In Thursday’s Wall Street session, Sportradar Group AG (NASDAQ:SRAD) shares traded at $22.12, down -4.30% from the previous session.
SRAD stock price is now 1.50% away from the 50-day moving average and 35.01% away from the 200-day moving average. The market capitalization of the company currently stands at $6.62B.
With the price target maintained at $28, BofA Securities recently Upgraded its rating from Underperform to Buy for Sportradar Group AG (NASDAQ: SRAD). On April 11, 2025, BTIG Research recently initiated its ‘Buy’ rating on the stock quoting a target price of $28, while ‘Needham’ rates the stock as ‘Buy’
In other news, Koerl Carsten, Officer bought 57,614 shares of the company’s stock on Aug 09 ’24. The stock was bought for $644,125 at an average price of $11.18. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 08 ’24, Officer Koerl Carsten bought 43,150 shares of the business’s stock. A total of $479,396 was incurred on buying the stock at an average price of $11.11. A total of 43.35% of the company’s stock is owned by insiders.
During the past 12 months, Sportradar Group AG has had a low of $9.17 and a high of $25.85. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 1.53, and a quick ratio of 1.52. According to the stock market information, the enterprise value for the company is $6327108608, which is based on a 177.10 price-to-earnings ratio, a 1.95 price-to-earnings-growth ratio, and a beta of 2.02. The fifty day moving average price for SRAD is $21.7935 and a two-hundred day moving average price translates $16.38345 for the stock.
The latest earnings results from Sportradar Group AG (NASDAQ: SRAD) was released for 2024-12-31. The net profit margin was 3.14% and return on equity was 3.92% for SRAD. The company reported revenue of $328.31 million for the quarter, compared to $272.24 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 20.59 percent. For the current quarter, analysts expect SRAD to generate $306.48M in revenue.
