Sportradar Group (SRAD) Expected to Announce Earnings on Wednesday

Sportradar Group (NASDAQ:SRAD - Get Free Report) is expected to be announcing its Q1 2025 earnings results before the market opens on Wednesday, May 21st. Analysts expect the company to announce earnings of $0.06 per share for the quarter. Sportradar Group has set its FY 2025 guidance at EPS.

Sportradar Group (NASDAQ:SRAD - Get Free Report) last announced its quarterly earnings data on Monday, May 12th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.02. The business had revenue of $336.71 million for the quarter, compared to the consensus estimate of $318.81 million. Sportradar Group had a net margin of 5.61% and a return on equity of 6.69%. The business's revenue was up 17.0% compared to the same quarter last year. On average, analysts expect Sportradar Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sportradar Group Trading Down 0.4%

Shares of SRAD traded down $0.09 on Monday, hitting $23.89. 1,638,005 shares of the stock traded hands, compared to its average volume of 911,732. Sportradar Group has a 1 year low of $9.94 and a 1 year high of $25.85. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock's 50 day moving average is $22.51 and its two-hundred day moving average is $20.13. The firm has a market capitalization of $26.58 billion, a P/E ratio of 119.46, a P/E/G ratio of 1.53 and a beta of 2.08.

Analyst Upgrades and Downgrades

SRAD has been the subject of several research analyst reports. Morgan Stanley upped their price target on shares of Sportradar Group from $22.00 to $23.00 and gave the stock an "equal weight" rating in a research report on Wednesday, April 16th. Canaccord Genuity Group upped their price target on shares of Sportradar Group from $30.00 to $32.00 and gave the stock a "buy" rating in a research report on Thursday, April 3rd. UBS Group upped their price target on shares of Sportradar Group from $24.00 to $29.00 and gave the stock a "buy" rating in a research report on Tuesday, April 8th. JMP Securities reaffirmed a "market outperform" rating and set a $19.00 price target on shares of Sportradar Group in a research report on Monday, January 27th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $27.00 price target on shares of Sportradar Group in a research report on Monday, May 12th. One research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $27.00.

Institutional Investors Weigh In On Sportradar Group

An institutional investor recently bought a new position in Sportradar Group stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Sportradar Group AG (NASDAQ:SRAD - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 26,521 shares of the company's stock, valued at approximately $573,000.

Sportradar Group Company Profile

Sportradar Group AG, together with its subsidiaries, provides sports data services for the sports betting and media industries in the United Kingdom, the United States, Malta, Switzerland, and internationally. Its sports data services to the bookmaking under the Betradar brand name, and to the international media industry under the Sportradar Media Services brand name.