Monthly Drifts in Endeavor Group Holdings Inc (EDR) Stock: A Closer Look

Endeavor Group Holdings Inc [EDR] stock prices are down -1.11% to $31.32 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EDR shares have gain 3.71% over the last week, with a monthly amount glided 0.10%, 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.

The stock price of Endeavor Group Holdings Inc [EDR] has been fluctuating between $23.14 and $32.04 over the past year. 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 $31.32 at the most recent close of the market. An investor can expect a potential drop of -8.21% based on the average EDR price forecast.

Analyzing the EDR fundamentals

The Endeavor Group Holdings Inc [NYSE:EDR] reported sales of 7.22B for trailing twelve months, representing a surge of 51.13%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.34.

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 30.84 points at the first support level, and at 30.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.04, and for the 2nd resistance point, it is at 32.76.

Ratios To Look Out For

It’s worth pointing out that Endeavor Group Holdings Inc [NYSE:EDR]’s Current Ratio is 0.59. Further, the Quick Ratio stands at 0.59, while the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 2.97, the price to book ratio is 2.28.

Transactions by insiders

Recent insider trading involved Whitesell Patrick, 10% Owner, that happened on Jan 23 ’25 when 0.12 million shares were purchased. 10% Owner, Whitesell Patrick completed a deal on Jan 24 ’25 to buy 0.11 million shares. Meanwhile, 10% Owner Whitesell Patrick bought 89234.0 shares on Jan 27 ’25.

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