Endeavor Group Holdings, Inc. (NYSE:EDR) Receives Average Recommendation of “Hold” from Brokerages

Endeavor Group Holdings, Inc. (NYSE:EDR – Get Free Report) has received a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target [...]

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Endeavor Group Holdings, Inc. ( NYSE:EDR – Get Free Report ) has received a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports.

Eight equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $27.86.



Separately, StockNews.com started coverage on Endeavor Group in a research note on Saturday. They issued a “hold” rating for the company.

View Our Latest Analysis on EDR Insider Buying and Selling at Endeavor Group Institutional Investors Weigh In On Endeavor Group Large investors have recently added to or reduced their stakes in the company. Bank of Nova Scotia bought a new stake in Endeavor Group in the fourth quarter worth $380,000. Kodai Capital Management LP bought a new position in Endeavor Group during the 4th quarter worth approximately $24,037,000.

Gabelli Funds LLC purchased a new position in Endeavor Group in the 4th quarter worth approximately $758,000. GABELLI & Co INVESTMENT ADVISERS INC. bought a new stake in Endeavor Group in the fourth quarter valued at approximately $695,000.

Finally, Owl Creek Asset Management L.P. purchased a new stake in shares of Endeavor Group during the fourth quarter valued at approximately $22,419,000.

Hedge funds and other institutional investors own 71.37% of the company’s stock. Endeavor Group Stock Performance NYSE EDR opened at $28.

55 on Monday. The company has a market cap of $19.78 billion, a P/E ratio of 51.

91 and a beta of 0.77. The company has a fifty day simple moving average of $27.

54 and a 200 day simple moving average of $26.89. The company has a current ratio of 0.

62, a quick 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 $28.62.

Endeavor Group ( NYSE:EDR – Get Free Report ) last posted its earnings results on Thursday, August 8th. The company reported $0.40 earnings per share for the quarter, missing analysts’ consensus estimates of $0.

46 by ($0.06). Endeavor Group had a positive return on equity of 4.

45% and a negative net margin of 6.23%. The business had revenue of $1.

75 billion during the quarter, compared to analyst estimates of $1.87 billion. Sell-side analysts predict that Endeavor Group will post 1.

4 earnings per share for the current fiscal year. Endeavor Group Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be paid a $0.

06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.

84%. The ex-dividend date of this dividend is Monday, September 16th. Endeavor Group’s payout ratio is 43.

64%. About Endeavor Group ( Get Free Report 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. See Also Receive News & Ratings for Endeavor Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Endeavor Group and related companies with MarketBeat.com's FREE daily email newsletter .

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