BATRK Stock Recent News

After losing some value lately, a hammer chart pattern has been formed for Atlanta Braves Holdings (BATRK), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

The Liberty Braves Group (BATRA) Q4 2023 Earnings Call Transcript

The Liberty Braves Group (NASDAQ:BATRA ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants Shane Kleinstein - Vice President, Investor Relations Gregory Maffei - President and Chief Executive Officer Stefano Domenicali - President and Chief Executive Officer of Formula One Brian Wendling - Chief Accounting and Principal Financial Officer Renee Wilm - Chief Legal and Admin Officer, Liberty Broadband Derek Schiller - President and CEO of the Atlanta Braves Conference Call Participants David Karnovsky - JPMorgan Benjamin Swinburne - Morgan Stanley Bryan Kraft - Deutsche Bank Vijay Jayant - Evercore Stephen Laszczyk - Goldman Sachs Stephen Glagola - TD Cowen David Joyce - Seaport Research Partners Jason Bazinet - Citi Barton Crockett - Rosenblatt Securities Operator Welcome to the Liberty Media Corporation's 2023 Q3 Earnings Call. [Operator Instructions] As a reminder, this conference will be recorded November 3.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--Liberty Media Corporation Announces Second Quarter Earnings Release and Conference Call and Website Postings of Upcoming Media Appearances.

# Boyar Value Group President Jonathan Boyar spoke with Yahoo Finance Live anchors Julie Hyman and Brad Smith about why he likes small cap sports franchises such as the Liberty Braves and Madison Square Garden Sports.

The Atlanta Braves represent a unique and scarce asset with significant brand value, offering potential for market-beating returns upon a sale of the team. Recent sales of sports teams suggest the Braves could be worth between 6-9x revenue, offering upside potential for investors. Risks include chronic stagnation of the share price in the absence of a sale and potential negative impacts from exogenous events, such as COVID-19.

Liberty Media is set to split-off MLB team Atlanta Braves into an asset-backed stock. The split-off will open the door for a potential sale of the franchise.

The average of price targets set by Wall Street analysts indicates a potential upside of 36% in Liberty Media Corporation (BATRK). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.