Let’s look at the key reasons that are pushing Endeavor Group Holdings Inc (EDR) to new highs

Endeavor Group Holdings Inc (NYSE: EDR) on Monday, plunged -0.11% from the previous trading day, before settling in for the closing price of $26.41. Within the past 52 weeks, EDR’s price has moved between $17.65 and $26.63.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

During the last 5-year period, the sales growth of Communication Services Sector giant was 13.09%. The company achieved an average annual earnings per share of 11.42%. With a float of $192.66 million, this company’s outstanding shares have now reached $298.70 million.

Let’s determine the extent of company efficiency that accounts for 10000 employees.

Endeavor Group Holdings Inc (EDR) Breakdown of a Key Holders of the stock

Observing investor behavior towards Entertainment industry stocks is more important than anything else. The insider ownership of Endeavor Group Holdings Inc is 35.85%, while institutional ownership is 66.00%. The most recent insider transaction that took place on Apr 09 ’24, was worth 146,240,760. In this transaction 10% Owner of this company bought 1,642,970 shares at a rate of $89.01, taking the stock ownership to the 1,642,970 shares. Before that another transaction happened on Apr 09 ’24, when Company’s Chief Financial Officer sold 20,832 for $26.52, making the entire transaction worth $552,515. This insider now owns 130,187 shares in total.

Endeavor Group Holdings Inc (EDR) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 11.42% per share during the next fiscal year.

Endeavor Group Holdings Inc (NYSE: EDR) Trading Performance Indicators

Endeavor Group Holdings Inc (EDR) is currently performing well based on its current performance indicators. A quick ratio of 1.01 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.33. Likewise, its price to free cash flow for the trailing twelve months is 50.75.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.25 in the next quarter and is forecasted to reach 1.25 in one year’s time.

Technical Analysis of Endeavor Group Holdings Inc (EDR)

Looking closely at Endeavor Group Holdings Inc (NYSE: EDR), its last 5-days average volume was 4.44 million, which is a jump from its year-to-date volume of 4.37 million. As of the previous 9 days, the stock’s Stochastic %D was 79.56%. Additionally, its Average True Range was 0.37.

During the past 100 days, Endeavor Group Holdings Inc’s (EDR) raw stochastic average was set at 93.73%, which indicates a significant increase from 83.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.89% in the past 14 days, which was lower than the 27.57% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $24.95, while its 200-day Moving Average is $23.47. However, in the short run, Endeavor Group Holdings Inc’s stock first resistance to watch stands at $26.47. Second resistance stands at $26.55. The third major resistance level sits at $26.60. If the price goes on to break the first support level at $26.34, it is likely to go to the next support level at $26.29. Now, if the price goes above the second support level, the third support stands at $26.21.

Endeavor Group Holdings Inc (NYSE: EDR) Key Stats

Market capitalization of the company is 7.92 billion based on 692,476K outstanding shares. Right now, sales total 5,960 M and income totals 356,520 K. The company made 1,583 M in profit during its latest quarter, and 14,520 K in sales during its previous quarter.