Sportradar Group (SRAD) Scheduled to Post Earnings on Thursday

Sportradar Group (NASDAQ:SRAD) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect Sportradar Group to post earnings of $0.02 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Sportradar Group Stock Up 0.7 %

Shares of NASDAQ:SRAD opened at $12.40 on Wednesday. The business has a 50-day moving average price of $12.14 and a 200 day moving average price of $11.18. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $13.78 billion, a price-to-earnings ratio of 137.79, a PEG ratio of 15.71 and a beta of 2.05. Sportradar Group has a 12-month low of $9.17 and a 12-month high of $13.20.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Morgan Stanley raised their price objective on Sportradar Group from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. raised Sportradar Group from a “neutral” rating to an “overweight” rating and lifted their target price for the company from $12.00 to $15.00 in a research report on Monday, October 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $16.00 target price on shares of Sportradar Group in a research report on Wednesday, August 14th. Benchmark lifted their price objective on Sportradar Group from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, October 10th. Finally, Jefferies Financial Group upgraded Sportradar Group from a “hold” rating to a “buy” rating and lifted their price objective for the company from $12.00 to $16.00 in a research note on Wednesday, August 14th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Sportradar Group currently has an average rating of “Moderate Buy” and a consensus target price of $15.38.

Sportradar Group Company Profile

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.