Sportradar Group AG (NASDAQ:SRAD) has a beta value of 1.91 and has seen 0.66 million shares traded in the recent trading session. The company, currently valued at $7.45B, closed the recent trade at $24.89 per share which meant it gained $1.88 on the day or 8.17% during that session. The SRAD stock price is 2.97% off its 52-week high price of $24.15 and 63.16% 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 1.74 million shares traded. The 3-month trading volume is 1.13 million shares.
The consensus among analysts is that Sportradar Group AG (SRAD) is Buy stock at the moment, with a recommendation rating of 1.29. 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 8.17% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the SRAD stock price touched $24.89 or saw a rise of 1.54%. Year-to-date, Sportradar Group AG shares have moved 43.54%, while the 5-day performance has seen it change 8.41%. Over the past 30 days, the shares of Sportradar Group AG (NASDAQ:SRAD) have changed 11.51%. Short interest in the company has seen 7.69 million shares shorted with days to cover at 6.42.
Wall Street analysts have a consensus price target for the stock at $22, which means that the shares’ value could drop -13.14% 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 -8.48% off the targeted high while a plunge would see the stock lose 23.66% from the levels at last check today..
Sportradar Group AG (SRAD) estimates and forecasts
The company’s shares have gained 97.78% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 15.23%.
10 analysts offering their estimates for the company have set an average revenue estimate of 304.3M for the current quarter. 10 have an estimated revenue figure of 318.07M 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 14.44% for the current quarter and 15.23% 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 228.40% while over the next 5 years, the company’s earnings are expected to increase by 93.11%.
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 0.55% of the company shares, while shares held by institutions stand at 85.83% with a share float percentage of 86.30%. Investors are also buoyed by the number of investors in a company, with Sportradar Group AG having a total of 170.0 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 $75.63 million while later fund manager owns 2.35 shares of worth $59.21 million as of Jan 31, 2025 , which makes it owner of about 1.13% of company’s outstanding stock.
