Sportradar Group AG (NASDAQ: SRAD) is -57.09% lower on its value in year-to-date trading and has touched a low of $7.45 and a high of $28.22 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SRAD stock was last observed hovering at around $7.56 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $15.54 for the next 12 months. It is also 68.29% off the consensus price target high of $23.78 offered by 10 analysts, but current levels are 39.05% higher than the price target low of $12.37 for the same period.
Currently trading at $7.54, the stock is -6.71% and -19.97% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.26 million and changing -0.26% at the moment leaves the stock -50.36% off its SMA200. SRAD registered a loss of -55.12% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $3.73 and a 200-day simple moving average (SMA200) of $11.28.
The stock witnessed a -20.55% gain in the last 1 month and extending the period to 3 months gives it a -44.88%, and is -5.04% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.03% over the week and 7.04% over the month.
Sportradar Group AG (SRAD) has around 3075 employees, a market worth around $2.32B and $610.20M in sales. Current P/E ratio is 119.68 and Fwd P/E is 32.78. Profit margin for the company is 3.10%. Distance from 52-week low is 1.21% and -73.28% from its 52-week high. The company has generated returns on investments over the last 12 months (3.10%).
Sportradar Group AG (SRAD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Sportradar Group AG (SRAD) is a “Buy”. 10 analysts offering their recommendations for the stock have an average rating of 1.90, where 1 rate it as a Hold and 0 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Sportradar Group AG is expected to release its quarterly report on 11/16/2022.The EPS is expected to shrink by -17.90% this year.
Sportradar Group AG (SRAD) Top Institutional Holders
The shares outstanding are 296.94M, and float is at 200.37M with Short Float at 2.68%.