While Sportradar Group AG has overperformed by 2.25%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SRAD rose by 82.20%, with highs and lows ranging from $20.90 to $9.17, whereas the simple moving average jumped by 62.79% in the last 200 days.
On January 15, 2025, Jefferies Reiterated Sportradar Group AG (NASDAQ: SRAD) to Buy. A report published by JP Morgan on October 21, 2024, Upgraded its rating to ‘Overweight’ for SRAD. JMP Securities also Upgraded SRAD shares as ‘Mkt Outperform’, setting a target price of $16 on the company’s shares in a report dated September 04, 2024. Jefferies August 14, 2024d the rating to Buy on August 14, 2024, and set its price target from $12 to $16. JP Morgan initiated its ‘Neutral’ rating for SRAD, as published in its report on June 18, 2024. Jefferies also rated the stock as ‘Hold’.
Analysis of Sportradar Group AG (SRAD)
Further, the quarter-over-quarter increase in sales is 28.18%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Sportradar Group AG’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 6.93% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.53, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 858.20K can be a very valuable indicator of volatility for SRAD stock. On a monthly basis, the volatility of the stock is set at 4.03%, whereas on a weekly basis, it is put at 2.66%, with a gain of 4.66% over the past seven days. Furthermore, long-term investors anticipate a median target price of $18.89, showing decline from the present price of $20.88, which can serve as yet another indication of whether SRAD is worth investing in or should be passed over.
How Do You Analyze Sportradar Group AG Shares?
The Switzerland based company Sportradar Group AG (SRAD) is one of the biggest names in Software – Application. When comparing Sportradar Group AG shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 100.43, there is a growth in quarterly earnings of 795.39%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 43.32%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 45.02% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
SRAD shares are owned by institutional investors to the tune of 45.02% at present.
