Q1 Earnings Forecast for AENT Issued By Noble Financial

by · The Cerbat Gem

Alliance Entertainment Holding Corporation (NASDAQ:AENT – Free Report) – Research analysts at Noble Financial issued their Q1 2027 EPS estimates for shares of Alliance Entertainment in a research note issued on Friday, September 11th. Noble Financial analyst M. Kupinski expects that the company will post earnings per share of $0.11 for the quarter. The consensus estimate for Alliance Entertainment’s current full-year earnings is $0.53 per share. Noble Financial also issued estimates for Alliance Entertainment’s Q2 2027 earnings at $0.25 EPS, Q3 2027 earnings at $0.10 EPS, Q4 2027 earnings at $0.07 EPS and FY2028 earnings at $0.67 EPS.

Alliance Entertainment (NASDAQ:AENT – Get Free Report) last released its quarterly earnings data on Thursday, September 10th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.01 by $0.12. The company had revenue of $268.10 million during the quarter, compared to analyst estimates of $234.95 million. Alliance Entertainment had a net margin of 1.14% and a return on equity of 20.29%.

Separately, Weiss Ratings upgraded shares of Alliance Entertainment from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $10.00.

Check Out Our Latest Stock Analysis on Alliance Entertainment

Alliance Entertainment Trading Down 10.0%

NASDAQ:AENT opened at $5.78 on Monday. The company has a current ratio of 1.34, a quick ratio of 0.65 and a debt-to-equity ratio of 0.63. The stock has a market capitalization of $294.61 million, a price-to-earnings ratio of 22.23 and a beta of 0.42. The firm has a fifty day simple moving average of $5.64 and a two-hundred day simple moving average of $6.17. Alliance Entertainment has a 12 month low of $4.36 and a 12 month high of $8.80.

Institutional Trading of Alliance Entertainment

Institutional investors and hedge funds have recently modified their holdings of the stock. North Star Investment Management Corp. lifted its holdings in shares of Alliance Entertainment by 102.4% in the first quarter. North Star Investment Management Corp. now owns 168,000 shares of the company’s stock valued at $1,100,000 after purchasing an additional 85,000 shares in the last quarter. Empowered Funds LLC boosted its position in shares of Alliance Entertainment by 9.8% during the first quarter. Empowered Funds LLC now owns 135,837 shares of the company’s stock valued at $890,000 after buying an additional 12,110 shares during the last quarter. Ritholtz Wealth Management grew its holdings in Alliance Entertainment by 26.7% during the first quarter. Ritholtz Wealth Management now owns 96,479 shares of the company’s stock worth $632,000 after buying an additional 20,358 shares in the last quarter. Apollon Wealth Management LLC grew its holdings in Alliance Entertainment by 15.6% during the first quarter. Apollon Wealth Management LLC now owns 36,980 shares of the company’s stock worth $242,000 after buying an additional 5,000 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in Alliance Entertainment during the second quarter worth $101,000. 0.27% of the stock is owned by hedge funds and other institutional investors.

About Alliance Entertainment

(Get Free Report)

Alliance Entertainment Holding Corporation is a distributor and wholesaler of entertainment products. The company supplies physical music, including vinyl records, CDs and other formats; movies and television content; video games and gaming accessories; consumer electronics; toys; collectibles; and related pop-culture merchandise.

Alliance Entertainment primarily serves retailers, e-commerce businesses, specialty stores and other commercial customers. In addition to product distribution, the company provides supply-chain, warehousing, fulfillment and logistics services, including support for direct-to-consumer and online sales channels.

The company operates from the United States and serves customers across domestic and international markets.

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