HORNBACH Holding AG & Co. KGaA's Intrinsic Value Estimated at €177, €102 Share Price Suggests 43% Undervaluation

HORNBACH Holding AG & Co. KGaA's (ETR:HBH) intrinsic value is estimated to be €177 based on a 2-stage free cash flow to equity model. The current share price of €102 signals a potential undervaluation of 43%. The fair value estimate is 60% higher than the analyst price target of €111.

Sportradar Group AG (NASDAQ: SRAD) has seen a significant boost in analyst ratings following its strong first-quarter performance. The company reported a 14.1% year-over-year revenue growth, reaching $374.25 million and exceeding analyst expectations Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1]. This growth has led several hedge funds and investment firms to increase their stakes in the company.

Acadian Asset Management LLC, for instance, grew its stake by 34.9% during the first quarter, owning approximately 1.46 million shares valued at $31.57 million Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1]. Other notable investors, such as Driehaus Capital Management LLC, T. Rowe Price Investment Management Inc., D. E. Shaw & Co. Inc., Goldman Sachs Group Inc., and Two Sigma Investments LP, also increased their holdings in Sportradar Group during the same period Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1].

In addition to the positive investor sentiment, several analysts have upgraded their ratings for Sportradar Group. UBS Group raised their target price from $29.00 to $39.00 and gave the company a "buy" rating Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1]. Truist Financial also upgraded their target price from $33.00 to $34.00 and gave the company a "buy" rating Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1]. Zacks Research upgraded the stock from a "hold" rating to a "strong-buy" rating Sportradar Group AG $SRAD Shares Purchased by Acadian Asset Management LLC^[1].

Despite the positive analyst sentiment, the stock's current price of $31.24 remains below its 50-day and 200-day simple moving averages, indicating a potential pullback in the near term. However, the company's strong revenue growth and increasing investor interest suggest that it could be a growth stock to watch in 2023.