Ready to Jump After Recent Trade: Genius Sports Limited (GENI)

With 4.15 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.62 million shares. During the session, the Internet Content & Information company that operates in wider Communication Services sector, reached to the highest price of $9.51 whereas the lowest price it dropped to was $9.21. The 52-week range on GENI shows that it touched its highest point at $10.15 and its lowest point at $4.91 during that stretch. It currently has a 1-year price target of $11.08. Beta for the stock currently stands at 2.06.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GENI was up-trending over the past week, with a rise of 5.18%, but this was up by 31.18% over a month. Three-month performance surged to 23.71% while six-month performance rose 78.59%. The stock gained 69.51% in the past year, while it has gained 51.13% so far this year. A look at the trailing 12-month EPS for GENI yields -0.32 with Next year EPS estimates of 0.00. For the next quarter, that number is 0.01. This implies an EPS growth rate of 60.60% for this year and 102.61% for next year.

Float and Shares Shorts:

At present, 209.12 million GENI shares are outstanding with a float of 188.47 million shares on hand for trading. On 2024-10-31, short shares totaled 24.43 million, which was 1158.0 higher than short shares on 1727654400. In addition to Mr. Mark Locke as the firm’s Co-Founder, CEO & Director, Mr. Nicholas Taylor serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 0.84282 of GENI’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GENI reported revenue of $120198000.0 and operating income of -$5624000.0. The EBITDA in the recently reported quarter was -$10961000.0 and diluted EPS was $0.05.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GENI since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GENI analysts setting a high price target of 14.0 and a low target of 7.0, the average target price over the next 12 months is 11.07692. Based on these targets, GENI could surge 49.89% to reach the target high and fall by -25.05% to reach the target low. Reaching the average price target will result in a growth of 18.6% from current levels.

Analysts have provided yearly estimates in a range of -$0.09358125 being high and -$0.19652 being low. For GENI, this leads to a yearly average estimate of -$0.14973. The surprise factor in the prior quarter was -$0.02. Based on analyst estimates, the high estimate for the next quarter is -$0.04 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.04.