’s outstanding stock.
