At the last check on Monday, Endeavor Group Holdings Inc.’s (NYSE:EDR) stock was down -$0.02, moving down -0.08 percent to $23.76. The average number of shares traded per day over the past five days has been 1,243,720 shares. 3 times new highs have been achieved over the past 5 days, with a $0.09 gain in that time frame. In the last twenty days, the average volume was 1,953,400, while in the previous 50 days, it was 1,759,134.
Since last month, EDR stock rose 2.55%. Shares of the company fell to $22.25 on 07/13/23, the lowest level in the past month. A 52-week high of $26.26 was reached on 04/25/23 after having rallying from a 52-week low of $18.58. Since the beginning of this year, EDR’s stock price has risen by 5.41% or $1.22, and marked a new high 10 times. However, the stock has declined by -9.52% since its 52-week high.
EDR stock investors should be aware that Endeavor Group Holdings Inc. (EDR) stock had its last reported insider trading activity 54 days ago on Jun 12. Emanuel Ariel, the Chief Executive Officer of the company, disposed of 154,495 shares for $22.28 on Jun 12. It resulted in a $3,442,380 divestment by the insider. Emanuel Ariel sold 187,542 shares at an average price of $24.94 on May 05. The insider now owns 1,910,595 shares following the transaction. On May 04, Chief Executive Officer Emanuel Ariel sold 300,000 shares at $24.66 apiece. The transaction was valued at $7,399,380.
Valuation Metrics
The stock’s beta is 0.88. Besides these, the trailing price-to-sales (P/S) ratio of 2.05, the price-to-book (PB) ratio of 3.42, and the price-to-cash flow ratio of 23.69 may also be considered.
Financial Health
In the three months ended March 30, Endeavor Group Holdings Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 2.50, and the total debt-to-equity ratio was 2.54. On the profitability front, the trailing twelve-month gross margin is 61.10% percent. In the year ended March 30, EBITDA margin amounted to 18.26%, whereas operating margins totaled 10.40%. Based on annual data, EDR earned $3.2 billion in gross profit and brought in $5.27 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 24.30%. Return on equity (ROE) for the past 12 months was -9.40%.
In Endeavor Group Holdings Inc.’s quarter-end financial report for March 30, it reported total debt of $5.06 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. EDR’s revenue rose 7.71% to $1.26 billion during the quarter, while net income inched up to $1.6 billion. While analysts expected Endeavor Group Holdings Inc. to report $0.29 quarterly earnings, the actual figure was $0.32 per share, beating the consensus estimate by 10.30%. During the quarter, the company generated $212.02 million in EBITDA. The liabilities of Endeavor Group Holdings Inc. were 9.48 billion at the end of its most recent quarter ended March 30, and its total debt was $5.53 billion. The value of shareholders’ equity is $703.11 million.
Technical Picture
This quick technical analysis looks at Endeavor Group Holdings Inc.’s (EDR) price momentum. With a historical volatility rate of 18.73%, the RSI 9-day stood at 58.33% on 04 August.
With respect to its five-day moving average, the current Endeavor Group Holdings Inc. price is up by +0.38% percent or $0.09. At present, EDR shares trade +2.50% above its 20-day simple moving average and +4.62% percent above its 100-day simple moving average. However, the stock is currently trading approximately +6.17% above its SMA50 and +11.60% above its SMA200.
Stochastic coefficient K was 82.65% and Stochastic coefficient D was 78.03%, while ATR was 0.50. Given the Stochastic reading of 82.96% for the 14-day period, the RSI (14) reading has been calculated as 56.47%. As of today, the MACD Oscillator reading stands at 0.13, while the 14-day reading stands at 0.24.
Analyst Ratings
Guggenheim launched its rating on Endeavor Group Holdings Inc. (NYSE: EDR) to a Buy in a note to investors on May 01, 2023. Endeavor Group Holdings Inc. (EDR) has been rated Buy by analysts. According to 0 brokerage firms, EDR is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Endeavor Group Holdings Inc. stock as buy, with 12 recommending it as overweight.
With a median target price of $33.00, the current consensus forecast for the stock is $28.00 – $34.00. Based on these forecasts, analysts predict Endeavor Group Holdings Inc. (EDR) will achieve an average price target of $31.73.
