Sportradar Group (SRAD) Scheduled to Post Earnings on Thursday

Sportradar Group (NASDAQ:SRAD) will release its earnings data before the market opens on Thursday, November 7th. Analysts expect Sportradar Group to post earnings of $0.02 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Sportradar Group Price Performance

Shares of Sportradar Group stock opened at $12.31 on Tuesday. Sportradar Group has a twelve month low of $9.17 and a twelve month high of $13.20. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.05. The company has a 50-day simple moving average of $12.12 and a two-hundred day simple moving average of $11.17. The stock has a market capitalization of $13.68 billion, a price-to-earnings ratio of 136.79, a price-to-earnings-growth ratio of 15.71 and a beta of 2.05.

Analyst Ratings Changes

Several brokerages have weighed in on SRAD. Jefferies Financial Group upgraded shares of Sportradar Group from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $12.00 to $16.00 in a research note on Wednesday, August 14th. JMP Securities upgraded shares of Sportradar Group from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research report on Wednesday, September 4th. Benchmark boosted their target price on shares of Sportradar Group from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, October 10th. JPMorgan Chase & Co. upgraded shares of Sportradar Group from a “neutral” rating to an “overweight” rating and boosted their target price for the company from $12.00 to $15.00 in a research report on Monday, October 21st. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $16.00 target price on shares of Sportradar Group in a research report on Wednesday, August 14th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target 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.