Sportradar Group (SRAD) Projected to Post Earnings on Wednesday

Sportradar Group (NASDAQ:SRAD - Get Free Report) is expected to post its Q1 2025 quarterly earnings results before the market opens on Wednesday, May 21st. Analysts expect Sportradar Group to post 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 issued its earnings results on Monday, May 12th. The company reported $0.07 EPS for the quarter, beating analysts' consensus estimates of $0.05 by $0.02. The firm had revenue of $336.71 million for the quarter, compared to analyst estimates of $318.81 million. Sportradar Group had a return on equity of 6.69% and a net margin of 5.61%. The company's quarterly revenue was up 17.0% on a year-over-year basis. 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 Price Performance

Shares of NASDAQ SRAD opened at $23.33 on Wednesday. The business's 50 day moving average price is $22.22 and its 200 day moving average price is $19.77. The firm has a market cap of $25.96 billion, a P/E ratio of 116.66, a P/E/G ratio of 1.53 and a beta of 2.08. Sportradar Group has a 52 week low of $9.30 and a 52 week 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.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Guggenheim reiterated a "buy" rating and issued a $27.00 target price on shares of Sportradar Group in a research report on Thursday, April 3rd. JMP Securities reiterated a "market outperform" rating and issued a $19.00 target price on shares of Sportradar Group in a research report on Monday, January 27th. Morgan Stanley upped their target price on Sportradar Group from $22.00 to $23.00 and gave the company an "equal weight" rating in a research report on Wednesday, April 16th. Benchmark upped their target price on Sportradar Group from $26.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, April 16th. Finally, Needham & Company LLC reissued a "buy" rating and issued a $27.00 price target on shares of Sportradar Group in a report on Monday. One research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

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.

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