Sportradar Group Scoring with Big Money

SRAD offers sports betting and entertainment products and services. The Switzerland-based company licenses data from sports leagues around the world, packaging the data into betting products and sports content for customers. Its customers include major gaming enterprises and media companies, with both signing long-term deals for sports content and AI-driven personalization. SRAD also recently acquired IMG ARENA’s sports rights portfolio.

Sportradar Group’s fourth-quarter earnings for fiscal 2024 showed a 26% jump in revenue, to €1,107 million for the year, with a profit of €34 million. Adjusted EBITDA rose by 33% to €222 million, which exceeded expectations. SRAD’s growth in the U.S. market, which represents 24% of total revenue, underscores further expansion potential, as does the company’s announcement of $200 million in further share repurchases.

It’s no wonder SRAD shares are up more than 32% in a year – and they could rise more. MAPsignals data shows how Big Money investors are betting heavily on the forward picture of the stock.

Big Money Buys Sportradar Group

Institutional volumes reveal plenty. SRAD has enjoyed strong investor demand of late, which we believe to be institutional support.

Each green bar signals unusually large volumes in SRAD shares. They reflect our proprietary inflow signal, pushing the stock higher:

Plenty of discretionary names are under accumulation right now. But there’s a powerful fundamental story happening with Sportradar Group.

Sportradar Group Fundamental Analysis

Institutional support and a healthy fundamental backdrop make this company worth investigating. As you can see, SRAD has had strong sales and earnings growth:

• 3-year sales growth rate (+21.8%)
• 3-year earnings growth rate (+65.4%)

Source: FactSet

Also, EPS is estimated to ramp higher this year by +56.7%.

Now it makes sense why the stock has been powering to new heights. SRAD is building a track record of strong financial performance.

Marrying great fundamentals with our proprietary software has found some big winning stocks over the long term.

Sportradar Group has been a top-rated stock at MAPsignals. That means the stock has unusual buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

It’s made the rare Top 20 multiple times in the last year. The blue bars below show when SRAD was a top pick…making shares pop:

Tracking unusual volumes reveals the power of money flows.

This is a trait that most outlier stocks exhibit…the best of the best. Big Money demand drives stocks upward.

Sportradar Group Price Prediction

The SRAD rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no position in SRAD at the time of publication.

If you are a Registered Investment Advisor (RIA) or are a serious investor, take your investing to the next level, learn more about the MAPsignals process here.