Endeavor Group (NYSE:EDR) Coverage Initiated by Analysts at StockNews.com

Stock analysts at StockNews.com initiated coverage on shares of Endeavor Group (NYSE:EDRGet Free Report) in a research note issued to investors on Sunday. The brokerage set a “hold” rating on the stock.

Other research analysts have also recently issued reports about the stock. Seaport Res Ptn cut shares of Endeavor Group from a “buy” rating to a “neutral” rating in a report on Tuesday, April 2nd. JPMorgan Chase & Co. restated a “neutral” rating and issued a $27.50 price target (down from $30.00) on shares of Endeavor Group in a report on Friday, April 5th. Guggenheim restated a “neutral” rating and issued a $27.50 price target (down from $36.00) on shares of Endeavor Group in a report on Wednesday, April 3rd. TD Cowen upped their price target on shares of Endeavor Group from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, March 25th. Finally, Evercore ISI restated an “in-line” rating and issued a $27.50 price target (down from $28.00) on shares of Endeavor Group in a report on Wednesday, April 3rd. Eight analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Endeavor Group has an average rating of “Hold” and an average target price of $29.30.

Get Our Latest Research Report on Endeavor Group

Endeavor Group Trading Up 0.2 %

Shares of EDR opened at $26.50 on Friday. Endeavor Group has a twelve month low of $17.65 and a twelve month high of $26.63. The company has a market cap of $18.35 billion, a P/E ratio of 25.48, a P/E/G ratio of 1.92 and a beta of 0.82. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 0.43. The company’s fifty day simple moving average is $25.14 and its 200-day simple moving average is $23.87.

Endeavor Group (NYSE:EDRGet Free Report) last announced its earnings results on Wednesday, February 28th. The company reported $0.07 earnings per share for the quarter, meeting the consensus estimate of $0.07. Endeavor Group had a net margin of 5.98% and a return on equity of 1.05%. The business had revenue of $1.58 billion for the quarter, compared to the consensus estimate of $1.55 billion. As a group, analysts expect that Endeavor Group will post 1.27 EPS for the current year.

Insiders Place Their Bets

In other Endeavor Group news, CFO Jason Lublin sold 46,419 shares of the stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.08, for a total transaction of $1,117,769.52. Following the transaction, the chief financial officer now directly owns 112,457 shares in the company, valued at approximately $2,707,964.56. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, CAO Seth D. Krauss sold 17,950 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.08, for a total value of $432,236.00. Following the sale, the chief accounting officer now directly owns 62,055 shares in the company, valued at approximately $1,494,284.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Jason Lublin sold 46,419 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The shares were sold at an average price of $24.08, for a total transaction of $1,117,769.52. Following the completion of the sale, the chief financial officer now owns 112,457 shares in the company, valued at $2,707,964.56. The disclosure for this sale can be found here. Insiders have sold a total of 197,465 shares of company stock worth $4,847,868 in the last three months. Corporate insiders own 82.08% of the company’s stock.

Institutional Trading of Endeavor Group

Institutional investors have recently modified their holdings of the company. Mirador Capital Partners LP raised its position in shares of Endeavor Group by 9.6% in the 1st quarter. Mirador Capital Partners LP now owns 22,125 shares of the company’s stock valued at $569,000 after purchasing an additional 1,941 shares during the last quarter. Harbour Capital Advisors LLC purchased a new position in shares of Endeavor Group in the 1st quarter valued at approximately $267,000. Renaissance Capital LLC raised its position in shares of Endeavor Group by 3.0% in the 1st quarter. Renaissance Capital LLC now owns 103,926 shares of the company’s stock valued at $2,674,000 after purchasing an additional 3,019 shares during the last quarter. Kapitalo Investimentos Ltda raised its position in shares of Endeavor Group by 193.7% in the 4th quarter. Kapitalo Investimentos Ltda now owns 13,135 shares of the company’s stock valued at $312,000 after purchasing an additional 8,662 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of Endeavor Group by 14.2% in the 4th quarter. PNC Financial Services Group Inc. now owns 3,200 shares of the company’s stock valued at $76,000 after purchasing an additional 399 shares during the last quarter. 71.37% of the stock is currently owned by institutional investors.

Endeavor Group Company Profile

(Get Free Report)

Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.

Read More

Analyst Recommendations for Endeavor Group (NYSE:EDR)

Receive News & Ratings for Endeavor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavor Group and related companies with MarketBeat.com's FREE daily email newsletter.