A new trading day began on Monday, with Endeavor Group Holdings Inc (NYSE: EDR) stock price down -0.30% from the previous day of trading, before settling in for the closing price of $26.50. EDR’s price has ranged from $17.65 to $26.63 over the past 52 weeks.
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During the last 5-year period, the sales growth of Communication Services Sector giant was 13.09%. Meanwhile, its annual earnings per share averaged 15.84%. 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) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. 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) Earnings and Forecasts
In its latest quarterly report, released on 12/31/2023, the company reported earnings of $0.06 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 15.84% per share during the next fiscal year.
Endeavor Group Holdings Inc (NYSE: EDR) Trading Performance Indicators
Here are Endeavor Group Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.01. 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 50.83.
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 4.6 million, which is a jump from its year-to-date volume of 4.39 million. As of the previous 9 days, the stock’s Stochastic %D was 54.62%. Additionally, its Average True Range was 0.30.
During the past 100 days, Endeavor Group Holdings Inc’s (EDR) raw stochastic average was set at 94.74%, which indicates a significant increase from 72.73% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 7.70% in the past 14 days, which was lower than the 27.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.15, while its 200-day Moving Average is $23.54. However, in the short run, Endeavor Group Holdings Inc’s stock first resistance to watch stands at $26.51. Second resistance stands at $26.59. The third major resistance level sits at $26.65. If the price goes on to break the first support level at $26.37, it is likely to go to the next support level at $26.31. Should the price break the second support level, the third support level stands at $26.23.
Endeavor Group Holdings Inc (NYSE: EDR) Key Stats
With a market capitalization of 7.93 billion, the company has a total of 692,476K Shares Outstanding. Currently, annual sales are 5,960 M while annual income is 356,520 K. The company’s previous quarter sales were 1,583 M while its latest quarter income was 14,520 K.
