Sportradar Group (SRAD) to Release Quarterly Earnings on Thursday

Sportradar Group (NASDAQ:SRAD) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.02 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Sportradar Group Stock Performance

Shares of NASDAQ SRAD opened at $12.70 on Thursday. The stock has a market cap of $14.12 billion, a price-to-earnings ratio of 141.96, a P/E/G ratio of 15.51 and a beta of 2.06. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.05. Sportradar Group has a 1-year low of $8.08 and a 1-year high of $13.20. The stock’s 50-day moving average is $12.06 and its 200 day moving average is $11.10.

Wall Street Analysts Forecast Growth

SRAD has been the topic of a number of research reports. Jefferies Financial Group raised Sportradar Group from a “hold” rating to a “buy” rating and raised their price objective for the company from $12.00 to $16.00 in a report on Wednesday, August 14th. Benchmark raised their price objective on Sportradar Group from $12.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Needham & Company LLC reissued a “buy” rating and set a $16.00 price objective on shares of Sportradar Group in a report on Wednesday, August 14th. Canaccord Genuity Group reissued a “buy” rating and set a $16.00 price objective on shares of Sportradar Group in a report on Wednesday, August 14th. Finally, JMP Securities raised Sportradar Group from a “market perform” rating to an “outperform” rating and set a $16.00 price target on the stock in a research note on Wednesday, September 4th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.38.

About Sportradar Group

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.