Sportradar Group (SRAD) Projected to Post 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 Sportradar Group to post earnings of $0.04 per share and revenue of $294.60 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Sportradar Group Trading Up 1.4 %

SRAD opened at $20.36 on Tuesday. The firm’s 50 day moving average is $20.75 and its 200-day moving average is $16.70. Sportradar Group has a 52-week low of $9.17 and a 52-week high of $22.94. 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 market capitalization of $22.63 billion, a P/E ratio of 101.81, a P/E/G ratio of 1.53 and a beta of 2.19.

Analyst Ratings Changes

Several equities research analysts recently issued reports on SRAD shares. Jefferies Financial Group lifted their price target 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. Guggenheim initiated coverage on Sportradar Group in a research note on Wednesday, February 26th. They issued a “buy” rating and a $27.00 price target on the stock. Citigroup increased their price target on Sportradar Group from $18.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Canaccord Genuity Group lifted their price objective on Sportradar Group from $20.00 to $28.00 and gave the stock a “buy” rating in a report on Tuesday, February 18th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $19.00 target price on shares of Sportradar Group in a research report 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’s stock. According to data from MarketBeat.com, Sportradar Group has a consensus rating of “Moderate Buy” and an average price target 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.