Q1 Earnings Estimate for AENT Issued By Noble Financial

Alliance Entertainment Holding Corporation (NASDAQ:AENT) – Investment analysts at Noble Financial issued their Q1 2027 EPS estimates for Alliance Entertainment in a report released on Friday, September 11th. Noble Financial analyst M. Kupinski expects that the company will earn $0.11 per share 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) last posted its earnings results 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 analysts’ expectations of $234.95 million. Alliance Entertainment had a net margin of 1.14% and a return on equity of 20.29%.

Separately, Weiss Ratings raised 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $10.00.

Alliance Entertainment Stock Down 11.4%

Shares of AENT stock opened at $5.12 on Monday. The company’s fifty day simple moving average is $5.63 and its two-hundred day simple moving average is $6.17. Alliance Entertainment has a 52 week low of $4.36 and a 52 week high of $8.80. The stock has a market cap of $260.97 million, a P/E ratio of 19.69 and a beta of 0.42. The company has a quick ratio of 0.65, a current ratio of 1.34 and a debt-to-equity ratio of 0.63.

Institutional Investors Weigh In On Alliance Entertainment

Several institutional investors have recently modified their holdings of AENT. North Star Investment Management Corp. boosted its holdings in shares of Alliance Entertainment by 102.4% in the 1st quarter. North Star Investment Management Corp. now owns 168,000 shares of the company’s stock worth $1,100,000 after purchasing an additional 85,000 shares during the period. Citadel Advisors LLC purchased a new stake in Alliance Entertainment during the 2nd quarter valued at $101,000. Empowered Funds LLC raised its holdings in Alliance Entertainment by 9.8% during the 1st 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 period. Kathmere Capital Management LLC bought a new stake in Alliance Entertainment in the first quarter worth $68,000. Finally, Apollon Wealth Management LLC lifted its position in Alliance Entertainment by 15.6% in 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 during the last quarter. 0.27% of the stock is owned by institutional investors.

About Alliance Entertainment

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.