Profile
Sector:
Communication ServicesIndustry:
EntertainmentCountry:
United StatesIPO:
18 April 2016Website:
http://www.bravesholdings.comNext earnings report:
06 November 2024Last dividends:
N/ANext dividends:
N/APrice
regular market | 11 min agoDividend
Analysts recommendations
Institutional Ownership
BATRK Latest News
Atlanta Braves Holdings (BATRK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Atlanta Braves' early playoff exit should have limited financial impact, with a slight revenue dip but continued strong fan engagement and ticket sales. The Braves' postseason appearance and high season ticket renewal rates indicate robust fan support and potential revenue growth for 2025. Voting shares (BATRA) are less liquid and offer minimal voting power compared to non-voting shares (BATRK), making BATRK a better investment.
Here is how Atlanta Braves Holdings (BATRK) and Federal Signal (FSS) have performed compared to their sector so far this year.
Atlanta Braves Holdings (BATRK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
The average of price targets set by Wall Street analysts indicates a potential upside of 26.3% in Atlanta Braves Holdings (BATRK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Atlanta Braves (BATRK) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
After losing some value lately, a hammer chart pattern has been formed for Atlanta Braves Holdings (BATRK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
The Atlanta Braves represent a unique and scarce asset with significant brand value, offering potential for market-beating returns upon a sale of the team. Recent sales of sports teams suggest the Braves could be worth between 6-9x revenue, offering upside potential for investors. Risks include chronic stagnation of the share price in the absence of a sale and potential negative impacts from exogenous events, such as COVID-19.
What type of business is Liberty Braves?
Atlanta Braves Holdings, Inc., through its subsidiary, Braves Holdings, LLC, owns and operates the Atlanta Braves Major League Baseball Club. It also owns the mixed-use real estate development, the Battery Atlanta, as well as operates the Atlanta Braves Major League Baseball Club's stadium, Truist Park. The company was incorporated in 2022 and is headquartered in Atlanta, Georgia.
What sector is Liberty Braves in?
Liberty Braves is in the Communication Services sector
What industry is Liberty Braves in?
Liberty Braves is in the Entertainment industry
What country is Liberty Braves from?
Liberty Braves is headquartered in United States
When did Liberty Braves go public?
Liberty Braves initial public offering (IPO) was on 18 April 2016
What is Liberty Braves website?
https://www.bravesholdings.com
Is Liberty Braves in the S&P 500?
No, Liberty Braves is not included in the S&P 500 index
Is Liberty Braves in the NASDAQ 100?
No, Liberty Braves is not included in the NASDAQ 100 index
Is Liberty Braves in the Dow Jones?
No, Liberty Braves is not included in the Dow Jones index
When was Liberty Braves the previous earnings report?
No data
When does Liberty Braves earnings report?
The next expected earnings date for Liberty Braves is 06 November 2024