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NASDAQ:AENT

Alliance Entertainment (AENT) Stock Price, News & Analysis

$2.30
-0.03 (-1.29%)
(As of 05/29/2024 ET)
Today's Range
$2.18
$2.32
50-Day Range
$1.67
$2.75
52-Week Range
$0.65
$4.10
Volume
4,116 shs
Average Volume
25,510 shs
Market Capitalization
$117.14 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$6.00

Alliance Entertainment MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
160.9% Upside
$6.00 Price Target
Short Interest
Healthy
1.25% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.10mentions of Alliance Entertainment in the last 14 days
Based on 8 Articles This Week
Insider Trading
Acquiring Shares
$7,819 Bought Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.18 out of 5 stars

Consumer Discretionary Sector

191st out of 273 stocks

Durable Goods, Not Elsewhere Classified Industry

2nd out of 2 stocks

AENT stock logo

About Alliance Entertainment Stock (NASDAQ:AENT)

Alliance Entertainment Holding Corporation operates as a wholesaler, distributor, and e-commerce provider for the entertainment industry worldwide. It offers vinyl records, video games, digital video discs, blu-rays, toys, compact discs, collectibles, and other entertainment and consumer products. The company also provides third party logistics products and services. It distributes its physical media, entertainment products, hardware, and accessories through multi-channel strategy. The company was founded in 1990 and is headquartered in Plantation, Florida.

AENT Stock Price History

AENT Stock News Headlines

Alliance Entertainment Announces Key Officer Promotions
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/29/2024
Fiscal Year End
6/30/2024

Industry, Sector and Symbol

Industry
Durable goods, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:AENT
Fax
N/A
Employees
761
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+160.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-35,400,000.00
Pretax Margin
0.16%

Debt

Sales & Book Value

Annual Sales
$1.16 billion
Book Value
$1.67 per share

Miscellaneous

Free Float
40,898,000
Market Cap
$117.14 million
Optionable
Not Optionable
Beta
0.31
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AENT Stock Analysis - Frequently Asked Questions

Should I buy or sell Alliance Entertainment stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Alliance Entertainment in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" AENT shares.
View AENT analyst ratings
or view top-rated stocks.

What is Alliance Entertainment's stock price target for 2024?

1 Wall Street analysts have issued 12-month price objectives for Alliance Entertainment's stock. Their AENT share price targets range from $6.00 to $6.00. On average, they predict the company's stock price to reach $6.00 in the next twelve months. This suggests a possible upside of 160.9% from the stock's current price.
View analysts price targets for AENT
or view top-rated stocks among Wall Street analysts.

How have AENT shares performed in 2024?

Alliance Entertainment's stock was trading at $0.9282 at the beginning of the year. Since then, AENT shares have increased by 147.8% and is now trading at $2.30.
View the best growth stocks for 2024 here
.

Are investors shorting Alliance Entertainment?

Alliance Entertainment saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 42,800 shares, an increase of 79.1% from the April 30th total of 23,900 shares. Based on an average daily trading volume, of 20,000 shares, the short-interest ratio is currently 2.1 days. Currently, 1.3% of the company's stock are short sold.
View Alliance Entertainment's Short Interest
.

How were Alliance Entertainment's earnings last quarter?

Alliance Entertainment Holding Co. (NASDAQ:AENT) announced its quarterly earnings data on Thursday, May, 9th. The company reported ($0.07) EPS for the quarter. The business earned $211.21 million during the quarter. Alliance Entertainment had a negative trailing twelve-month return on equity of 3.08% and a negative net margin of 0.23%.

When did Alliance Entertainment IPO?

Alliance Entertainment (AENT) raised $5 million in an initial public offering (IPO) on Friday, June 30th 2023. The company issued 1,700,000 shares at $3.00 per share. ThinkEquity acted as the underwriter for the IPO.

How do I buy shares of Alliance Entertainment?

Shares of AENT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:AENT) was last updated on 5/30/2024 by MarketBeat.com Staff

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