Shares of Endeavor Group Holdings, Inc. (NYSE:EDR – Get Free Report) have been given an average recommendation of “Hold” by the nine brokerages that are currently covering the firm, MarketBeat reports. Eight equities research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $27.86.
Separately, StockNews.com started coverage on Endeavor Group in a report on Saturday, September 28th. They issued a “hold” rating for the company.
Insider Activity at Endeavor Group
Hedge Funds Weigh In On Endeavor Group
Hedge funds have recently bought and sold shares of the business. Bank of Nova Scotia acquired a new position in shares of Endeavor Group during the 4th quarter worth approximately $380,000. Kodai Capital Management LP acquired a new position in shares of Endeavor Group during the 4th quarter worth approximately $24,037,000. Gabelli Funds LLC acquired a new position in shares of Endeavor Group during the 4th quarter worth approximately $758,000. GABELLI & Co INVESTMENT ADVISERS INC. acquired a new position in shares of Endeavor Group during the 4th quarter worth approximately $695,000. Finally, Owl Creek Asset Management L.P. acquired a new position in shares of Endeavor Group during the 4th quarter worth approximately $22,419,000. 71.37% of the stock is owned by institutional investors.
Endeavor Group Trading Down 0.5 %
Shares of EDR opened at $28.99 on Monday. The company has a quick ratio of 0.62, a current ratio of 0.62 and a debt-to-equity ratio of 0.26. Endeavor Group has a 12-month low of $17.65 and a 12-month high of $29.14. The firm has a market capitalization of $20.09 billion, a PE ratio of 52.71 and a beta of 0.78. The stock’s fifty day simple moving average is $27.65 and its 200-day simple moving average is $26.97.
Endeavor Group (NYSE:EDR – Get Free Report) last released its quarterly earnings data on Thursday, August 8th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.06). The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.87 billion. Endeavor Group had a negative net margin of 6.23% and a positive return on equity of 4.45%. As a group, research analysts predict that Endeavor Group will post 1.4 earnings per share for the current year.
Endeavor Group Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Monday, September 16th were given a dividend of $0.06 per share. The ex-dividend date was Monday, September 16th. This represents a $0.24 annualized dividend and a yield of 0.83%. Endeavor Group’s dividend payout ratio (DPR) is presently 43.64%.
Endeavor Group Company Profile
Endeavor Group Holdings, Inc operates as a sports and entertainment company in the United States, the United Kingdom, and internationally. It operates through four segments: Owned Sports Properties; Events, Experiences & Rights; Representation; and Sports Data & Technology. The Owned Sports Properties segment operates a portfolio of sports properties, including Ultimate Fighting Championship, World Wrestling Entertainment, Inc, Professional Bull Rider, and Euroleague.
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