The trading price of Genius Sports Limited (NYSE:GENI) floating higher at last check on current market day and closing at $8.51, 2.28% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $10.33 and a 52-week low of $4.91. Over the past month, the stock has lost -3.62% in value.
Genius Sports Limited, whose market valuation is $2.10 billion at the time of this writing, is expected to release its quarterly earnings report in April. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.04 per share this quarter, however they have predicted annual earnings per share of 0.06 for current year and 0.22 for next year.
Analysts have forecast the company to bring in revenue of 145.5M for the current quarter, with the likely lows of 139.8M and highs of 151.4M. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue is 601.04M.
On the technical side, indicators suggest GENI has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 50% Buy.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned GENI a recommendation rating is 5. Out of them, 0 rate it a Hold, while 5 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged Genius Sports Limited (GENI) as Underweight, while 0 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
A quick review shows that GENI’s price is currently -6.53% off the SMA20 and -4.60% off the SMA50. The RSI metric on the 14-day chart is currently showing 43.29, and weekly volatility stands at 5.39%. When measured over the past 30 days, the indicator reaches 4.29%. Genius Sports Limited (NYSE:GENI)’s beta value is currently sitting at 2.15, while the Average True Range indicator is currently displaying 0.42. With analysts defining $7-$9 as the low and high price targets, we arrive at a consensus price target of $7.5 for the trailing 12-month period. The current price is about 17.74% off the estimated low and -5.76% off the forecast high, based on this estimate. Investors will be thrilled if GENI’s share price rises to $7.5, which is the median consensus price. At that level, GENI’s share price would be 11.87% above current price.
To see how Genius Sports Limited stock has been performing today in comparison to its peers in the industry, here are the numbers: GENI stock’s performance was 2.28% at last check in today’s session, and 19.69% in the past year.
An evaluation of the daily trading volume of Genius Sports Limited (NYSE:GENI) indicates that the 3-month average is 2.24 million.
Currently, records show that 211.14 million of the company’s shares remain outstanding. The insiders hold 9.90% of outstanding shares, whereas institutions hold 80.31%. However, since the stock’s price has seen -1.62% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
