Sportradar Group (SRAD) Set to Announce Earnings on Tuesday

Sportradar Group (NASDAQ:SRAD) is scheduled to issue its quarterly earnings data before the market opens on Tuesday, August 13th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Sportradar Group Trading Down 0.8 %

SRAD opened at $11.12 on Monday. Sportradar Group has a one year low of $8.08 and a one year high of $13.00. The firm has a market capitalization of $12.36 billion, a price-to-earnings ratio of 123.56 and a beta of 2.05. The business has a 50 day simple moving average of $10.98 and a two-hundred day simple moving average of $10.53. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.38 and a quick ratio of 1.38.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SRAD shares. Jefferies Financial Group increased their target price on Sportradar Group from $11.00 to $12.00 and gave the stock a “hold” rating in a research note on Friday, May 17th. Needham & Company LLC restated a “buy” rating and set a $16.00 price objective on shares of Sportradar Group in a research note on Thursday, May 16th. JPMorgan Chase & Co. started coverage on shares of Sportradar Group in a report on Tuesday, June 18th. They set a “neutral” rating and a $12.00 price target on the stock. Benchmark restated a “buy” rating and issued a $12.00 price objective on shares of Sportradar Group in a report on Thursday, May 16th. Finally, Morgan Stanley lifted their target price on Sportradar Group from $11.50 to $12.00 and gave the stock an “equal weight” rating in a report on Friday, July 12th. Four research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.86.

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.