Atlanta Braves (US:BATRA) ZACKSยท2025-08-13 17:01Core Viewpoint - Atlanta Braves Holdings, Inc. (BATRA) has received an upgrade to a Zacks Rank 2 (Buy) due to an upward trend in earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system is based on changes in earnings estimates, which are closely correlated with near-term stock price movements [4][6]. - Institutional investors often rely on earnings estimates to determine the fair value of a company's shares, leading to stock price fluctuations based on their buying or selling activities [4]. Company Performance Indicators - The recent upgrade indicates an improvement in the underlying business of Atlanta Braves Holdings, which should lead to increased investor interest and a potential rise in stock price [5][10]. - For the fiscal year ending December 2025, the company is expected to earn -$0.27 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 50% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [7][9]. - The upgrade to Zacks Rank 2 places Atlanta Braves Holdings in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [10].