Endeavor Group Holdings Inc (EDR) is expected to grow earnings and revenues in the years ahead

At the time of writing, Endeavor Group Holdings Inc [EDR] stock is trading at $26.55, up 0.68%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EDR shares have gain 4.98% over the last week, with a monthly amount glided 9.12%, and seem to be holding up well over a long-time horizon.

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On 2, April 2024, Silver Lake to Take Endeavor Private. In a post published today on Yahoo Finance, Endeavor Stockholders to Receive $27.50 Per Share in Cash, a 55% Premium Value to Unaffected Share Price.

From an analyst’s perspective:

Endeavor Group Holdings Inc [NYSE: EDR] stock has seen the most recent analyst activity on September 12, 2023, when TD Cowen initiated its Outperform rating and assigned the stock a price target of $28. Previously, Guggenheim started tracking the stock with Buy rating on May 01, 2023, and set its price target to $33. On April 24, 2023, Seaport Research Partners initiated with a Buy rating and assigned a price target of $30 on the stock. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $28 on August 04, 2022. Citigroup upgraded its rating to a Buy but $25 remained the price target by the analyst firm on July 07, 2022. In a note dated May 18, 2022, Goldman upgraded an Buy rating on this stock and revised its target price from $30 to $29.

For the past year, the stock price of Endeavor Group Holdings Inc fluctuated between $17.65 and $26.55. Currently, Wall Street analysts expect the stock to reach $28.75 within the next 12 months. Endeavor Group Holdings Inc [NYSE: EDR] shares were valued at $26.55 at the most recent close of the market. An investor can expect a potential return of 8.29% based on the average EDR price forecast.

Analyzing the EDR fundamentals

According to Endeavor Group Holdings Inc [NYSE:EDR], the company’s sales were 5.96B for trailing twelve months, which represents an 25.57% jump. Gross Profit Margin for this corporation currently stands at 0.59% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.11 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.42 points at the first support level, and at 26.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.65, and for the 2nd resistance point, it is at 26.76.

Endeavor Group Holdings Inc [EDR] reported earnings per share of $0.06 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.16/share, meaning a difference of -$0.1 and a surprise factor of -62.50%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.34 per share as compared to estimates of $0.28 per share, a difference of $0.06 representing a surprise of 21.40%.

Ratios To Look Out For

It is important to note that Endeavor Group Holdings Inc [NYSE:EDR] has a current ratio of 1.01. Also, the Quick Ratio is 1.01, while the Cash Ratio stands at 0.42. Considering the valuation of this stock, the price to sales ratio is 1.34, the price to book ratio is 1.66 and price to earnings (TTM) ratio is 23.65.

Transactions by insiders

Recent insider trading involved Lublin Jason, Chief Financial Officer, that happened on Mar 12 ’24 when 20832.0 shares were sold., SHAPIRO MARK S completed a deal on Feb 23 ’24 to sell 22805.0 shares. Meanwhile, Chief Financial Officer Lublin Jason sold 18525.0 shares on Feb 23 ’24.

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