Seaport Global analyst David Joyce reiterated a Buy rating on Endeavor Group Holdings Inc (EDR – Research Report) today and set a price target of $29.00. The company’s shares closed yesterday at $24.54.
According to TipRanks, Joyce is a 2-star analyst with an average return of -0.1% and a 51.25% success rate. Joyce covers the Communication Services sector, focusing on stocks such as Netflix, Roku, and Endeavor Group Holdings Inc.
Currently, the analyst consensus on Endeavor Group Holdings Inc is a Strong Buy with an average price target of $30.80, representing a 25.51% upside. In a report released on February 28, Bank of America Securities also maintained a Buy rating on the stock with a $32.00 price target.
See today’s best-performing stocks on TipRanks >>
Based on Endeavor Group Holdings Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.34 billion and a GAAP net loss of $69.21 million. In comparison, last year the company earned a revenue of $1.22 billion and had a GAAP net loss of $10.04 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Endeavor Group Holdings Inc (EDR) Company Description:
Endeavor Group Holdings is a leading sports and entertainment company that owns and operates premium sports properties, including the UFC. It also produces and distributes sports and entertainment content. Further, it owns and manages exclusive live events and experiences.
Read More on EDR:
- Endeavor Group Holdings call volume above normal and directionally bullish
- Silver Lake seen bidding for Endeavor, but not for at least a month, CNBC says
- Endeavor Group reports Q4 EPS (3c), consensus 16c
- EDR Earnings this Week: How Will it Perform?
- Deutsche sees Silver Lake bid for Endeavor Group coming soon
