Sportradar Group (SRAD) to Release Quarterly Earnings on Thursday

Sportradar Group (NASDAQ:SRAD) is set to announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Sportradar Group Stock Down 0.6 %

SRAD stock opened at $12.70 on Thursday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.54 and a current ratio of 1.54. The company has a market capitalization of $14.12 billion, a price-to-earnings ratio of 141.96, a PEG ratio of 15.51 and a beta of 2.06. Sportradar Group has a fifty-two week low of $8.08 and a fifty-two week high of $13.20. The stock has a fifty day moving average of $12.06 and a 200-day moving average of $11.10.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on SRAD shares. Jefferies Financial Group upgraded Sportradar Group from a “hold” rating to a “buy” rating and increased their price target for the stock from $12.00 to $16.00 in a research note on Wednesday, August 14th. Benchmark raised their target price on Sportradar Group from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, October 10th. Morgan Stanley raised their target price on Sportradar Group from $12.00 to $13.00 and gave the stock an “equal weight” rating in a research note on Tuesday, October 22nd. JMP Securities upgraded Sportradar Group from a “market perform” rating to an “outperform” rating and set a $16.00 target price for the company in a research note on Wednesday, September 4th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $16.00 target price on shares of Sportradar Group in a research note on Wednesday, August 14th. One equities 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, the company presently has a consensus 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.