Endeavor Group Holdings Inc (NYSE: EDR) is 4.13% higher on its value in year-to-date trading and has touched a low of $17.65 and a high of $26.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The EDR stock was last observed hovering at around $24.73 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $24.71, the stock is 1.88% and 1.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing -0.08% at the moment leaves the stock 6.94% off its SMA200. EDR registered 8.81% gain for a year compared to 6-month gain of 11.56%. The firm has a 50-day simple moving average (SMA 50) of $1.95 and a 200-day simple moving average (SMA200) of $7.74.
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The stock witnessed a 1.52% loss in the last 1 month and extending the period to 3 months gives it a 8.47%, and is 1.98% up 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 1.36% over the week and 2.50% over the month.
Endeavor Group Holdings Inc (EDR) has around 10000 employees, a market worth around $7.42B and $5.96B in sales. Current P/E ratio is 22.02 and Fwd P/E is 15.18. Profit margin for the company is 6.03%. Distance from 52-week low is 40.00% and -5.90% from its 52-week high. The company has generated returns on investments over the last 12 months (3.58%).
Endeavor Group Holdings Inc quarterly earnings per share for the current quarter are estimated at $0.34 with sales reaching $1.87B over the same period.The EPS is expected to grow by 37.89% this year, but quarterly earnings will post 24.40% year-over-year. Quarterly sales are estimated to grow 17.20% in year-over-year returns.
293 institutions hold shares in Endeavor Group Holdings Inc (EDR), with institutional investors hold 102.78% of the company’s shares. The shares outstanding are 298.70M, and float is at 192.72M with Short Float at 4.28%. Institutions hold 101.98% of the Float.
The top institutional shareholder in the company is Silver Lake Group, LLC with over 91.98 million shares valued at $2.2 billion. The investor’s holdings represent 30.28% of the EDR Shares outstanding. As of Jun 29, 2023, the second largest holder is Canada Pension Plan Investment Board with 21.04 million shares valued at $503.25 million to account for 6.93% of the shares outstanding. The other top investors are Vanguard Group Inc which holds 14.4 million shares representing 4.74% and valued at over $344.37 million, while Ameriprise Financial, Inc. holds 4.23% of the shares totaling 12.86 million with a market value of $307.64 million.
Endeavor Group Holdings Inc (EDR) Insider Activity
The most recent transaction is an insider sale by SHAPIRO MARK S, the company’s. SEC filings show that SHAPIRO MARK S sold 22,805 shares of the company’s common stock on Feb 23 ’24 at a price of $24.15 per share for a total of $0.55 million. Following the sale, the insider now owns 0.1 million shares.
Endeavor Group Holdings Inc disclosed in a document filed with the SEC on Feb 23 ’24 that Lublin Jason (Chief Financial Officer) sold a total of 18,525 shares of the company’s common stock. The trade occurred on Feb 23 ’24 and was made at $24.15 per share for $0.45 million. Following the transaction, the insider now directly holds 0.13 million shares of the EDR stock.
Still, SEC filings show that on Feb 23 ’24, KRAUSS SETH D (CAO & Senior Counsel) disposed off 6,220 shares at an average price of $24.15 for $0.15 million. The insider now directly holds 67,920 shares of Endeavor Group Holdings Inc (EDR).
