Endeavor Group Holdings Inc (EDR) Stock: Evaluating the Market Performance

The price-to-earnings ratio for Endeavor Group Holdings Inc (NYSE: EDR) is 42.51x, which is above its average ratio. Moreover, the 36-month beta value for EDR is 0.77. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”

The public float for EDR is 180.99M and currently, short sellers hold a 7.13% of that float. On August 06, 2024, EDR’s average trading volume was 2.98M shares.

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EDR) stock’s latest price update

Endeavor Group Holdings Inc (NYSE: EDR)’s stock price has dropped by -0.59 in relation to previous closing price of 27.30. Nevertheless, the company has seen a loss of -0.55% in its stock price over the last five trading days. zacks.com reported 2024-08-05 that Evaluate the expected performance of Endeavor (EDR) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

EDR’s Market Performance

EDR’s stock has fallen by -0.55% in the past week, with a monthly drop of -1.02% and a quarterly rise of 2.42%. The volatility ratio for the week is 0.73% while the volatility levels for the last 30 days are 0.62% for Endeavor Group Holdings Inc. The simple moving average for the past 20 days is -0.71% for EDR’s stock, with a 8.02% simple moving average for the past 200 days.

Analysts’ Opinion of EDR

Many brokerage firms have already submitted their reports for EDR stocks, with Citigroup repeating the rating for EDR by listing it as a “Neutral.” The predicted price for EDR in the upcoming period, according to Citigroup is $27.50 based on the research report published on April 15, 2024 of the current year 2024.

TD Cowen, on the other hand, stated in their research note that they expect to see EDR reach a price target of $28. The rating they have provided for EDR stocks is “Outperform” according to the report published on September 12th, 2023.

Guggenheim gave a rating of “Buy” to EDR, setting the target price at $33 in the report published on May 01st of the previous year.

EDR Trading at 0.32% from the 50-Day Moving Average

After a stumble in the market that brought EDR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.74% of loss for the given period.

Volatility was left at 0.62%, however, over the last 30 days, the volatility rate increased by 0.73%, as shares sank -0.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.53% upper at present.

During the last 5 trading sessions, EDR fell by -0.55%, which changed the moving average for the period of 200-days by +45.44% in comparison to the 20-day moving average, which settled at $27.32. In addition, Endeavor Group Holdings Inc saw 14.37% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at EDR starting from Jason Lublin, who proposed sale 20,832 shares at the price of $27.29 back on Jul 29 ’24. After this action, Jason Lublin now owns shares of Endeavor Group Holdings Inc, valued at $568,505 using the latest closing price.

Lublin Jason, the Chief Financial Officer of Endeavor Group Holdings Inc, sale 20,832 shares at $27.28 during a trade that took place back on Jul 29 ’24, which means that Lublin Jason is holding 130,187 shares at $568,297 based on the most recent closing price.

Stock Fundamentals for EDR

Current profitability levels for the company are sitting at:

  • -0.02 for the present operating margin
  • 0.59 for the gross margin

The net margin for Endeavor Group Holdings Inc stands at 0.03. The total capital return value is set at -0.01. Equity return is now at value 6.40, with 1.25 for asset returns.

Based on Endeavor Group Holdings Inc (EDR), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 1.18. The interest coverage ratio of the stock is -0.36.

Currently, EBITDA for the company is 1.58 billion with net debt to EBITDA at 3.75. When we switch over and look at the enterprise to sales, we see a ratio of 2.08. The receivables turnover for the company is 5.71for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.

Conclusion

To wrap up, the performance of Endeavor Group Holdings Inc (EDR) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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