Sportradar Group AG (NASDAQ: SRAD) has a higher price-to-earnings ratio of 91.92x compared to its average ratio, The 36-month beta value for SRAD is at 2.18. Analysts have varying views on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for SRAD is 168.87M, and currently, shorts hold a 3.03% of that float. The average trading volume for SRAD on January 10, 2025 was 733.20K shares.
SRAD) stock’s latest price update
The stock price of Sportradar Group AG (NASDAQ: SRAD) has jumped by 2.96 compared to previous close of 18.56. Despite this, the company has seen a gain of 9.58% in its stock price over the last five trading days. globenewswire.com reported 2025-01-09 that Significant drop in suspicious matches detected in Europe and Africa; corruption in soccer decreased globally Significant drop in suspicious matches detected in Europe and Africa; corruption in soccer decreased globally
SRAD’s Market Performance
Sportradar Group AG (SRAD) has seen a 9.58% rise in stock performance for the week, with a 12.48% gain in the past month and a 60.72% surge in the past quarter. The volatility ratio for the week is 4.64%, and the volatility levels for the past 30 days are at 4.02% for SRAD. The simple moving average for the past 20 days is 9.23% for SRAD’s stock, with a 53.01% simple moving average for the past 200 days.
Analysts’ Opinion of SRAD
Many brokerage firms have already submitted their reports for SRAD stocks, with JP Morgan repeating the rating for SRAD by listing it as a “Overweight.” The predicted price for SRAD in the upcoming period, according to JP Morgan is $15 based on the research report published on October 21, 2024 of the previous year 2024.
JMP Securities, on the other hand, stated in their research note that they expect to see SRAD reach a price target of $16. The rating they have provided for SRAD stocks is “Mkt Outperform” according to the report published on September 04th, 2024.
Jefferies gave a rating of “Buy” to SRAD, setting the target price at $16 in the report published on August 14th of the previous year.
SRAD Trading at 15.06% from the 50-Day Moving Average
After a stumble in the market that brought SRAD to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.92% of gains for the given period.
Volatility was left at 4.02%, however, over the last 30 days, the volatility rate increased by 4.64%, as shares surge +10.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +51.64% upper at present.
During the last 5 trading sessions, SRAD rose by +8.43%, which changed the moving average for the period of 200-days by +68.24% in comparison to the 20-day moving average, which settled at $17.49. In addition, Sportradar Group AG saw 10.21% 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 SRAD starting from Koerl Carsten, who proposed sale 57,614 shares at the price of $11.18 back on Aug 09 ’24. After this action, Koerl Carsten now owns shares of Sportradar Group AG, valued at $644,125 using the latest closing price.
Koerl Carsten, the Officer of Sportradar Group AG, proposed sale 43,150 shares at $11.11 during a trade that took place back on Aug 08 ’24, which means that Koerl Carsten is holding shares at $479,396 based on the most recent closing price.
Stock Fundamentals for SRAD
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.66 for the gross margin
The net margin for Sportradar Group AG stands at 0.06. The total capital return value is set at 0.02. Equity return is now at value 6.93, with 3.20 for asset returns.
Based on Sportradar Group AG (SRAD), the company’s capital structure generated 0.05 points at debt to capital in total, while cash flow to debt ratio is standing at 6.75. The debt to equity ratio resting at 0.05. The interest coverage ratio of the stock is 0.64.
Currently, EBITDA for the company is 285.01 million with net debt to EBITDA at -0.75. When we switch over and look at the enterprise to sales, we see a ratio of 5.0. The receivables turnover for the company is 6.28for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.
Conclusion
In conclusion, Sportradar Group AG (SRAD) has had a better performance lately. Opinion on the stock among analysts is bullish, 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.
