Taglich Brothers Brokers Boost Earnings Estimates for Super League Enterprise, Inc. (NASDAQ:SLE)

Super League Enterprise, Inc. (NASDAQ:SLE) – Equities research analysts at Taglich Brothers raised their Q1 2024 earnings estimates for shares of Super League Enterprise in a report released on Monday, April 15th. Taglich Brothers analyst H. Halpern now forecasts that the company will post earnings of ($0.96) per share for the quarter, up from their previous forecast of ($1.01). The consensus estimate for Super League Enterprise’s current full-year earnings is ($3.14) per share. Taglich Brothers also issued estimates for Super League Enterprise’s Q2 2024 earnings at ($0.73) EPS, Q3 2024 earnings at ($0.47) EPS, Q4 2024 earnings at ($0.15) EPS, FY2024 earnings at ($2.26) EPS and FY2025 earnings at ($1.19) EPS.

Separately, HC Wainwright restated a “buy” rating and set a $3.00 price objective on shares of Super League Enterprise in a research note on Thursday, March 28th.

Super League Enterprise Price Performance

Shares of NASDAQ:SLE opened at $1.46 on Thursday. The stock has a market capitalization of $8.73 million, a PE ratio of -0.12 and a beta of 1.93. The company’s 50-day moving average price is $2.09 and its two-hundred day moving average price is $1.79. Super League Enterprise has a one year low of $0.98 and a one year high of $14.00.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of SLE. Vanguard Group Inc. grew its stake in Super League Enterprise by 25.3% in the 3rd quarter. Vanguard Group Inc. now owns 1,232,790 shares of the company’s stock valued at $832,000 after buying an additional 249,240 shares during the last quarter. Renaissance Technologies LLC grew its stake in Super League Enterprise by 23.3% in the 1st quarter. Renaissance Technologies LLC now owns 277,780 shares of the company’s stock valued at $522,000 after buying an additional 52,576 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in Super League Enterprise by 7.1% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 147,500 shares of the company’s stock valued at $277,000 after buying an additional 9,760 shares during the last quarter. State Street Corp boosted its holdings in Super League Enterprise by 9.3% in the 1st quarter. State Street Corp now owns 96,662 shares of the company’s stock valued at $182,000 after purchasing an additional 8,198 shares during the period. Finally, Two Sigma Securities LLC bought a new stake in Super League Enterprise in the 2nd quarter valued at about $30,000. 2.06% of the stock is currently owned by institutional investors and hedge funds.

About Super League Enterprise

Super League Enterprise, Inc builds and operates networks of games, monetization tools, and content channels across metaverse gaming platforms that empower developers, energize players, and entertain fans. The company's solutions provide access to an audience consisting of players in the metaverse environments, fans of various gaming influencers, and viewers of gameplay content across social media and digital video platforms.