Sportradar Group AG [SRAD] stock is trading at $20.34, up 1.50%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SRAD shares have gain 8.74% over the last week, with a monthly amount glided 16.49%, 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 January 15, 2025, when Jefferies reiterated its Buy rating and also boosted its price target to $23 from $17. Previously, JP Morgan upgraded its rating to Overweight on October 21, 2024, and elevated its price target to $15. On September 04, 2024, upgrade upgraded it’s rating to Mkt Outperform but maintained its price target of $16 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $16 on August 14, 2024. In a note dated January 09, 2023, Jefferies downgraded an Hold rating on this stock and revised its target price from $18 to $10.
Sportradar Group AG [SRAD] stock has fluctuated between $9.17 and $20.90 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 $20.34 at the most recent close of the market. An investor can expect a potential drop of -15.19% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
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 20.14 points at the first support level, and at 19.95 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.52, and for the 2nd resistance point, it is at 20.71.
Ratios To Look Out For
For context, Sportradar Group AG’s Current Ratio is 1.53. Also, the Quick Ratio is 1.53, while the Cash Ratio stands at 1.0. Considering the valuation of this stock, the price to sales ratio is 5.32, the price to book ratio is 5.96 and price to earnings (TTM) ratio is 97.84.
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.
