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 twelve months. 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 1 year price targets for Alliance Entertainment's shares. Their AENT share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 494.1% 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 2023?

Alliance Entertainment's stock was trading at $3.30 at the beginning of the year. Since then, AENT stock has decreased by 69.4% and is now trading at $1.01. View the best growth stocks for 2023 here .

How were Alliance Entertainment's earnings last quarter?

Alliance Entertainment Holding Co. (NASDAQ:AENT) issued its quarterly earnings results on Thursday, November, 9th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $226.76 million for the quarter.

When did Alliance Entertainment IPO?

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

Who are Alliance Entertainment's major shareholders?

Alliance Entertainment's stock is owned by a number of retail and institutional investors. Top institutional investors include Warberg Asset Management LLC (0.04%) and Sheets Smith Wealth Management (0.05%). View institutional ownership trends .

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 WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Positive News SentimentPositive News

Alliance Entertainment Stock Price, News & Analysis (NASDAQ:AENT)

$1.01

+0.02 (+2.02%)

(As of 08:31 AM ET)

Compare

Today's Range: $1.01
▼
$1.01
50-Day Range: $0.95
▼
$1.36
52-Week Range: $0.74
▼
$12.24

Volume: 100 shs
Average Volume: 21,852 shs
Market Capitalization: $112.08 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: 494.1% Upside
$6.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.58
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Consumer Discretionary Sector

207th out of 274 stocks

Durable Goods, Not Elsewhere Classified Industry

2nd out of 2 stocks

3.5

Analyst's Opinion

Consensus Rating
Alliance Entertainment has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $6.00, Alliance Entertainment has a forecasted upside of 494.1% from its current price of $1.01.
Amount of Analyst Coverage
Alliance Entertainment has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for AENT.

0.0

Dividend Strength

Dividend Yield
Alliance Entertainment does not currently pay a dividend.
Dividend Growth
Alliance Entertainment does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for AENT.

3.1

News and Social Media Coverage

News Sentiment
Alliance Entertainment has a news sentiment score of 1.58. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Alliance Entertainment this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for AENT on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Alliance Entertainment insiders have not sold or bought any company stock.
Percentage Held by Insiders
19.70% of the stock of Alliance Entertainment is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 0.06% of the stock of Alliance Entertainment is held by institutions.

0.6

Earnings and Valuation

Price to Book Value per Share Ratio
Alliance Entertainment has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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

30 days | 90 days | 365 days | Advanced Chart

AENT Stock News Headlines

December 5, 2023 | finance.yahoo.com

Alliance Entertainment Announces Partnership with High-end Collectible Sales Channel Grail Game

November 30, 2023 | finance.yahoo.com

Alliance Entertainment’s AMPED Distribution to Empower Vydia’s Expansion into Physical Distribution

December 5, 2023 | Edge On The Street (Ad)

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November 28, 2023 | finance.yahoo.com

Alliance Entertainment Announces Launch of New Publishing Venture – Alliance Entertainment Publications

November 15, 2023 | finance.yahoo.com

Alliance Entertainment’s Mill Creek Entertainment, Pinnacle Peak Pictures, and Tread Lively Announce Impressive Pre-Sales for THE BLIND Home Entertainment Release

October 19, 2023 | finance.yahoo.com

Alliance Entertainment Reports Fourth Quarter and Fiscal Year 2023 Financial Results

October 13, 2023 | finance.yahoo.com

Creators Agency Announced as the Official Talent Agency for #FinCon23

October 12, 2023 | finance.yahoo.com

Alliance Entertainment to Present at The ThinkEquity Conference on October 19, 2023

December 5, 2023 | Edge On The Street (Ad)

The Battery Metal Nobody Told You About

October 10, 2023 | baystreet.ca

Alliance Stays Put Tuesday

October 4, 2023 | tmcnet.com

Renaissance Acquires Business of Agency Partners Inc. (API) to Deliver Alabama, Georgia Agencies Valued Resources

October 4, 2023 | msn.com

Graham Linehan ‘dropped by agent’ after online attack against Doctor Who star David Tennant

October 3, 2023 | msn.com

Why Oliver Anthony’s Signing with a Booking Agent Is Not Selling Out

October 2, 2023 | news.yahoo.com

Graham Linehan claims he was ‘dropped by his agent’ after attacking David Tennant

September 27, 2023 | finance.yahoo.com

Alliance Entertainment Exhibiting at ‘Toy Fair’ in New York City September 30 - October 3

September 26, 2023 | forbes.com

Driving ROI For The World's Biggest Brands, 19th & Park Is Creating Opportunities For Diverse Talent Both In Front & Behind The Camera

September 19, 2023 | finance.yahoo.com

Alliance Entertainment to Present at LD Micro Main Event XVI Conference on October 3, 2023

September 12, 2023 | markets.businessinsider.com

Alliance Entertainment’s Distribution Solutions Launches Digital Content Partnership with Future Today

September 12, 2023 | stockhouse.com

Alliance Entertainment's Distribution Solutions Launches Digital Content Partnership with Future Today

September 12, 2023 | finance.yahoo.com

Alliance Entertainment’s Distribution Solutions Launches Digital Content Partnership with Future Today

September 6, 2023 | finance.yahoo.com

Alliance Entertainment’s COKeM Gaming Division to Launch Exclusive Atari® 50th Anniversary Deluxe Arcade Machine for the Home on October 3rd

August 22, 2023 | finance.yahoo.com

Alliance Entertainment Sees Explosive Sales and Future Growth with K-POP

August 14, 2023 | benzinga.com

Alliance Entertainment's Mill Creek Entertainment Hits Home Run With Exclusive Digital and Physical Movie Release of Nefarious

August 14, 2023 | finance.yahoo.com

Alliance Entertainment’s Mill Creek Entertainment Hits Home Run With Exclusive Digital and Physical Movie Release of Nefarious

August 4, 2023 | investing.com

Alliance Entertainment Holding Corp (AENT)

August 3, 2023 | finance.yahoo.com

Alliance Entertainment’s AMPED Distribution Celebrates 20 Award Nominations at the 2023 International Bluegrass Music Awards

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/04/2023
Fiscal Year End: 6/30/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Durable goods, not elsewhere classified
Sub-Industry: N/A
Sector: Consumer Discretionary
Current Symbol: NASDAQ:AENT
CUSIP: N/A
CIK: 1823584
Web: www.aent.com
Phone: 954-255-4000
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: +494.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-35,400,000.00
Net Margins: N/A
Pretax Margin: -3.84%
Return on Equity: -62.92%
Return on Assets: -11.75%

Debt

Debt-to-Equity Ratio: 0.08
Current Ratio: 0.86
Quick Ratio: 0.34

Sales & Book Value

Annual Sales: $1.16 billion
Price / Sales: 0.10
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.62 per share
Price / Book: 0.62

Miscellaneous

Outstanding Shares: 110,970,000
Free Float: 89,106,000
Market Cap: $112.08 million
Optionable: Not Optionable
Beta: 0.03

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Key Executives

Mr. Bruce Ogilvie Jr. (Age 65)
Executive Chairman of the Board
Comp: $804.78k
Mr. Jeffrey Walker (Age 55)
CEO, CFO, Principal Financial & Accounting Officer and Director
Comp: $807.14k
Ben Means
President of Distribution Solutions

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 twelve months. 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 1 year price targets for Alliance Entertainment's shares. Their AENT share price targets range from $6.00 to $6.00. On average, they expect the company's stock price to reach $6.00 in the next year. This suggests a possible upside of 494.1% 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 2023?: Alliance Entertainment's stock was trading at $3.30 at the beginning of the year. Since then, AENT stock has decreased by 69.4% and is now trading at $1.01.
View the best growth stocks for 2023 here.
How were Alliance Entertainment's earnings last quarter?: Alliance Entertainment Holding Co. (NASDAQ:AENT) issued its quarterly earnings results on Thursday, November, 9th. The company reported ($0.07) earnings per share (EPS) for the quarter. The business had revenue of $226.76 million for the quarter.

When did Alliance Entertainment IPO?: (AENT) raised $5 million in an initial public offering on Friday, June 30th 2023. The company issued 1,700,000 shares at a price of $3.00 per share. ThinkEquity acted as the underwriter for the IPO.
Who are Alliance Entertainment's major shareholders?: Alliance Entertainment's stock is owned by a number of retail and institutional investors. Top institutional investors include Warberg Asset Management LLC (0.04%) and Sheets Smith Wealth Management (0.05%).
View institutional ownership trends.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:AENT) was last updated on 12/5/2023 by MarketBeat.com Staff

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Alliance Entertainment Stock Price, News & Analysis (NASDAQ:AENT)

Alliance Entertainment MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

Company Ownership

Earnings and Valuation

About Alliance Entertainment Stock (NASDAQ:AENT)

AENT Stock Price History

AENT Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

AENT Stock Analysis - Frequently Asked Questions

Overall MarketRank^™