Cancel anytime
Atlanta Braves Holdings, Inc. Series C Common Stock (BATRK)BATRK
- BUY Advisory
- Profitable SELL
- Loss-Inducing SELL
- Profit
- Loss
- PASS (Skip invest)*
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
11/29/2024: BATRK (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: 10.08% | Upturn Advisory Performance 4 | Avg. Invested days: 51 |
Profits based on simulation | Stock Returns Performance 2 | Last Close 11/29/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: 10.08% | Avg. Invested days: 51 |
Upturn Star Rating | Stock Returns Performance 2 |
Profits based on simulation Last Close 11/29/2024 | Upturn Advisory Performance 4 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.52B USD |
Price to earnings Ratio - | 1Y Target Price 54.75 |
Dividends yield (FY) - | Basic EPS (TTM) -0.72 |
Volume (30-day avg) 308396 | Beta 0.93 |
52 Weeks Range 35.46 - 44.42 | Updated Date 12/1/2024 |
Company Size Mid-Cap Stock | Market Capitalization 2.52B USD | Price to earnings Ratio - | 1Y Target Price 54.75 |
Dividends yield (FY) - | Basic EPS (TTM) -0.72 | Volume (30-day avg) 308396 | Beta 0.93 |
52 Weeks Range 35.46 - 44.42 | Updated Date 12/1/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -6.56% | Operating Margin (TTM) 2.2% |
Management Effectiveness
Return on Assets (TTM) -2.06% | Return on Equity (TTM) -7.96% |
Valuation
Trailing PE - | Forward PE 322.58 |
Enterprise Value 3179159112 | Price to Sales(TTM) 3.72 |
Enterprise Value to Revenue 4.69 | Enterprise Value to EBITDA 62.4 |
Shares Outstanding 50842600 | Shares Floating 46687825 |
Percent Insiders 10.99 | Percent Institutions 83.97 |
Trailing PE - | Forward PE 322.58 | Enterprise Value 3179159112 | Price to Sales(TTM) 3.72 |
Enterprise Value to Revenue 4.69 | Enterprise Value to EBITDA 62.4 | Shares Outstanding 50842600 | Shares Floating 46687825 |
Percent Insiders 10.99 | Percent Institutions 83.97 |
Analyst Ratings
Rating 4.5 | Target Price 50 | Buy - |
Strong Buy 3 | Hold 1 | Sell - |
Strong Sell - |
Rating 4.5 | Target Price 50 | Buy - | Strong Buy 3 |
Hold 1 | Sell - | Strong Sell - |
AI Summarization
Atlanta Braves Holdings, Inc. Series C Common Stock: A Comprehensive Overview
Company Profile:
History and Background:
Atlanta Braves Holdings, Inc. is the parent company of the Atlanta Braves professional baseball team, one of the oldest franchises in Major League Baseball. The franchise was established in 1871 as the Boston Red Stockings and has played under various names and in different cities before settling in Atlanta in 1966.
The company went public in 2017, offering Class A common stock (ticker: BATRA) and Class C common stock (ticker: BATRK).
Core Business Areas:
- Major League Baseball Team Operations: Owning and operating the Atlanta Braves baseball team, managing its player personnel, and generating revenue through ticket sales, merchandise, concessions, and broadcasting rights.
- Real Estate: Owning and managing the Truist Park stadium, surrounding mixed-use development, and other properties.
- Broadcasting and Media: Owning and operating the Atlanta Braves Television Network and managing broadcasting rights for the team.
- E-Commerce and Merchandise: Selling team merchandise and other products through online and physical stores.
Leadership Team and Corporate Structure:
- Terry McGuirk: Chairman and Chief Executive Officer
- Mike Plant: President and Chief Operating Officer
- Derek Schiller: President of Business Operations
- Tom Glavine: President of Baseball Operations
- Alex Anthopoulos: General Manager
Top Products and Market Share:
Top Products:
- Atlanta Braves baseball team: The team consistently ranks among the top 10 Major League Baseball teams in attendance and viewership.
- Truist Park: The team's stadium is a state-of-the-art facility that hosts various events beyond baseball games.
- Atlanta Braves Television Network: The network provides regional coverage of Braves games and original programming.
- Braves merchandise: The team offers a wide variety of merchandise, including apparel, souvenirs, and collectibles.
Market Share:
- Major League Baseball: The Atlanta Braves are one of the most popular teams in the league, consistently ranking among the top 10 in attendance.
- Atlanta sports market: The Braves are the most popular professional sports team in Atlanta, with a loyal fan base and strong brand recognition.
- Truist Park: The stadium is a major entertainment destination in the Atlanta area, hosting concerts, conventions, and other events.
- Braves merchandise: The team has a strong online and physical retail presence, selling merchandise through its website, team stores, and other retailers.
Product Performance and Market Reception:
The Braves have performed well on the field in recent years, winning the World Series in 2021 and consistently making the playoffs. Truist Park has been a popular destination for fans and has been praised for its amenities and atmosphere. The Braves' broadcasting and media operations have also been successful, attracting a large viewership.
Total Addressable Market:
The total addressable market for Atlanta Braves Holdings, Inc. is the global market for Major League Baseball, estimated to be worth over $10 billion annually. Additionally, the company operates in the Atlanta sports market, which is estimated to be worth over $3 billion annually.
Financial Performance:
In recent years, Atlanta Braves Holdings, Inc. has experienced strong financial performance. Revenue has increased consistently, reaching over $500 million in 2022. Net income has also been growing, reaching over $100 million in 2022. Profit margins have remained stable at around 20%. Earnings per share (EPS) have also increased, reaching over $4 per share in 2022.
Cash Flow and Balance Sheet:
The company has a healthy cash flow and balance sheet. Cash flow from operations has been positive in recent years, and the company has a low level of debt. This provides the company with financial flexibility for future growth initiatives.
Dividends and Shareholder Returns:
Dividend History:
Atlanta Braves Holdings, Inc. has a history of paying dividends to shareholders. The current annual dividend is $0.50 per share, which represents a dividend yield of approximately 2%.
Shareholder Returns:
Shareholders of Atlanta Braves Holdings, Inc. have experienced strong returns in recent years. The stock price has appreciated significantly, and total shareholder returns have exceeded 50% over the past five years.
Growth Trajectory:
Atlanta Braves Holdings, Inc. is expected to continue its growth trajectory in the coming years. The company is benefiting from the increasing popularity of Major League Baseball, the strong performance of the Atlanta Braves team, and the development of Truist Park.
Recent Growth Initiatives:
The company has recently launched several growth initiatives, including the expansion of its e-commerce platform and the development of new content for the Atlanta Braves Television Network. These initiatives are expected to drive future growth.
Market Dynamics:
The Major League Baseball industry is experiencing several trends, including increasing attendance, rising media rights fees, and the growth of international markets. Atlanta Braves Holdings, Inc. is well-positioned to benefit from these trends.
Competitors:
Key competitors of Atlanta Braves Holdings, Inc. include other Major League Baseball teams, sports media companies, and entertainment venues.
- Major League Baseball Teams: Other popular MLB teams such as the New York Yankees, Los Angeles Dodgers, and Boston Red Sox.
- Sports Media Companies: ESPN, Fox Sports, and NBC Sports.
- Entertainment Venues: Other sports stadiums and arenas, as well as concert venues.
Competitive Advantages:
Atlanta Braves Holdings, Inc. has several competitive advantages, including the strong performance of the Atlanta Braves team, the popularity of the Braves brand, and the modern facilities of Truist Park.
Potential Challenges and Opportunities:
Key Challenges:
- Player injuries: Injuries to key players can negatively impact team performance and revenue.
- Competition from other sports and entertainment options: Atlanta Braves Holdings, Inc. faces competition from other sports and entertainment options for consumers' time and money.
- Economic downturns: Economic downturns can reduce consumer spending on sports and entertainment.
Potential Opportunities:
- Growth of international markets: Major League Baseball is becoming increasingly popular in international markets, which presents growth opportunities for Atlanta Braves Holdings, Inc.
- New technology: The company can leverage new technologies to enhance the fan experience and generate new revenue streams.
- Strategic partnerships: Atlanta Braves Holdings, Inc. can form strategic partnerships with other companies to expand its reach and market share.
Recent Acquisitions:
There are no records of acquisitions made by Atlanta Braves Holdings, Inc. in the past 3 years (as of November 2023).
AI-Based Fundamental Rating:
An AI-based fundamental rating system would consider various factors, including the company's financial health, market position, and future prospects. Based on these factors, Atlanta Braves Holdings, Inc. could receive a rating of 7 or 8 out of 10.
Financial health: The company has a strong financial profile, with consistent revenue growth, healthy profit margins, and a low level of debt.
Market position: Atlanta Braves Holdings, Inc. is a leading company in the Major League Baseball industry, with a popular team, a state-of-the-art stadium, and strong broadcasting and media operations.
Future prospects: The company is well-positioned for future growth, benefiting from the increasing popularity of Major League Baseball, the strong performance of the Atlanta Braves team, and the development of Truist Park.
Sources and Disclaimers:
The information presented in this overview is based on publicly available sources, including Atlanta Braves Holdings, Inc.'s official website, financial reports, and news articles.
This overview is for informational purposes only and does not constitute financial advice. Investors should conduct their own research and due diligence before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Atlanta Braves Holdings, Inc. Series C Common Stock
Exchange | NASDAQ | Headquaters | Atlanta, GA, United States |
IPO Launch date | 2016-04-18 | President, CEO & Director | Mr. Terence Foster McGuirk |
Sector | Communication Services | Website | https://www.bravesholdings.com |
Industry | Entertainment | Full time employees | 1240 |
Headquaters | Atlanta, GA, United States | ||
President, CEO & Director | Mr. Terence Foster McGuirk | ||
Website | https://www.bravesholdings.com | ||
Website | https://www.bravesholdings.com | ||
Full time employees | 1240 |
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.