The Atlanta Braves are not just a beloved baseball team, but also a publicly traded company. Atlanta Braves Holdings Inc Series C (BATRA) is the stock that represents ownership in the team and its associated assets. If you’re a fan of the Braves or simply interested in investing in sports entertainment, buying BATRA stock could be an exciting opportunity. In this guide, we’ll walk you through the process of buying Atlanta Braves stock step-by-step.
What is Atlanta Braves Stock (BATRA)?
Overview of Atlanta Braves Holdings Inc Series C
Atlanta Braves Holdings Inc Series C is the parent company of the Atlanta Braves Major League Baseball Club. The company, which is a subsidiary of The Liberty Braves Group, owns the team, various assets associated with the team’s stadium, and a mixed-use development project. With 1,240 employees and $646.8 million in revenue over the last 12 months, BATRA is a significant player in the sports entertainment industry.
BATRA shares are traded on the NASDAQ exchange under the ticker symbol BATRK.US. The stock closed at $39.80 recently, down 0.55% from the previous day. Over the last year, the stock has ranged from $33.95 to $50.15, with a 7.8% stock split occurring on May 18, 2016.
BATRA Stock Fundamentals and Performance
As of the latest financial reports, BATRA stock has a market capitalization of $2.59 billion with 61.94 million outstanding shares. The stock’s price-to-book (P/B) ratio stands at 5.4x, higher than the industry average, suggesting that the stock may be overvalued. However, analysts still have a consensus “Strong Buy” rating on the stock.
In terms of financial performance, BATRA reported $646.78 million in revenue and an EBITDA of $19.7 million. The stock’s volatility, measured by its beta of 0.95, is slightly lower than the overall market average of 1. Despite solid fundamentals, BATRA stock has underperformed the broader entertainment industry over the past year.
How to Buy Atlanta Braves (BATRA) Stock
Step 1: Choose a Brokerage Platform
To buy BATRA stock, you’ll need to use a brokerage platform. There are many options available, but we recommend eToro for its user-friendly interface, 0% commission trading, and the ability to buy fractional shares. eToro is a regulated and licensed platform that provides access to a wide range of global markets.
Step 2: Open and Fund Your Account
Once you’ve chosen a brokerage, you’ll need to open an account and fund it. The account opening process typically involves providing personal information and verifying your identity. Most brokerages offer several convenient payment methods to deposit funds, such as bank transfer, credit/debit card, or e-wallet.
Step 3: Research BATRA Stock
Before placing an order, it’s crucial to research BATRA stock to ensure it aligns with your investment goals and risk tolerance. Key factors to consider include:
- Fundamental analysis: Assess the company’s financial health, revenue, earnings, and growth prospects.
- Technical analysis: Examine the stock’s price history, trading volume, and chart patterns.
- Analyst ratings: Review professional analysts’ opinions and price targets for the stock.
Step 4: Place Your BATRA Stock Order
With your account funded and research completed, you’re ready to place your BATRA stock order. The two most common order types are:
- Market order: Buy the stock at the current market price. This ensures your order will be filled, but you may get a slightly different price than quoted.
- Limit order: Set a specific price at which you want to buy the stock. Your order will only be filled if the stock reaches or falls below that price.
Factors to Consider Before Buying BATRA Stock
BATRA stock does not currently pay dividends to shareholders. The company has not announced any plans to start paying dividends in the near future. As such, shareholder returns will primarily come in the form of stock price appreciation if the company performs well and the stock gains value over time.
Risks of Investing in BATRA Stock
As with any stock investment, there are risks to consider when buying BATRA stock:
- Stock volatility: The stock price can fluctuate significantly based on company performance, market conditions, and investor sentiment.
- Market risk: Economic downturns, changes in consumer preferences, or increased competition could negatively impact the company’s business and stock price.
- Company-specific risk: Poor management decisions, legal issues, or other internal factors could harm the company’s financial performance and stock value.
Conclusion
Buying Atlanta Braves stock (BATRA) can be a straightforward process if you follow this step-by-step guide. By choosing a reputable brokerage like eToro, conducting thorough research, and understanding the potential risks and rewards, you can make an informed decision about whether BATRA stock is right for your investment portfolio. Remember to continually monitor your investment and adjust your strategy as needed based on the stock’s performance and your financial goals.
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