Evaluating the Impact of 0.00 Increase on Endeavor Group Holdings Inc’s (EDR) Stock

The stock of Endeavor Group Holdings Inc (EDR) has seen a 0.97% increase in the past week, with a 5.90% gain in the past month, and a 6.59% flourish in the past quarter. The volatility ratio for the week is 0.75%, and the volatility levels for the past 30 days are at 0.89% for EDR.. The simple moving average for the past 20 days is 2.81% for EDR’s stock, with a 11.28% simple moving average for the past 200 days.

Is It Worth Investing in Endeavor Group Holdings Inc (NYSE: EDR) Right Now?

The stock has a 36-month beta value of 0.78. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for EDR is 194.50M, and at present, short sellers hold a 7.96% of that float. On October 14, 2024, the average trading volume of EDR was 3.28M shares.

EDR) stock’s latest price update

The stock of Endeavor Group Holdings Inc (NYSE: EDR) has decreased by 0.00 when compared to last closing price of 29.27.Despite this, the company has seen a gain of 0.97% in its stock price over the last five trading days. businesswire.com reported 2024-10-10 that NEW YORK–(BUSINESS WIRE)–TKO Group Holdings, Inc. (“TKO”), a premium sports and entertainment company, will release its third quarter 2024 results after market hours on Wednesday, November 6, 2024. The live teleconference to discuss these results and provide a business update is scheduled for 5 p.m. ET / 2 p.m. PT the same day. The earnings release, the live call and any supporting materials will be accessible via TKO’s IR site – investor.tkogrp.com. Participants can also access the teleconfe.

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 5.05% 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 0.00% of loss for the given period.

Volatility was left at 0.89%, however, over the last 30 days, the volatility rate increased by 0.75%, as shares surge +6.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.71% upper at present.

During the last 5 trading sessions, EDR rose by +0.97%, which changed the moving average for the period of 200-days by +23.61% in comparison to the 20-day moving average, which settled at $28.47. In addition, Endeavor Group Holdings Inc saw 23.35% 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 Emanuel Ariel, who sale 48,176 shares at the price of $29.04 back on Oct 08 ’24. After this action, Emanuel Ariel now owns 1,831,247 shares of Endeavor Group Holdings Inc, valued at $1,399,031 using the latest closing price.

Ariel Z. Emanuel, the Director of Endeavor Group Holdings Inc, proposed sale 48,176 shares at $29.09 during a trade that took place back on Oct 08 ’24, which means that Ariel Z. Emanuel is holding shares at $1,401,440 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
  • 0.56 for the gross margin

The net margin for Endeavor Group Holdings Inc stands at -0.06. The total capital return value is set at -0.01. Equity return is now at value 0.15, with 0.03 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 0.09. The debt to equity ratio resting at 1.16. The interest coverage ratio of the stock is -0.37.

Currently, EBITDA for the company is 1.58 billion with net debt to EBITDA at 7.71. When we switch over and look at the enterprise to sales, we see a ratio of 2.05. The receivables turnover for the company is 6.47for trailing twelve months and the total asset turnover is 0.31. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.50.

Conclusion

To sum up, Endeavor Group Holdings Inc (EDR) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Most Popular

Related Posts