Sportradar Group AG (NASDAQ:SRAD – Get Free Report) has been given a consensus rating of “Moderate Buy” by the eighteen ratings firms that are currently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $22.6667.
Several analysts recently issued reports on the company. Benchmark reiterated a “buy” rating on shares of Sportradar Group in a research report on Thursday, July 9th. Truist Financial lowered their price target on Sportradar Group from $26.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, April 29th. Guggenheim dropped their price target on Sportradar Group from $35.00 to $30.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Citizens Jmp cut their price objective on shares of Sportradar Group from $26.00 to $24.00 and set a “market outperform” rating for the company in a report on Wednesday, July 8th. Finally, Needham & Company LLC lifted their price objective on shares of Sportradar Group from $19.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, June 8th.
Check Out Our Latest Stock Analysis on SRAD
Insider Activity
Institutional Trading of Sportradar Group
A number of large investors have recently added to or reduced their stakes in SRAD. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Sportradar Group during the 1st quarter valued at approximately $573,000. Goldman Sachs Group Inc. increased its position in Sportradar Group by 175.4% in the first quarter. Goldman Sachs Group Inc. now owns 610,384 shares of the company’s stock worth $13,197,000 after purchasing an additional 388,769 shares during the last quarter. Geode Capital Management LLC increased its position in Sportradar Group by 5.3% in the second quarter. Geode Capital Management LLC now owns 182,112 shares of the company’s stock worth $5,114,000 after purchasing an additional 9,162 shares during the last quarter. Cetera Investment Advisers purchased a new stake in Sportradar Group during the second quarter valued at $316,000. Finally, Legal & General Group Plc purchased a new stake in Sportradar Group during the second quarter valued at $260,000.
Sportradar Group Stock Performance
Shares of NASDAQ SRAD opened at $14.38 on Friday. The stock has a market cap of $4.31 billion, a PE ratio of 59.92 and a beta of 1.60. Sportradar Group has a 1 year low of $11.66 and a 1 year high of $32.22. The firm has a fifty day moving average price of $14.48 and a 200-day moving average price of $16.67. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.06 and a quick ratio of 1.06.
Sportradar Group (NASDAQ:SRAD – Get Free Report) last issued its earnings results on Wednesday, April 29th. The company reported ($0.02) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.08). The firm had revenue of $401.11 million during the quarter, compared to the consensus estimate of $417.86 million. Sportradar Group had a return on equity of 7.28% and a net margin of 5.20%.The company’s quarterly revenue was up 11.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.07 EPS. Equities analysts anticipate that Sportradar Group will post 0.4 earnings per share for the current fiscal year.
Key Headlines Impacting Sportradar Group
Here are the key news stories impacting Sportradar Group this week:
- Neutral Sentiment: Multiple law firms reminded investors that the deadline to seek lead-plaintiff status in a securities class action against Sportradar is July 17, with claims covering purchases made between November 7, 2024 and April 21, 2026. Article link
- Neutral Sentiment: Hagens Berman, Faruqi & Faruqi, Rosen, Pomerantz, and other firms issued similar notices urging investors with losses in Sportradar Group AG (SRAD) to contact counsel before the deadline, keeping the lawsuit in focus for shareholders. Article link
- Neutral Sentiment: There was also a separate note pointing to JPMorgan Chase’s positive forecast for Sportradar stock, which may offer some offsetting support, though the dominant theme in the latest headlines is still litigation-related. Article link
Sportradar Group Company Profile
Sportradar Group is a global leader in digital sports data and content, delivering real-time statistics, analytics and sports betting solutions to clients across the gaming, media and sports federation sectors. The company aggregates and processes live data from more than 800,000 sporting events each year, providing feeds for pre-match and in-play odds, visualization tools and managed trading services. Its products also include integrity services, which monitor betting markets for irregularities and help sports organizations safeguard competition outcomes.
Founded in 2001 and headquartered in St.
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