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

Super League Enterprise, Inc. (NASDAQ:SLE) – Taglich Brothers increased their Q1 2024 earnings per share (EPS) estimates for Super League Enterprise in a research note issued to investors on Monday, April 15th. Taglich Brothers analyst H. Halpern now expects that the company will earn ($0.96) per share for the quarter, up from their prior estimate 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 reissued a “buy” rating and issued a $3.00 target price on shares of Super League Enterprise in a report on Thursday, March 28th.

Super League Enterprise Stock Performance

SLE stock opened at $1.46 on Thursday. Super League Enterprise has a fifty-two week low of $0.98 and a fifty-two week high of $14.00. The business’s 50-day moving average is $2.09 and its two-hundred day moving average is $1.79. The company has a market cap of $8.73 million, a price-to-earnings ratio of -0.12 and a beta of 1.93.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SLE. Two Sigma Securities LLC bought a new position in shares of Super League Enterprise in the second quarter worth about $30,000. Vanguard Group Inc. purchased a new stake in shares of Super League Enterprise during the third quarter worth about $36,000. State Street Corp grew its position in shares of Super League Enterprise by 9.3% during the first quarter. State Street Corp now owns 96,662 shares of the company’s stock worth $182,000 after purchasing an additional 8,198 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Super League Enterprise by 7.1% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 147,500 shares of the company’s stock worth $277,000 after purchasing an additional 9,760 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in shares of Super League Enterprise by 23.3% during the first quarter. Renaissance Technologies LLC now owns 277,780 shares of the company’s stock worth $522,000 after purchasing an additional 52,576 shares in the last quarter. Institutional investors own 2.06% of the company’s stock.

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.