Sportradar Group AG [SRAD] stock is trading at $18.70, down -1.55%. 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 5.38% over the last week, with a monthly amount glided 9.07%, and seem to be holding up well over a long-time horizon.
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.
Sportradar Group AG [SRAD] stock has fluctuated between $9.17 and $19.22 over the past year. Currently, Wall Street analysts expect the stock to reach $17.25 within the next 12 months. Sportradar Group AG [NASDAQ: SRAD] shares were valued at $18.70 at the most recent close of the market. An investor can expect a potential drop of -7.75% based on the average SRAD price forecast.
Analyzing the SRAD fundamentals
Sportradar Group AG [NASDAQ:SRAD] reported sales of 1.14B for the trailing twelve months, which represents a growth of 28.18%. Gross Profit Margin for this corporation currently stands at 0.66% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
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 18.36 points at the first support level, and at 18.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.99, and for the 2nd resistance point, it is at 19.28.
Ratios To Look Out For
For context, Sportradar Group AG’s Current Ratio is 1.53. As well, the Quick Ratio is 1.53, while the Cash Ratio is 1.0. Considering the valuation of this stock, the price to sales ratio is 4.89, the price to book ratio is 5.48 and price to earnings (TTM) ratio is 89.97.
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.
