Sportradar Group (SRAD) Expected to Announce Quarterly Earnings on Wednesday

Sportradar Group (NASDAQ:SRAD) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, March 19th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $294.60 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Sportradar Group Price Performance

Shares of SRAD stock opened at $20.08 on Monday. Sportradar Group has a 12-month low of $9.17 and a 12-month high of $22.94. The firm has a market capitalization of $22.32 billion, a price-to-earnings ratio of 100.41, a price-to-earnings-growth ratio of 1.53 and a beta of 2.19. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm has a fifty day moving average of $20.70 and a 200-day moving average of $16.64.

Analyst Ratings Changes

SRAD has been the subject of several research analyst reports. Canaccord Genuity Group boosted their price target on shares of Sportradar Group from $20.00 to $28.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Guggenheim began coverage on shares of Sportradar Group in a research note on Wednesday, February 26th. They issued a “buy” rating and a $27.00 target price for the company. Jefferies Financial Group upped their target price on shares of Sportradar Group from $17.00 to $23.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Citigroup upped their target price on shares of Sportradar Group from $18.00 to $20.00 and gave the stock a “buy” rating in a research note on Thursday, November 21st. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $19.00 target price on shares of Sportradar Group in a research note on Monday, January 27th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $19.67.

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.