The 36-month beta value for EDR is at 0.78. Analysts have varying views on the stock, with 4 analysts rating it as a “buy,” 1 rating it as “overweight,” 6 as “hold,” and 1 as “sell.”
The public float for EDR is 195.18M, and currently, shorts hold a 7.93% of that float. The average trading volume for EDR on October 22, 2024 was 3.19M shares.
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EDR) stock’s latest price update
Endeavor Group Holdings Inc (NYSE: EDR)’s stock price has dropped by -0.41 in relation to previous closing price of 29.45. Nevertheless, the company has seen a gain of 0.03% in its stock price over the last five trading days. globenewswire.com reported 2024-10-21 that SAN DIEGO, Oct. 21, 2024 (GLOBE NEWSWIRE) — Endeavor Bancorp (OTCQX: EDVR) (the “Company,” or “Bancorp”), the holding company for Endeavor Bank (the “Bank”), today reported net income of $924,000, or $0.22 per diluted share, for the third quarter of 2024, compared to net income of $760,000, or $0.18 per diluted share, for the second quarter of 2024, and $1,218,000, or $0.29 per diluted share, for the third quarter of 2023. Pretax net income was $1.3 million in the third quarter compared to $1.1 million in the preceding quarter and $1.7 million in the third quarter of 2023. All financial results are unaudited.
EDR’s Market Performance
Endeavor Group Holdings Inc (EDR) has seen a 0.03% rise in stock performance for the week, with a 4.45% gain in the past month and a 7.12% surge in the past quarter. The volatility ratio for the week is 0.77%, and the volatility levels for the past 30 days are at 0.96% for EDR. The simple moving average for the past 20 days is 1.33% for EDR’s stock, with a 10.78% 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 4.36% 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 -0.71% of loss for the given period.
Volatility was left at 0.96%, however, over the last 30 days, the volatility rate increased by 0.77%, as shares surge +5.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.42% upper at present.
During the last 5 trading sessions, EDR rose by +0.03%, which changed the moving average for the period of 200-days by +25.07% in comparison to the 20-day moving average, which settled at $28.94. In addition, Endeavor Group Holdings Inc saw 23.60% 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 2.06. 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
In conclusion, Endeavor Group Holdings Inc (EDR) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
