While Sportradar Group AG has underperformed by -0.70%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, SRAD rose by 99.21%, with highs and lows ranging from $23.15 to $9.17, whereas the simple moving average jumped by 50.36% in the last 200 days.
On March 20, 2025, Needham Reiterated Sportradar Group AG (NASDAQ: SRAD) to Buy. A report published by Guggenheim on February 26, 2025, Initiated its previous ‘Buy’ rating for SRAD. Jefferies also reiterated SRAD shares as ‘Buy’, quoting a target price of $23 on the company’s shares in a report dated January 15, 2025. JP Morgan October 21, 2024d the rating to Overweight on October 21, 2024, and set its price target from $12 to $15. JMP Securities September 04, 2024d its ‘Mkt Perform’ rating to ‘Mkt Outperform’ for SRAD, as published in its report on September 04, 2024. Jefferies’s report from August 14, 2024 suggests a price prediction of $16 for SRAD shares, giving the stock a ‘Buy’ rating. JP Morgan also rated the stock as ‘Neutral’.
Analysis of Sportradar Group AG (SRAD)
Further, the quarter-over-quarter increase in sales is 20.58%, showing a positive trend in the upcoming months.
Sportradar Group AG’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of 3.92% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.52, 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.
The average volume for any stock is also a very valuable indicator of volatility, and SRAD has an average volume of 940.20K. On a monthly basis, the volatility of the stock is set at 5.62%, whereas on a weekly basis, it is put at 7.76%, with a gain of 13.70% over the past seven days. Furthermore, long-term investors anticipate a median target price of $26.13, showing growth from the present price of $22.83, 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?
Software – Application giant Sportradar Group AG (SRAD) is based in the Switzerland and is one of the largest companies in the market. 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 182.79, there is a growth in quarterly earnings of -104.93%.
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. 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 43.46%. 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 48.13% 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 48.13% at present.