Shares of Genius Sports Limited (NYSE:GENI – Get Free Report) have been assigned an average recommendation of “Buy” from the ten brokerages that are presently covering the company, MarketBeat.com reports. Ten research analysts have rated the stock with a buy rating. The average 12 month target price among analysts that have issued a report on the stock in the last year is $9.45.
GENI has been the subject of several recent analyst reports. Macquarie lowered their price objective on shares of Genius Sports from $10.00 to $9.00 and set an “outperform” rating for the company in a research note on Thursday, July 18th. Citigroup initiated coverage on shares of Genius Sports in a research note on Thursday, June 13th. They set a “buy” rating and a $9.00 price objective for the company. B. Riley upped their price objective on shares of Genius Sports from $9.00 to $10.00 and gave the company a “buy” rating in a research note on Wednesday, August 7th. The Goldman Sachs Group upped their price objective on shares of Genius Sports from $7.50 to $8.50 and gave the company a “buy” rating in a research note on Thursday, August 8th. Finally, Benchmark reaffirmed a “buy” rating and set a $10.00 price objective on shares of Genius Sports in a research note on Thursday, September 26th.
Check Out Our Latest Report on GENI
Hedge Funds Weigh In On Genius Sports
Genius Sports Stock Performance
NYSE GENI opened at $7.45 on Friday. Genius Sports has a 52-week low of $4.62 and a 52-week high of $8.64. The company has a market capitalization of $1.71 billion, a P/E ratio of -19.10 and a beta of 1.96. The company has a fifty day moving average of $7.39 and a 200-day moving average of $6.15.
Genius Sports (NYSE:GENI – Get Free Report) last posted its quarterly earnings results on Tuesday, August 6th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.06). The business had revenue of $95.50 million during the quarter, compared to the consensus estimate of $94.15 million. Genius Sports had a negative return on equity of 15.30% and a negative net margin of 21.93%. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.05) earnings per share. As a group, analysts forecast that Genius Sports will post -0.2 EPS for the current fiscal year.
Genius Sports Company Profile
Genius Sports Limited engages in the development and sale of technology-led products and services to the sports, sports betting, and sports media industries. It offers technology infrastructure for the collection, integration, and distribution of live data of sports leagues; streaming solutions comprising technology, automatic production, and distribution for sports to commercialize video footage of their games; and end-to-end integrity services to sports leagues, such as full-time active monitoring technology, which uses mathematical algorithms to identify and flag suspicious betting activity in global betting markets, as well as a full suite of online and offline educational and consultancy services.
Read More
- Five stocks we like better than Genius Sports
- Uptrend Stocks Explained: Learn How to Trade Using Uptrends
- 3 Small-Cap Stocks on the Way to Bigger and Better Days
- What is the Australian Securities Exchange (ASX)
- MarketBeat Week in Review – 9/30 – 10/4
- Breakout Stocks: What They Are and How to Identify Them
- Top Streaming Companies: Who’s Winning the Battle?
Receive News & Ratings for Genius Sports Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Genius Sports and related companies with MarketBeat.com's FREE daily email newsletter.