Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Sportradar Group AG (NASDAQ: SRAD) was $20.00 for the day, up 0.25% from the previous closing price of $19.95. In other words, the price has increased by $0.25 from its previous closing price. On the day, 0.77 million shares were traded. SRAD stock price reached its highest trading level at $20.38 during the session, while it also had its lowest trading level at $19.701.
Ratios:
Our analysis of SRAD’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.52. For the most recent quarter (mrq), Quick Ratio is recorded 1.53 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on January 15, 2025, Reiterated its Buy rating but revised its target price to $23 from $17 previously.
On October 21, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $12 to $15.
JMP Securities Upgraded its Mkt Perform to Mkt Outperform on September 04, 2024, while the target price for the stock was maintained at $16.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 09 ’24 when Koerl Carsten bought 57,614 shares for $11.18 per share.
Koerl Carsten bought 43,150 shares of SRAD for $479,396 on Aug 08 ’24. On Aug 07 ’24, another insider, Koerl Carsten, who serves as the Officer of the company, bought 54,828 shares for $11.14 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SRAD now has a Market Capitalization of 5958620160 and an Enterprise Value of 21966321664. As of this moment, Sportradar’s Price-to-Earnings (P/E) ratio for their current fiscal year is 96.20, and their Forward P/E ratio for the next fiscal year is 72.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.23 while its Price-to-Book (P/B) ratio in mrq is 5.86. Its current Enterprise Value per Revenue stands at 20.879 whereas that against EBITDA is 59.486.
Stock Price History:
The Beta on a monthly basis for SRAD is 2.18, which has changed by 0.76861703 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, SRAD has reached a high of $20.90, while it has fallen to a 52-week low of $9.17. The 50-Day Moving Average of the stock is 16.53%, while the 200-Day Moving Average is calculated to be 58.12%.
Shares Statistics:
SRAD traded an average of 814.70K shares per day over the past three months and 1183120 shares per day over the past ten days. A total of 207.56M shares are outstanding, with a floating share count of 168.87M. Insiders hold about 43.32% of the company’s shares, while institutions hold 45.07% stake in the company. Shares short for SRAD as of 1735603200 were 4999069 with a Short Ratio of 6.14, compared to 1732838400 on 4889693. Therefore, it implies a Short% of Shares Outstanding of 4999069 and a Short% of Float of 5.5999998.
