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Endeavor Group Holdings Inc (EDR) Is Now En Route to Higher Prices

Endeavor Group Holdings Inc (NYSE: EDR) is 11.08% higher on its value in year-to-date trading and has touched a low of $17.65 and a high of $26.63 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 $26.38 in the last trading session, with the day’s loss setting it -0.02%.

Currently trading at $26.36, the stock is 1.99% and 5.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.32 million and changing -0.08% at the moment leaves the stock 12.30% off its SMA200. EDR registered 7.81% gain for a year compared to 6-month gain of 43.81%.

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The stock witnessed a 5.40% loss in the last 1 month and extending the period to 3 months gives it a 11.55%, and is -0.75% 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 0.50% over the week and 1.40% over the month.

Endeavor Group Holdings Inc (EDR) has around 10000 employees, a market worth around $7.92B and $5.96B in sales. Current P/E ratio is 23.49 and Fwd P/E is 21.07. Profit margin for the company is 6.03%. Distance from 52-week low is 49.35% and -1.01% 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 $0.26 with sales reaching $1.89B over the same period.The EPS is expected to grow by 15.84% this year, but quarterly earnings will post 28.00% year-over-year. Quarterly sales are estimated to grow 18.50% in year-over-year returns.

Endeavor Group Holdings Inc (EDR) Top Institutional Holders

The shares outstanding are 298.70M, and float is at 192.66M with Short Float at 3.17%.

Endeavor Group Holdings Inc (EDR) Insider Activity

The most recent transaction is an insider purchase by Whitesell Patrick,the company’s10% Owner. SEC filings show that Whitesell Patrick bought 1,642,970 shares of the company’s common stock on Apr 09 ’24 at a price of $89.01 per share for a total of $146.24 million. Following the purchase, the insider now owns 1.64 million shares.

Endeavor Group Holdings Inc disclosed in a document filed with the SEC on Apr 09 ’24 that Lublin Jason (Chief Financial Officer) sold a total of 20,832 shares of the company’s common stock. The trade occurred on Apr 09 ’24 and was made at $26.52 per share for $0.55 million. Following the transaction, the insider now directly holds 0.13 million shares of the EDR stock.

Still, SEC filings show that on Mar 12 ’24, Lublin Jason (Chief Financial Officer) disposed off 20,832 shares at an average price of $24.71 for $0.51 million. The insider now directly holds 130,187 shares of Endeavor Group Holdings Inc (EDR).

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