Sportradar Group AG [SRAD] stock prices are up 1.17% to $12.15 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The SRAD shares have gain 5.29% over the last week, with a monthly amount glided 5.56%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Sportradar Group AG [NASDAQ: SRAD] stock has seen the most recent analyst activity on September 04, 2024, when JMP Securities upgraded its rating to a Mkt Outperform but kept the price target unchanged to $16 for it. Previously, Jefferies upgraded its rating to Buy on August 14, 2024, and elevated its price target to $16. JMP Securities started tracking the stock assigning a Mkt Perform rating. Jefferies downgraded its rating to a Hold and reduced its price target to $10 on January 09, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on November 21, 2022, and assigned it a price target of $12. In a note dated October 04, 2022, BofA Securities downgraded an Underperform rating on this stock and revised its target price from $14 to $8.
The stock price of Sportradar Group AG [SRAD] has been fluctuating between $8.08 and $12.62 over the past year. Currently, Wall Street analysts expect the stock to reach $16.5 within the next 12 months. Sportradar Group AG [NASDAQ: SRAD] shares were valued at $12.15 at the most recent close of the market. An investor can expect a potential return of 35.8% based on the average SRAD price forecast.
Analyzing the SRAD fundamentals
The Sportradar Group AG [NASDAQ:SRAD] reported sales of 1.08B for trailing twelve months, representing a surge of 27.24%. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.03%, 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 12.07 points at the first support level, and at 11.99 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.22, and for the 2nd resistance point, it is at 12.29.
Ratios To Look Out For
It’s worth pointing out that Sportradar Group AG [NASDAQ:SRAD]’s Current Ratio is 1.54. As well, the Quick Ratio is 1.54, while the Cash Ratio is 0.9. Considering the valuation of this stock, the price to sales ratio is 3.36, the price to book ratio is 3.87 and price to earnings (TTM) ratio is 139.66.
Transactions by insiders
Recent insider trading involved Koerl Carsten, Officer, that happened on Aug 09 ’24 when 57614.0 shares were purchased. Officer, Koerl Carsten completed a deal on Aug 08 ’24 to buy 43150.0 shares. Meanwhile, Officer Koerl Carsten bought 54828.0 shares on Aug 07 ’24.
