Genius Sports Limited (NYSE:GENI – Get Free Report) was the recipient of unusually large options trading on Friday. Investors acquired 16,462 call options on the company. This is an increase of approximately 1,108% compared to the average volume of 1,363 call options.
Analyst Upgrades and Downgrades
GENI has been the topic of a number of research reports. Benchmark restated a “buy” rating and issued a $10.00 price target on shares of Genius Sports in a report on Tuesday, September 10th. B. Riley increased their target price on Genius Sports from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, August 7th. Needham & Company LLC reiterated a “buy” rating and issued a $9.00 target price on shares of Genius Sports in a research note on Tuesday, August 6th. Citigroup assumed coverage on shares of Genius Sports in a research report on Thursday, June 13th. They set a “buy” rating and a $9.00 price target for the company. Finally, The Goldman Sachs Group increased their target price on Genius Sports from $7.50 to $8.50 and gave the stock a “buy” rating in a research report on Thursday, August 8th. Ten investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, Genius Sports has a consensus rating of “Buy” and a consensus target price of $9.45.
Check Out Our Latest Report on GENI
Institutional Inflows and Outflows
Genius Sports Trading Down 1.3 %
Shares of GENI stock traded down $0.10 on Friday, hitting $7.77. The stock had a trading volume of 608,354 shares, compared to its average volume of 2,280,732. Genius Sports has a twelve month low of $4.62 and a twelve month high of $8.15. The firm has a market cap of $1.78 billion, a P/E ratio of -20.18 and a beta of 1.96. The company has a fifty day moving average price of $7.00 and a two-hundred day moving average price of $6.02.
Genius Sports (NYSE:GENI – Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.06). The business had revenue of $95.50 million for the quarter, compared to analyst estimates of $94.15 million. Genius Sports had a negative return on equity of 15.30% and a negative net margin of 21.93%. The company’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.05) earnings per share. On average, analysts expect that Genius Sports will post -0.2 earnings per share for the current 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.
Recommended Stories
- Five stocks we like better than Genius Sports
- Insider Buying Explained: What Investors Need to Know
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- Why Invest in High-Yield Dividend Stocks?
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- Insider Trading – What You Need to Know
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
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.