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Analysts at StockNews.com are now covering Endeavor Group (NYSE:EDR).

Roberto Liccardo by Roberto Liccardo
March 18, 2023
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On Thursday, investors were notified via email that equity analysts at StockNews.com had begun covering Endeavor Group.

The letter was attached to an announcement that was posted on the website. Customers were encouraged to “buy” the company’s shares on the recommendation of the business.

The opening price of a single share on the NYSE: EDR on Thursday was $22.95, as reported by the exchange.

The stock’s price has reached $22.08 on its moving average over the past 50 days, while its price has reached $21.82 on its moving average over the past 200 days.

The company has a price-to-earnings ratio of 46.84, a price-to-growth ratio of 0.77, and a beta value of 0.86 for its stock.

These three ratios measure the value of the stock relative to future earnings growth.

The market capitalization of the company’s shares is $16.09 billion.

The price of an individual share of Endeavor Group can range anywhere from $17.42 to $31.32 over a single calendar year.

The debt-to-equity ratio is calculated to be 1.66, the quick ratio is calculated to be 1.05, and the current ratio is also calculated to be 1.05, respectively.
On February 23, the company’s Chief Financial Officer, Jason Lublin, sold 12,562 shares of the company’s stock.

This piece of news is relevant to this topic.

A total of $278,876.40 shares were transacted at an average price of $22.20 per share, leading to a sale volume of 278,876.40 dollars. Following the completion of the sale, the chief financial officer will have a direct ownership stake in 23,693 shares of the company’s stock, which will have a value of $525,984.60 at the time of the next business day.

The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.

The documentation was provided to the SEC.

The company’s Chief Financial Officer, Jason Lublin, sold 12,562 shares of company stock on February 23.

This piece of information is relevant to this topic.

A total of $278,876.40 shares were transacted at an average price of $22.20 per share, leading to a sale volume of 278,876.40 dollars. Following the completion of the sale, the chief financial officer will have a direct ownership stake in 23,693 shares of the company’s stock, which will have a value of $525,984.60 at the time of the next business day.

The Securities and Exchange Commission was given legal documentation about the transaction, which can be viewed by following the link in the previous sentence.

The documentation was provided to the SEC.

Another company insider, Seth D. Krauss, sold a total of 2,452 shares of the company’s stock on the trading day that was January 3.

The total amount obtained from the sale of the shares was $53,551.68, and the price prospective purchasers were willing to pay on average was $21.84.

There are currently 31,057 shares owned directly by employees and other company insiders.

The aggregate worth of all of these shares comes to 678,284.88 dollars.

Disclosures related to the sale might be found in this website section. Over the past three months, company insiders have offloaded 49,231 shares of company stock, resulting in a gain of $1,084,302.84 for the business. 67% of the company’s shares are owned by employees already employed.

Several institutional investors have recently changed the allocation of EDRs that they currently hold in their portfolios. Raymond James & Associates increased the percentage of ownership it held in Endeavor Group by 20.9% over the first three months of the year. Raymond James & Associates now has a total of 52,291 shares of the company after purchasing an additional 9,034 shares during the most recent quarter.

The value of Raymond James & Associates’ 52,291 shares is currently $1,544,000.

During the first three months of 2018, BlackRock INC increased the number of Endeavor Group shares that it owned by a percentage that was 2,528.7% higher.

BlackRock INC now owns 22,423 shares of the company, which have a value of $663,000, following the purchase of an additional 21,570 shares during the most recent quarter.

Dimensional Fund Advisors LP invested approximately 475 thousand dollars in Endeavor Group during the first three months of the year to increase the firm’s holdings.

During the first three months of 2018, Vanguard Group INC increased the percentage of Endeavor Group shares it owned by 0.7%.

After purchasing an additional 70,123 shares during the most recent quarter, Vanguard Group INC now has 10,031,273 shares of the company’s stock, giving it a market value of $296,123,000.

These shares were acquired, bringing the total number of shares owned by the company to 10,031,273.

And finally, during the first three months of this year, Clearbridge Investments LLC purchased an additional 10.3 percent of Endeavor Group’s shares, bringing the total number of shares it owns to 103.

After acquiring 233,683 additional shares of the company’s stock during the most recent fiscal quarter, Clearbridge Investments LLC now holds 2,512,064 shares in its portfolio.

These shares have a value of $74,156,000, and institutional investors such as hedge funds and other types of institutional investors hold a collective 36.31% of the company’s shares.

The businesses that provide entertainment, sports, and content for Endeavor Group Holdings, INC serve a variety of countries, including the United States of America, the United Kingdom, and others.

The three distinct facets of its business that it focuses on are owned sports.

Tags: EDR, Analyst Rating
Roberto Liccardo

Roberto Liccardo

Financial and marketing expert at Entrepreneur.com, covering finance, sales and marketing strategies. Proudly wearing 15 years of direct and managerial experience in intensive Digital Marketing and Financial Analytics.

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The Best Stocks, its managers, its employees, affiliates and assigns (collectively “The Company”) do not make any guarantee or warranty about the advice provided on this website or what is otherwise advertised above.

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