Atlanta Braves (BATRA) Expected to Announce Quarterly Earnings on Wednesday

Atlanta Braves (NASDAQ:BATRA) is projected to issue its quarterly earnings data 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. Parties that wish to listen to the company’s conference call can do so using this link.

Atlanta Braves Stock Performance

Shares of Atlanta Braves stock opened at $43.38 on Tuesday. Atlanta Braves has a one year low of $38.90 and a one year high of $46.65. The company has a market cap of $2.68 billion, a PE ratio of -59.42 and a beta of 0.80. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.70 and a current ratio of 0.70. The business has a 50-day simple moving average of $41.60 and a 200-day simple moving average of $42.64.

Insider Transactions at Atlanta Braves

In other Atlanta Braves news, major shareholder John C. Malone purchased 5,094 shares of the stock in a transaction that occurred on Monday, January 27th. The stock was purchased at an average cost of $41.94 per share, with a total value of $213,642.36. Following the completion of the acquisition, the insider now directly owns 169,522 shares of the company’s stock, valued at $7,109,752.68. This trade represents a 3.10 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders purchased 44,932 shares of company stock valued at $1,864,395. 4.83% of the stock is currently owned by corporate insiders.

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.