(SRAD) Sportradar - Ratings and Ratios

Sportradar Group AG is a leading global provider of sports data and technology services, catering to the sports betting and media industries across the globe, with a presence in multiple regions including Europe, North America, and the Asia Pacific. The companys comprehensive suite of services encompasses betting technology, real-time sports data, and streaming services, as well as integrity and sports performance solutions.

The companys offerings are diverse, including betting and gaming content, pre-match and live odds services, and managed betting and trading services, making it a one-stop-shop for sports betting operators. Additionally, Sportradar provides sports media services, including data, content, and solutions for broadcasters, publishers, and technology companies, further solidifying its position in the sports media landscape.

With a strong foundation in the sports data industry, having been founded in 2001, Sportradar has established itself as a key player, providing critical infrastructure and insights to the sports betting and media sectors. Its headquarters in Sankt Gallen, Switzerland, serves as a hub for its global operations, which are reflected in its listing on the NASDAQ under the ticker symbol SRAD.

Analyzing the technical data, the stock is currently trading at $24.10, slightly above its 20-day SMA of $23.72 and 50-day SMA of $23.05, indicating a positive short-term trend. The 200-day SMA stands at $18.25, suggesting a significant uptrend over the longer term. The ATR of 0.78 (3.22%) indicates moderate volatility. Given the current price is near the 52-week high of $25.04, a cautious approach is warranted, as the stock may be nearing resistance at $30.0.

From a fundamental perspective, Sportradars market capitalization stands at approximately $7.05 billion USD, with a P/E ratio of 125.42 and a forward P/E of 75.19, indicating high expectations for future earnings growth. The Return on Equity (RoE) of 6.40% suggests that the company is generating returns for its shareholders, albeit not exceptionally high.

Forecasting the stocks movement, given its current technical and fundamental data, it is likely that Sportradar will continue to experience a positive trend in the short term, potentially testing the resistance level at $30.0. However, investors should be cautious of the high P/E ratio, which may indicate overvaluation. A more conservative estimate would be a gradual increase towards $26-$28, followed by a potential consolidation phase. A break above $30.0 could signal further upside potential, while a drop below $23.3 (support level) may indicate a reversal in the trend.