Endeavor Group Holdings Inc (NYSE: EDR) is 24.53% higher on its value in year-to-date trading and has touched a low of $22.64 and a high of $29.67 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 $29.39 in the last trading session, with the day’s gains setting it 0.16%.
Currently trading at $29.55, the stock is 1.47% and 2.42% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.54% at the moment leaves the stock 9.39% off its SMA200. EDR registered 20.56% gain for a year compared to 6-month gain of 10.63%. The firm has a 50-day simple moving average (SMA 50) of $28.8148 and a 200-day simple moving average (SMA200) of $26.9878.
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The stock witnessed a 1.23% loss in the last 1 month and extending the period to 3 months gives it a 7.61%, and is 2.50% 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 0.92% over the week and 1.04% over the month.
Endeavor Group Holdings Inc (EDR) has around 10000 employees, a market worth around $20.22B and $7.22B in sales. Fwd P/E is 12.33. Profit margin for the company is -8.30%. Distance from 52-week low is 30.52% and -0.40% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.98%).
The EPS is expected to shrink by -44.91% this year
281.0 institutions hold shares in Endeavor Group Holdings Inc (EDR), with institutional investors hold 104.16% of the company’s shares. The shares outstanding are 298.70M, and float is at 211.50M with Short Float at 6.40%. Institutions hold 103.37% 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).
