Atlanta Braves (BATRA) and Its Competitors Critical Analysis

Atlanta Braves (NASDAQ:BATRA) is one of 184 publicly-traded companies in the “Entertainment” industry, but how does it contrast to its competitors? We will compare Atlanta Braves to similar companies based on the strength of its dividends, institutional ownership, analyst recommendations, profitability, earnings, valuation and risk.

Insider and Institutional Ownership

12.3% of Atlanta Braves shares are owned by institutional investors. Comparatively, 36.3% of shares of all “Entertainment” companies are owned by institutional investors. 5.4% of Atlanta Braves shares are owned by insiders. Comparatively, 24.0% of shares of all “Entertainment” companies are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Risk and Volatility

Atlanta Braves has a beta of 0.64, suggesting that its share price is 36% less volatile than the S&P 500. Comparatively, Atlanta Braves’ competitors have a beta of 1.00, suggesting that their average share price is 0% less volatile than the S&P 500.

Analyst Recommendations

This is a summary of current ratings and recommmendations for Atlanta Braves and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atlanta Braves	1	1	0	0	1.50
Atlanta Braves Competitors	1877	4511	9625	255	2.51

As a group, “Entertainment” companies have a potential upside of 18.62%. Given Atlanta Braves’ competitors stronger consensus rating and higher probable upside, analysts plainly believe Atlanta Braves has less favorable growth aspects than its competitors.

Valuation & Earnings

This table compares Atlanta Braves and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Atlanta Braves	$732.49 million	-$23.37 million	-54.88
Atlanta Braves Competitors	$4.10 billion	$73.91 million	9.15

Atlanta Braves’ competitors have higher revenue and earnings than Atlanta Braves. Atlanta Braves is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Atlanta Braves and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Atlanta Braves	-11.06%	-11.28%	-3.57%
Atlanta Braves Competitors	11.05%	-24.32%	-2.17%

Summary

Atlanta Braves competitors beat Atlanta Braves on 11 of the 12 factors compared.

About Atlanta Braves

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.