rts logo

Endeavor Group Holdings Inc (EDR) Stock Could Soon Reward Patient Investors

Endeavor Group Holdings Inc (NYSE: EDR) is 24.10% higher on its value in year-to-date trading and has touched a low of $17.65 and a high of $29.38 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 $29.36 in the last trading session, with the day’s gains setting it 0.09%.

Currently trading at $29.45, the stock is 2.00% and 4.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 0.31% at the moment leaves the stock 11.35% off its SMA200. EDR registered 61.90% gain for a year compared to 6-month gain of 11.13%. The firm has a 50-day simple moving average (SMA 50) of $28.0698 and a 200-day simple moving average (SMA200) of $26.4475.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The stock witnessed a 6.28% loss in the last 1 month and extending the period to 3 months gives it a 7.84%, and is 0.61% 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 0.74% over the week and 1.00% over the month.

Endeavor Group Holdings Inc (EDR) has around 10000 employees, a market worth around $9.07B and $6.53B in sales. Fwd P/E is 12.16. Profit margin for the company is -6.18%. Distance from 52-week low is 66.86% and 0.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.34%).

with sales reaching $2.12B over the same period.The EPS is expected to shrink by -11.09% this year, but quarterly earnings will post 18.40% year-over-year. Quarterly sales are estimated to grow 58.10% in year-over-year returns.

Endeavor Group Holdings Inc (EDR) Top Institutional Holders

271.0 institutions hold shares in Endeavor Group Holdings Inc (EDR), with institutional investors hold 98.44% of the company’s shares. The shares outstanding are 298.70M, and float is at 195.18M with Short Float at 7.93%. Institutions hold 97.69% of the Float.

The top institutional shareholder in the company is SILVER LAKE GROUP, L.L.C. with over 91.98 million shares valued at $2.49 billion. The investor’s holdings represent 30.6118% of the EDR Shares outstanding. As of 2024-06-30, the second largest holder is CANADA PENSION PLAN INVESTMENT BOARD with 21.04 million shares valued at $568.68 million to account for 7.0022 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 13.65 million shares representing 4.5434% and valued at over $368.99 million, while PENTWATER CAPITAL MANAGEMENT LP holds 4.3933 of the shares totaling 13.2 million with a market value of $356.8 million.

Endeavor Group Holdings Inc (EDR) Insider Activity

The most recent transaction is an insider sale by Emanuel Ariel, the company’s Chief Executive Officer. SEC filings show that Emanuel Ariel sold 48,176 shares of the company’s common stock on Oct 08 ’24 at a price of $29.04 per share for a total of $1.4 million. Following the sale, the insider now owns 1.83 million shares.

Still, SEC filings show that on Sep 24 ’24, Emanuel Ariel (Chief Executive Officer) disposed off 149,280 shares at an average price of $28.10 for $4.19 million. The insider now directly holds 1,831,247 shares of Endeavor Group Holdings Inc (EDR).

Related Posts