With 0.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.64 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $17.425 whereas the lowest price it dropped to was $17.08. The 52-week range on SRAD shows that it touched its highest point at $18.05 and its lowest point at $9.17 during that stretch. It currently has a 1-year price target of $17.22. Beta for the stock currently stands at 2.19.
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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 SRAD was down-trending over the past week, with a drop of -2.09%, but this was up by 34.09% over a month. Three-month performance surged to 47.29% while six-month performance rose 70.62%. The stock gained 69.60% in the past year, while it has gained 55.02% so far this year. A look at the trailing 12-month EPS for SRAD yields 0.21 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.04. This implies an EPS growth rate of 36.64% for this year and 65.31% for next year. EPS is expected to grow by 48.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 44.32%.
Float and Shares Shorts:
At present, 207.56 million SRAD shares are outstanding with a float of 153.62 million shares on hand for trading. On 2024-11-15, short shares totaled 5.0 million, which was 168.0 higher than short shares on 1728950400. In addition to Mr. Carsten Koerl as the firm’s Founder, CEO & Director, Mr. Craig I. Felenstein serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 0.82098 of SRAD’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, SRAD reported revenue of $255172000.0 and operating income of $38342000.0. The EBITDA in the recently reported quarter was $88780000.0 and diluted EPS was $0.11.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SRAD since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 SRAD analysts setting a high price target of 19.066 and a low target of 11.186, the average target price over the next 12 months is 16.40875. Based on these targets, SRAD could surge 11.3% to reach the target high and fall by -34.7% to reach the target low. Reaching the average price target will result in a decline of -4.21% from current levels.
Analysts have provided yearly estimates in a range of $0.19728 being high and $0.13451 being low. For SRAD, this leads to a yearly average estimate of $0.14348. The surprise factor in the prior quarter was $0.05. 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.
