Currently, Endeavor Group Holdings Inc [EDR] is trading at $31.29, up 0.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The EDR shares have gain 0.94% over the last week, with a monthly amount glided 5.07%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Endeavor Group Holdings Inc [NYSE: EDR] stock has seen the most recent analyst activity on April 15, 2024, when Citigroup downgraded its rating to a Neutral but kept the price target unchanged to $27.50 for it. Previously, TD Cowen started tracking the stock with Outperform rating on September 12, 2023, and set its price target to $28. On May 01, 2023, Guggenheim initiated with a Buy rating and assigned a price target of $33 on the stock. Seaport Research Partners started tracking the stock assigning a Buy rating and suggested a price target of $30 on April 24, 2023. BofA Securities initiated its recommendation with a Buy and recommended $28 as its price target on August 04, 2022. Citigroup upgraded its rating to Buy for this stock on July 07, 2022, but kept the price target unchanged to $25.
This stock has fluctuated between a low of $22.75 and a high of $31.30 over the last 52 weeks. 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 $31.29 at the most recent close of the market. An investor can expect a potential drop of -8.12% based on the average EDR price forecast.
Analyzing the EDR fundamentals
Trailing Twelve Months sales for Endeavor Group Holdings Inc [NYSE:EDR] were 7.22B which represents 51.13% growth. Gross Profit Margin for this corporation currently stands at 0.52% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.03, Equity is -0.13 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.24.
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 31.15 points at the first support level, and at 31.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 31.43, and for the 2nd resistance point, it is at 31.56.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Endeavor Group Holdings Inc [NYSE:EDR] is 0.59. On the other hand, the Quick Ratio is 0.59, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.98, the price to book ratio is 2.28.
Transactions by insiders
Recent insider trading involved Whitesell Patrick, 10% Owner, that happened on Dec 17 ’24 when 0.26 million shares were purchased. 10% Owner, Whitesell Patrick completed a deal on Dec 16 ’24 to buy 0.26 million shares. Meanwhile, 10% Owner Whitesell Patrick bought 0.25 million shares on Dec 13 ’24.
