NASDAQ:SRAD

Sportradar Group (SRAD) Stock Forecast, Price & News

$9.84

+0.09 (+0.92%)

(As of 09/27/2023 ET)

Compare

Today's Range: $9.75
▼
$9.91
50-Day Range: $9.75
▼
$15.17
52-Week Range: $7.84
▼
$15.56

Volume: 122,457 shs
Average Volume: 273,405 shs
Market Capitalization: $10.92 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $14.00

Sportradar Group MarketRank™ Forecast

Analyst Rating: Hold
2.33 Rating Score
Upside/Downside: 42.3% Upside
$14.00 Price Target
Short Interest: Healthy
2.13% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 92.31%
From $0.13 to $0.25 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Consumer Discretionary Sector

116th out of 275 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

19th out of 60 stocks

4.2

Analyst's Opinion

Consensus Rating
Sportradar Group has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 4 buy ratings, 4 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, Sportradar Group has a forecasted upside of 42.3% from its current price of $9.84.
Amount of Analyst Coverage
Sportradar Group has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.13% of the float of Sportradar Group has been sold short.
Short Interest Ratio / Days to Cover
Sportradar Group has a short interest ratio ("days to cover") of 9.1.
Change versus previous month
Short interest in Sportradar Group has recently decreased by 2.23%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Sportradar Group does not currently pay a dividend.
Dividend Growth
Sportradar Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for SRAD.

3.3

News and Social Media Coverage

News Sentiment
Sportradar Group has a news sentiment score of 1.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.69 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 1 news article for Sportradar Group this week, compared to 2 articles on an average week.
Search Interest
Only 1 people have searched for SRAD on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
2 people have added Sportradar Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Sportradar Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 14.93% of the stock of Sportradar Group is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Sportradar Group are expected to grow by 92.31% in the coming year, from $0.13 to $0.25 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sportradar Group is -246.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Sportradar Group is -246.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Sportradar Group has a P/B Ratio of 13.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Sportradar Group (NASDAQ:SRAD) Stock

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. The company offers mission-critical software, data, and content to sports leagues and federations, betting operators, and media companies. It also provides sports entertainment, gaming, and sports solutions, as well as live streaming solution for online, mobile, and retail sports betting. In addition, its software solutions address the entire sports betting value chain from traffic generation and advertising technology to the collection, processing, and extrapolation of data and odds, as well as to visualization solutions, risk management, and platform services. Sportradar Group AG was founded in 2001 and is headquartered in St. Gallen, Switzerland.

SRAD Price History

30 days | 90 days | 365 days | Advanced Chart

SRAD Stock News Headlines

September 19, 2023 | msn.com

Sportradar share price volatility may present investment opportunity

September 19, 2023 | finance.yahoo.com

Should You Think About Buying Sportradar Group AG (NASDAQ:SRAD) Now?

September 28, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

August 30, 2023 | msn.com

NASCAR, Sportradar announce long-term global partnership extension, adding betting data rights

August 30, 2023 | seekingalpha.com

Sportradar Group AG backs prior guidance ahead of conference appearances

August 30, 2023 | finance.yahoo.com

Sportradar Announces Participation in Upcoming Conferences and Affirms 2023 Annual Guidance

August 22, 2023 | finance.yahoo.com

Sportradar Group (NASDAQ:SRAD) Has Some Way To Go To Become A Multi-Bagger

August 15, 2023 | seekingalpha.com

Sportradar Group: Not Betting On A Repeat Performance

September 28, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

August 10, 2023 | finance.yahoo.com

Q2 2023 Sportradar Group AG Earnings Call

August 9, 2023 | msn.com

Sportradar Group AG (SRAD) Reports Break-Even Earnings for Q2

August 9, 2023 | seekingalpha.com

Sportradar Group AG 2023 Q2 - Results - Earnings Call Presentation

August 9, 2023 | finanznachrichten.de

Sportradar AG: Sportradar Reports Strong Second Quarter 2023 Results

August 8, 2023 | benzinga.com

Sportradar Gr's Earnings Outlook

July 27, 2023 | finance.yahoo.com

12 Best Growth Stocks Under $25

July 27, 2023 | finance.yahoo.com

Is Sportradar Group AG (NASDAQ:SRAD) Trading At A 29% Discount?

July 12, 2023 | finance.yahoo.com

Sportradar to Release Second Quarter 2023 Financial Results on August 9, 2023

July 6, 2023 | finance.yahoo.com

Sportradar (SRAD) Announces Collaboration With CONMEBOL

July 5, 2023 | finance.yahoo.com

Sportradar Wins Major Bid for CONMEBOL Rights as Official Global Betting Partner

June 26, 2023 | markets.businessinsider.com

Needham Reaffirms Their Buy Rating on Sportradar Group AG (SRAD)

June 17, 2023 | finance.yahoo.com

Institutional investors in Sportradar Group AG (NASDAQ:SRAD) lost 6.0% last week but have reaped the benefits of longer-term growth

May 24, 2023 | benzinga.com

Benzinga Names Sportradar A 'Heavy Hitter' Award Recipient At Inaugural Titans Sports Betting Event

May 23, 2023 | fool.com

Sportradar Group Ag (NASDAQ: SRAD)

May 17, 2023 | finance.yahoo.com

Sportradar Group AG (NASDAQ:SRAD) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?

May 12, 2023 | finance.yahoo.com

Sportradar to Participate in Upcoming Conferences

May 12, 2023 | msn.com

Sportradar says AI is transforming the sports data industry

May 11, 2023 | markets.businessinsider.com

Morgan Stanley Keeps Their Hold Rating on Sportradar Group AG (SRAD)

See More Headlines

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SRAD Company Calendar

Today: 9/28/2023
Next Earnings (Estimated): 11/15/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:SRAD
CUSIP: N/A
CIK: 1836470
Web: www.sportradar.com
Phone: 41-71-517-7200
Fax: 41-71-517-7299
Employees: 3,977
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.00
High Stock Price Forecast: $20.00
Low Stock Price Forecast: $11.00
Forecasted Upside/Downside: +42.3%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 75.69
P/E Growth: N/A
Net Income: $11.48 million
Net Margins: -1.49%
Pretax Margin: -0.49%
Return on Equity: -1.48%
Return on Assets: -0.78%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 1.48
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: $769.46 million
Price / Sales: 14.20
Cash Flow: $0.19 per share
Price / Cash Flow: 53.09
Book Value: $0.72 per share
Price / Book: 13.67

Miscellaneous

Outstanding Shares: 1,110,240,000
Free Float: N/A
Market Cap: $10.92 billion
Optionable: Not Optionable
Beta: 1.99

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Key Executives

Mr. Carsten Koerl (Age 58)
Founder, CEO & Director

Mr. Gerard Griffin (Age 55)
Chief Financial Officer

Mr. Andrew Bimson
COO & Pres of North America

Mr. Aleksandr Sokolovskii
Chief Technology Officer

Mr. Ian Poland
Chief Information Officer

Ms. Lynn S. McCreary (Age 63)
Chief Admin. Officer, Legal Officer & Corp. Sec.

Ms. Rima Hyder (Age 47)
Sr. VP & Head of Investor Relations

Ms. Severine Riviere-Gerstner
Chief People Officer

Mr. Eduard H. Blonk (Age 52)
Chief Commercial Officer

Mr. Nick Maywald
Chief Content Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

SRAD Stock - Frequently Asked Questions

Should I buy or sell Sportradar Group stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Sportradar Group in the last twelve months. There are currently 1 sell rating, 4 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" SRAD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SRAD, but not buy additional shares or sell existing shares.
View SRAD analyst ratings or view top-rated stocks.
What is Sportradar Group's stock price forecast for 2023?: 9 Wall Street analysts have issued 1 year price objectives for Sportradar Group's shares. Their SRAD share price forecasts range from $11.00 to $20.00. On average, they expect the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 42.3% from the stock's current price.
View analysts price targets for SRAD or view top-rated stocks among Wall Street analysts.
How have SRAD shares performed in 2023?: Sportradar Group's stock was trading at $9.96 at the start of the year. Since then, SRAD stock has decreased by 1.2% and is now trading at $9.84.
View the best growth stocks for 2023 here.
When is Sportradar Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 15th 2023.
View our SRAD earnings forecast.
What ETFs hold Sportradar Group's stock?: ETFs with the largest weight of Sportradar Group (NASDAQ:SRAD) stock in their portfolio include Roundhill Sports Betting & iGaming ETF (BETZ), B.A.D. Etf (BAD) and Pacer BlueStar Digital Entertainment ETF (ODDS).First Trust IPOX Europe Equity Opportunities ETF (FPXE).
What guidance has Sportradar Group issued on next quarter's earnings?: Sportradar Group issued an update on its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $983.12M-$1.00 billion, compared to the consensus revenue estimate of $1.00 billion.

When did Sportradar Group IPO?: (SRAD) raised $504 million in an initial public offering on Tuesday, September 14th 2021. The company issued 19,000,000 shares at a price of $25.00-$28.00 per share.
What is Sportradar Group's stock symbol?: Sportradar Group trades on the NASDAQ under the ticker symbol "SRAD."
Who are Sportradar Group's major shareholders?: Sportradar Group's stock is owned by a number of institutional and retail investors. Top institutional investors include ArrowMark Colorado Holdings LLC (0.44%), Roubaix Capital LLC (0.02%), Exchange Traded Concepts LLC (0.02%), Renaissance Technologies LLC (0.01%), Russell Investments Group Ltd. (0.01%) and Wolverine Trading LLC (0.01%).
How do I buy shares of Sportradar Group?: Shares of SRAD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Sportradar Group's stock price today?: One share of SRAD stock can currently be purchased for approximately $9.84.
How much money does Sportradar Group make?: Sportradar Group (NASDAQ:SRAD) has a market capitalization of $10.92 billion and generates $769.46 million in revenue each year. The company earns $11.48 million in net income (profit) each year or ($0.04) on an earnings per share basis.
How many employees does Sportradar Group have?: The company employs 3,977 workers across the globe.
How can I contact Sportradar Group?: Sportradar Group's mailing address is FELDLISTRASSE 2, ST. GALLEN V8, CH-9000. The official website for the company is www.sportradar.com. The company can be reached via phone at 41-71-517-7200, via email at investor.relations@sportradar.com, or via fax at 41-71-517-7299.

This page (NASDAQ:SRAD) was last updated on 9/28/2023 by MarketBeat.com Staff

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