HC Wainwright Issues Negative Outlook for SLE Earnings

Super League Enterprise, Inc. (NASDAQ:SLE) – HC Wainwright reduced their Q4 2024 earnings estimates for shares of Super League Enterprise in a research report issued to clients and investors on Wednesday, November 20th. HC Wainwright analyst S. Buck now expects that the company will post earnings of ($0.25) per share for the quarter, down from their previous forecast of ($0.05). HC Wainwright has a “Buy” rating and a $2.00 price objective on the stock. The consensus estimate for Super League Enterprise’s current full-year earnings is ($1.30) per share. HC Wainwright also issued estimates for Super League Enterprise’s FY2025 earnings at ($1.15) EPS.

Separately, Maxim Group decreased their target price on shares of Super League Enterprise from $4.00 to $3.00 and set a “buy” rating on the stock in a research report on Monday, October 14th.

Super League Enterprise Stock Performance

SLE opened at $0.55 on Monday. The business’s 50 day moving average price is $0.84 and its 200 day moving average price is $1.02. The stock has a market capitalization of $7.16 million, a PE ratio of -0.10 and a beta of 1.87. Super League Enterprise has a one year low of $0.50 and a one year high of $2.84.

Institutional Investors Weigh In On Super League Enterprise

A hedge fund recently bought a new stake in Super League Enterprise stock. Murchinson Ltd. bought a new position in shares of Super League Enterprise, Inc. (NASDAQ:SLE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned 3.84% of Super League Enterprise as of its most recent filing with the Securities and Exchange Commission (SEC). 2.06% of the stock is owned by institutional investors and hedge funds.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.