Atlanta Braves (BATRA) Projected to Post Earnings on Wednesday

Atlanta Braves (NASDAQ:BATRA) will likely be announcing its earnings results before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.78) per share and revenue of $48.20 million for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Atlanta Braves Stock Down 1.7 %

Shares of NASDAQ BATRA opened at $43.38 on Monday. The stock has a market cap of $2.68 billion, a P/E ratio of -59.42 and a beta of 0.80. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.12. Atlanta Braves has a 12-month low of $38.90 and a 12-month high of $46.65. The business’s fifty day simple moving average is $41.60 and its 200-day simple moving average is $42.64.

Insider Activity

In other Atlanta Braves news, major shareholder John C. Malone purchased 5,094 shares of the business’s stock in a transaction on Monday, January 27th. The shares were bought at an average cost of $41.94 per share, for a total transaction of $213,642.36. Following the completion of the purchase, the insider now directly owns 169,522 shares in the company, valued at approximately $7,109,752.68. This represents a 3.10 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last three months, insiders have purchased 44,932 shares of company stock worth $1,864,395. Corporate insiders own 4.83% of the company’s stock.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.