Endeavor Group Holdings Inc (EDR) is gearing up for another turning point as it hit the volume of 1.68 million

On Tuesday, Endeavor Group Holdings Inc (NYSE: EDR) was -0.04% drop from the session before settling in for the closing price of $27.04. A 52-week range for EDR has been $17.65 – $27.06.

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

Over the past five-year period, the growth rate of yearbook sales for the company of the Communication Services sector was 13.09%. When this article was written, the company’s average yearly earnings per share was at 12.27%. With a float of $180.91 million, this company’s outstanding shares have now reached $298.70 million.

Considering the fact that the conglomerate employs 10000 people, you should pay attention to its efficiency factor.

Endeavor Group Holdings Inc (EDR) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Endeavor Group Holdings Inc stocks. The insider ownership of Endeavor Group Holdings Inc is 40.19%, while institutional ownership is 63.02%. The most recent insider transaction that took place on Jun 05 ’24, was worth 559,754. In this transaction Chief Financial Officer of this company sold 20,832 shares at a rate of $26.87, taking the stock ownership to the 130,187 shares. Before that another transaction happened on May 14 ’24, when Company’s Chief Financial Officer sold 20,832 for $26.51, making the entire transaction worth $552,331. This insider now owns 130,187 shares in total.

Endeavor Group Holdings Inc (EDR) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 12.27% per share during the next fiscal year.

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

You can see what Endeavor Group Holdings Inc (EDR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.94. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.32.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.64, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 1.42 in one year’s time.

Technical Analysis of Endeavor Group Holdings Inc (EDR)

Compared to the last year’s volume of 3.89 million, its volume of 3.03 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.68%. Additionally, its Average True Range was 0.12.

During the past 100 days, Endeavor Group Holdings Inc’s (EDR) raw stochastic average was set at 98.48%, which indicates a significant increase from 87.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 4.12% in the past 14 days, which was lower than the 16.99% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $26.70, while its 200-day Moving Average is $24.35. Nevertheless, the first resistance level for the watch stands at $27.08 in the near term. At $27.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.17. If the price goes on to break the first support level at $26.99, it is likely to go to the next support level at $26.95. Should the price break the second support level, the third support level stands at $26.90.

Endeavor Group Holdings Inc (NYSE: EDR) Key Stats

There are 692,868K outstanding shares of the company, which has a market capitalization of 8.18 billion. As of now, sales total 5,960 M while income totals 356,520 K. Its latest quarter income was 1,850 M while its last quarter net income were -137,340 K.