Atlanta Braves (BATRA) versus Its Rivals Head to Head Review

Atlanta Braves (NASDAQ:BATRA) is one of 185 publicly-traded companies in the “Entertainment” industry, but how does it weigh in compared to its peers? We will compare Atlanta Braves to similar companies based on the strength of its institutional ownership, profitability, earnings, risk, dividends, valuation and analyst recommendations.

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’ peers have a beta of 1.00, suggesting that their average share price is 0% more volatile than the S&P 500.

Valuation and Earnings

This table compares Atlanta Braves and its peers top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Atlanta Braves	$732.49 million	-$23.37 million	-43.26
Atlanta Braves Competitors	$5.14 billion	$67.29 million	2.82

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

Profitability

This table compares Atlanta Braves and its peers’ 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	9.71%	-32.22%	-3.02%

Institutional and Insider Ownership

12.3% of Atlanta Braves shares are owned by institutional investors. Comparatively, 36.0% of shares of all “Entertainment” companies are owned by institutional investors. 5.4% of Atlanta Braves shares are owned by company insiders. Comparatively, 24.5% of shares of all “Entertainment” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Analyst Ratings

This is a summary of current ratings and price targets for Atlanta Braves and its peers, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atlanta Braves	2	0	0	0	1.00
Atlanta Braves Competitors	1894	4556	9685	257	2.51

As a group, “Entertainment” companies have a potential upside of 14.69%. Given Atlanta Braves’ peers stronger consensus rating and higher possible upside, analysts clearly believe Atlanta Braves has less favorable growth aspects than its peers.

Summary

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

About Atlanta Braves

Atlanta Braves Holdings, Inc. operates the Atlanta Braves, a Major League Baseball franchise, along with related sports and entertainment businesses. Its activities include the team’s baseball operations, ticket sales, sponsorships, broadcasting and other commercial offerings connected to the club. The company also operates Truist Park, the Braves’ home stadium in Cobb County, Georgia, and The Battery Atlanta, a nearby mixed-use destination with restaurants, shops, offices, residences and entertainment venues.