At the time of writing, Sportradar Group AG [SRAD] stock is trading at $11.01, up 4.76%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SRAD shares have gain 2.23% over the last week, with a monthly amount drifted -1.21%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
On January 09, 2023, downgrade downgraded it’s rating to Hold and revised its price target to $10 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $12 on November 21, 2022. BofA Securities downgraded its rating to a Underperform and reduced its price target to $8 on October 04, 2022. Needham reiterated a Buy rating for this stock on August 18, 2022, and upped its price target to $17. In a note dated April 04, 2022, BofA Securities downgraded an Neutral rating on this stock but restated the target price of $18.
For the past year, the stock price of Sportradar Group AG fluctuated between $8.08 and $14.68. Currently, Wall Street analysts expect the stock to reach $14.33 within the next 12 months. Sportradar Group AG [NASDAQ: SRAD] shares were valued at $11.01 at the most recent close of the market. An investor can expect a potential return of 30.15% based on the average SRAD price forecast.
Analyzing the SRAD fundamentals
According to Sportradar Group AG [NASDAQ:SRAD], the company’s sales were 1.01B for trailing twelve months, which represents an 29.58% jump. Gross Profit Margin for this corporation currently stands at 0.8% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.03 and Total Capital is 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.06.
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 10.63 points at the first support level, and at 10.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.21, and for the 2nd resistance point, it is at 11.42.
Ratios To Look Out For
It is important to note that Sportradar Group AG [NASDAQ:SRAD] has a current ratio of 1.38. In addition, the Quick Ratio stands at 1.38 and the Cash Ratio stands at 0.78. Considering the valuation of this stock, the price to sales ratio is 3.23, the price to book ratio is 3.49 and price to earnings (TTM) ratio is 119.03.
Transactions by insiders
Recent insider trading involved Koerl Carsten, Officer, that happened on Aug 05 ’24 when 0.11 million shares were purchased. Officer, Koerl Carsten completed a deal on Aug 02 ’24 to buy 64470.0 shares. Meanwhile, Officer Koerl Carsten bought 0.1 million shares on Jul 31 ’24.
