Endeavor Group Holdings Inc (EDR) recent activity suggests a positive outlook with the last week’s performance of -0.69%

Endeavor Group Holdings Inc (NYSE: EDR) kicked off on Tuesday, up 0.15% from the previous trading day, before settling in for the closing price of $27.14. Over the past 52 weeks, EDR has traded in a range of $17.65-$27.62.

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A company in the Communication Services sector has jumped its sales by 13.09% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 18.39%. With a float of $180.99 million, this company’s outstanding shares have now reached $298.70 million.

In an organization with 10000 employees, it is important to assess its efficiency.

Endeavor Group Holdings Inc (EDR) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Entertainment Industry. The insider ownership of Endeavor Group Holdings Inc is 40.16%, while institutional ownership is 70.27%. The most recent insider transaction that took place on Jul 29 ’24, was worth 568,505. Before that another transaction happened on Jul 29 ’24, when Company’s Chief Financial Officer sold 20,832 for $27.28, making the entire transaction worth $568,297. This insider now owns 130,187 shares in total.

Endeavor Group Holdings Inc (EDR) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.2 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.39% per share during the next fiscal year.

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

Take a look at Endeavor Group Holdings Inc’s (EDR) current performance indicators. Last quarter, stock had 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 0.55 in the next quarter and is forecasted to reach 1.73 in one year’s time.

Technical Analysis of Endeavor Group Holdings Inc (EDR)

Let’s dig in a bit further. During the last 5-days, its volume was 2.57 million. That was inferior than the volume of 3.7 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.06%. Additionally, its Average True Range was 0.17.

During the past 100 days, Endeavor Group Holdings Inc’s (EDR) raw stochastic average was set at 86.29%, which indicates a significant increase from 25.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.04% in the past 14 days, which was lower than the 9.32% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.07, while its 200-day Moving Average is $25.21. However, in the short run, Endeavor Group Holdings Inc’s stock first resistance to watch stands at $27.27. Second resistance stands at $27.36. The third major resistance level sits at $27.41. If the price goes on to break the first support level at $27.13, it is likely to go to the next support level at $27.08. The third support level lies at $26.99 if the price breaches the second support level.

Endeavor Group Holdings Inc (NYSE: EDR) Key Stats

The company with the Market Capitalisation of 8.22 billion has total of 692,868K Shares Outstanding. Its annual sales at the moment are 5,960 M in contrast with the sum of 356,520 K annual income. Company’s last quarter sales were recorded 1,850 M and last quarter income was -137,340 K.