At the time of writing, Sportradar Group AG [SRAD] stock is trading at $12.77, up 2.45%. 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 1.79% over the last week, with a monthly amount glided 5.49%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Sportradar Group AG [NASDAQ: SRAD] stock has seen the most recent analyst activity on October 21, 2024, when JP Morgan upgraded its rating to a Overweight and also boosted its price target to $15 from $12. Previously, JMP Securities upgraded its rating to Mkt Outperform on September 04, 2024, and kept the price target unchanged to $16. On August 14, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $16 on the stock. JMP Securities initiated its recommendation with a Mkt Perform. Jefferies downgraded its rating to Hold for this stock on January 09, 2023, and downed its price target to $10. In a note dated November 21, 2022, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $12 on this stock.
For the past year, the stock price of Sportradar Group AG fluctuated between $8.08 and $13.20. 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 $12.77 at the most recent close of the market. An investor can expect a potential return of 29.21% 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. 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 12.57 points at the first support level, and at 12.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.93, and for the 2nd resistance point, it is at 13.09.
Ratios To Look Out For
It is important to note that Sportradar Group AG [NASDAQ:SRAD] has a current ratio of 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 3.53, the price to book ratio is 4.07 and price to earnings (TTM) ratio is 146.84.
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.
