Should I buy or sell Sportradar Group stock right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sportradar Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SRAD shares. View SRAD analyst ratings or view top-rated stocks .

What is Sportradar Group's stock price target for 2024?

7 Wall Street research analysts have issued twelve-month price targets for Sportradar Group's stock. Their SRAD share price targets range from $10.50 to $15.00. On average, they predict the company's stock price to reach $12.57 in the next twelve months. This suggests a possible upside of 22.6% 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 beginning of the year. Since then, SRAD stock has increased by 2.9% and is now trading at $10.25. 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, March 20th 2024. View our SRAD earnings forecast .

How were Sportradar Group's earnings last quarter?

Sportradar Group AG (NASDAQ:SRAD) issued its quarterly earnings data on Wednesday, November, 1st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The business had revenue of $218.81 million for the quarter, compared to the consensus estimate of $230.02 million. Sportradar Group had a negative trailing twelve-month return on equity of 2.33% and a negative net margin of 2.36%.

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 updated its FY 2023 earnings guidance on Friday, September, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $983.12M-$1.00 billion, compared to the consensus revenue estimate of $982.38 million.

When did Sportradar Group IPO?

(SRAD) raised $504 million in an initial public offering (IPO) on Tuesday, September 14th 2021. The company issued 19,000,000 shares at $25.00-$28.00 per share.

Who are Sportradar Group's major shareholders?

Sportradar Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Revolution Growth Management Company Inc. (0.57%), Federated Hermes Inc. (0.45%), 12 West Capital Management LP (0.33%), FMR LLC (0.05%), Exchange Traded Concepts LLC (0.04%) and Deutsche Bank AG (0.02%).

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 .

Sportradar Group (SRAD) Stock Price, News & Analysis

$10.25

-0.09 (-0.87%)

(As of 10:30 AM ET)

Compare

Today's Range: $10.20
▼
$10.36
50-Day Range: $8.10
▼
$10.34
52-Week Range: $8.08
▼
$15.56

Volume: 43,417 shs
Average Volume: 285,617 shs
Market Capitalization: $11.38 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.57

Sportradar Group MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 22.6% Upside
$12.57 Price Target
Short Interest: Bearish
2.07% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.45
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 190.00%
From $0.10 to $0.29 Per Share

Overall MarketRank^™

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

1.69 out of 5 stars

Consumer Discretionary Sector

196th out of 244 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

34th out of 51 stocks

2.3

Analyst's Opinion

Consensus Rating
Sportradar Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.57, Sportradar Group has a forecasted upside of 22.6% from its current price of $10.25.
Amount of Analyst Coverage
Sportradar Group has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
2.07% 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 10, which indicates bearish sentiment.
Change versus previous month
Short interest in Sportradar Group has recently increased by 0.33%, indicating that investor sentiment is decreasing.

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.

1.9

News and Social Media Coverage

News Sentiment
Sportradar Group has a news sentiment score of 0.45. 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 lower news sentiment than the 0.57 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Sportradar Group this week, compared to 2 articles on an average week.
MarketBeat Follows
1 people have added Sportradar Group to their MarketBeat watchlist in the last 30 days.

1.7

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 Insiders
85.02% of the stock of Sportradar Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
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 190.00% in the coming year, from $0.10 to $0.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Sportradar Group is -146.41, 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 -146.41, 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 14.24. 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 Stock (NASDAQ:SRAD)

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

SRAD Stock News Headlines

December 10, 2023 | americanbankingnews.com

Sportradar Group (NASDAQ:SRAD) Sees Large Volume Increase

December 8, 2023 | sports.yahoo.com

Sportico Transactions: Moves and Mergers Roundup for December 8

December 11, 2023 | DTI Trader (Ad)

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December 4, 2023 | finance.yahoo.com

Sportradar Appoints Jim Bombassei as Senior Vice President, Investor Relations and Corporate Finance

November 28, 2023 | finance.yahoo.com

Sportradar Announces Participation In Upcoming Conferences

November 24, 2023 | finance.yahoo.com

Owning 45% shares,institutional owners seem interested in Sportradar Group AG (NASDAQ:SRAD),

November 21, 2023 | seekingalpha.com

Sportradar Group: Recent Developments Lead Me To Upgrade My Rating

November 14, 2023 | finance.yahoo.com

Sportradar To Participate In Needham Consumer Tech And E-Commerce Virtual Conference

December 11, 2023 | DTI Trader (Ad)

All the trading advice you’ve ever received boils down to this

November 7, 2023 | msn.com

Sportradar and Genius Sports are expected to benefit from online sports betting action in Florida

November 7, 2023 | markets.businessinsider.com

Sportradar Group AG: Forecasted Revenue Growth and Stable Margins Influence Buy Rating

November 3, 2023 | benzinga.com

Sportradar Gr Stock (NASDAQ:SRAD), Analyst Ratings, Price Targets, Predictions

November 3, 2023 | finance.yahoo.com

Sportradar Group AG (NASDAQ:SRAD) Q3 2023 Earnings Call Transcript

November 2, 2023 | markets.businessinsider.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Sportradar Group AG - SRAD

November 2, 2023 | markets.businessinsider.com

Analysts Are Bullish on These Technology Stocks: Sportradar Group AG (SRAD), Zebra Tech (ZBRA)

November 2, 2023 | finance.yahoo.com

Investors Still Waiting For A Pull Back In Sportradar Group AG (NASDAQ:SRAD)

November 1, 2023 | morningstar.com

Sportradar Group AG Class A SRAD

November 1, 2023 | finance.yahoo.com

Sportradar Group Ag (SRAD) Q3 2023 Earnings Call Transcript

November 1, 2023 | finance.yahoo.com

Sportradar Reports Third Quarter 2023 Results

October 26, 2023 | msn.com

Sportradar Group: Odds Favor Good Growth

October 25, 2023 | uk.finance.yahoo.com

Here's Why Sportradar Group AG (SRAD) is Poised for a Turnaround After Losing -9.13% in 4 Weeks

October 10, 2023 | finance.yahoo.com

Sportradar Selected to Power Taiwan’s Sports Lottery With Customised Omnichannel Sportsbook and Player Management Solution

October 6, 2023 | finance.yahoo.com

Sportradar to Release Third Quarter 2023 Financial Results on November 1, 2023

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?

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

See More Headlines

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Company Calendar

Last Earnings: 11/01/2023
Today: 12/11/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/20/2024

Get Stock Alerts

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 Target: $12.57
High Stock Price Target: $15.00
Low Stock Price Target: $10.50
Potential Upside/Downside: +21.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.07)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 103.10
P/E Growth: N/A
Net Income: $11.48 million
Net Margins: -2.36%
Pretax Margin: -0.85%
Return on Equity: -2.33%
Return on Assets: -1.30%

Debt

Debt-to-Equity Ratio: 0.02
Current Ratio: 1.55
Quick Ratio: 1.56

Sales & Book Value

Annual Sales: $831.32 million
Price / Sales: 13.77
Cash Flow: $0.19 per share
Price / Cash Flow: 55.68
Book Value: $0.72 per share
Price / Book: 14.32

Miscellaneous

Outstanding Shares: 1,110,242,000
Free Float: 166,314,000
Market Cap: $11.45 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 & President of North America
Mr. Aleksandr Sokolovskii
Chief Technology Officer
Mr. Ian Poland
Chief Information Officer
Ms. Lynn S. McCreary (Age 63)
Chief Administrative Officer, Legal Officer & Corporate Secretary
Ms. Rima Hyder (Age 47)
Senior 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 Analysis - Frequently Asked Questions

Should I buy or sell Sportradar Group stock right now?: 7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Sportradar Group in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" SRAD shares.
View SRAD analyst ratings or view top-rated stocks.
What is Sportradar Group's stock price target for 2024?: 7 Wall Street research analysts have issued twelve-month price targets for Sportradar Group's stock. Their SRAD share price targets range from $10.50 to $15.00. On average, they predict the company's stock price to reach $12.57 in the next twelve months. This suggests a possible upside of 22.6% 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 beginning of the year. Since then, SRAD stock has increased by 2.9% and is now trading at $10.25.
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, March 20th 2024.
View our SRAD earnings forecast.
How were Sportradar Group's earnings last quarter?: Sportradar Group AG (NASDAQ:SRAD) issued its quarterly earnings data on Wednesday, November, 1st. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The business had revenue of $218.81 million for the quarter, compared to the consensus estimate of $230.02 million. Sportradar Group had a negative trailing twelve-month return on equity of 2.33% and a negative net margin of 2.36%.
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 updated its FY 2023 earnings guidance on Friday, September, 29th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $983.12M-$1.00 billion, compared to the consensus revenue estimate of $982.38 million.
When did Sportradar Group IPO?: (SRAD) raised $504 million in an initial public offering (IPO) on Tuesday, September 14th 2021. The company issued 19,000,000 shares at $25.00-$28.00 per share.
Who are Sportradar Group's major shareholders?: Sportradar Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include Revolution Growth Management Company Inc. (0.57%), Federated Hermes Inc. (0.45%), 12 West Capital Management LP (0.33%), FMR LLC (0.05%), Exchange Traded Concepts LLC (0.04%) and Deutsche Bank AG (0.02%).
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.

This page (NASDAQ:SRAD) was last updated on 12/11/2023 by MarketBeat.com Staff

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