Sportradar Group (SRAD) Projected to Post Earnings on Wednesday

Sportradar Group (NASDAQ:SRAD) is anticipated to release its 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. Individual that wish to register for the company’s earnings conference call can do so using this link.

Sportradar Group Stock Performance

Shares of SRAD stock opened at $20.13 on Wednesday. The stock has a market capitalization of $22.37 billion, a PE ratio of 100.66, a price-to-earnings-growth ratio of 1.53 and a beta of 2.19. Sportradar Group has a 52-week low of $9.17 and a 52-week high of $22.94. The stock’s 50-day moving average price is $20.50 and its 200 day moving average price is $16.41. The company has a quick ratio of 1.53, a current ratio of 1.53 and a debt-to-equity ratio of 0.04.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. JMP Securities restated a “market outperform” rating and issued a $19.00 price target on shares of Sportradar Group in a research report on Monday, January 27th. Guggenheim assumed coverage on Sportradar Group in a research report on Wednesday, February 26th. They issued a “buy” rating and a $27.00 price target on the stock. Canaccord Genuity Group boosted their price target on Sportradar Group from $20.00 to $28.00 and gave the company a “buy” rating in a research report on Tuesday, February 18th. Citigroup raised their price objective on shares of Sportradar Group from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, November 21st. Finally, Jefferies Financial Group boosted their target price on Sportradar Group from $17.00 to $23.00 and gave the stock a “buy” rating in a research report on Wednesday, January 15th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.67.

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.