Expert Outlook: Genius Sports Through The Eyes Of 6 Analysts
6 analysts have shared their evaluations of Genius Sports (NYSE:GENI) during the recent three months, expressing a mix of bullish and bearish perspectives.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 2 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 0 | 0 | 0 |
| 2M Ago | 2 | 1 | 0 | 0 | 0 |
| 3M Ago | 1 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Genius Sports, presenting an average target of $8.92, a high estimate of $10.00, and a low estimate of $7.50. A decline of 0.89% from the prior average price target is evident in the current average.
Deciphering Analyst Ratings: An In-Depth Analysis
The standing of Genius Sports among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jason Bazinet | Citigroup | Announces | Buy | $9.00 | - |
| Bernie McTernan | Needham | Maintains | Buy | $9.00 | $9.00 |
| Jordan Bender | JMP Securities | Raises | Market Outperform | $9.00 | $8.00 |
| Ben Miller | Goldman Sachs | Announces | Buy | $7.50 | - |
| David Bain | B. Riley Securities | Announces | Buy | $9.00 | - |
| Jed Kelly | Oppenheimer | Maintains | Outperform | $10.00 | $10.00 |
Key Insights:
- Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Genius Sports. This offers insight into analysts' perspectives on the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Genius Sports compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Genius Sports's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Genius Sports's market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.
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Unveiling the Story Behind Genius Sports
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.
Key Indicators: Genius Sports's Financial Health
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: Over the 3 months period, Genius Sports showcased positive performance, achieving a revenue growth rate of 23.13% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Genius Sports's net margin is below industry averages, indicating potential challenges in maintaining strong profitability. With a net margin of -21.33%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Genius Sports's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -4.55%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Genius Sports's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -3.36%, the company may face hurdles in achieving optimal financial performance.
Debt Management: Genius Sports's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.02.
Analyst Ratings: Simplified
Experts in banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their comprehensive research involves attending company conference calls and meetings, analyzing financial statements, and engaging with insiders to generate what are known as analyst ratings for stocks. Typically, analysts assess and rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.