At the time of writing, Sportradar Group AG [SRAD] stock is trading at $12.17, up 2.35%. 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 2.79% over the last week, with a monthly amount glided 5.46%, 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.
For the past year, the stock price of Sportradar Group AG fluctuated between $8.08 and $12.97. 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 $12.17 at the most recent close of the market. An investor can expect a potential return of 35.58% based on the average SRAD price forecast.
Analyzing the SRAD fundamentals
According to Sportradar Group AG [NASDAQ:SRAD], the company’s sales were 1.08B for trailing twelve months, which represents an 27.24% jump. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.06.
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 11.85 points at the first support level, and at 11.53 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.36, and for the 2nd resistance point, it is at 12.55.
Ratios To Look Out For
It is important to note that Sportradar Group AG [NASDAQ:SRAD] has a current ratio of 1.54. In addition, the Quick Ratio stands at 1.54 and the Cash Ratio stands at 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 139.89.
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.
