HC Wainwright Has Pessimistic Outlook of SLE Q4 Earnings

Super League Enterprise, Inc. (NASDAQ:SLE) – Stock analysts at HC Wainwright lowered their Q4 2024 earnings estimates for Super League Enterprise in a report issued on Wednesday, November 20th. HC Wainwright analyst S. Buck now anticipates that the company will post earnings per share of ($0.25) for the quarter, down from their prior forecast of ($0.05). HC Wainwright currently has a “Buy” rating and a $2.00 target price on the stock. The consensus estimate for Super League Enterprise’s current full-year earnings is ($1.30) per share. HC Wainwright also issued estimates for Super League Enterprise’s FY2025 earnings at ($1.15) EPS.

Separately, Maxim Group lowered their price objective on Super League Enterprise from $4.00 to $3.00 and set a “buy” rating for the company in a research note on Monday, October 14th.

Super League Enterprise Stock Performance

Shares of NASDAQ SLE opened at $0.61 on Monday. The stock has a market cap of $7.90 million, a price-to-earnings ratio of -0.11 and a beta of 1.87. Super League Enterprise has a fifty-two week low of $0.50 and a fifty-two week high of $2.84. The firm’s 50-day simple moving average is $0.84 and its 200 day simple moving average is $1.03.

Institutional Trading of Super League Enterprise

A hedge fund recently bought a new stake in Super League Enterprise stock. Murchinson Ltd. bought a new stake in Super League Enterprise, Inc. (NASDAQ:SLE) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 250,000 shares of the company’s stock, valued at approximately $538,000. Murchinson Ltd. owned approximately 3.84% of Super League Enterprise as of its most recent SEC filing. Institutional investors own 2.06% of the company’s stock.

About Super League Enterprise

Super League Enterprise, Inc creates and publishes content and media solutions across immersive platforms in the United States and internationally. The company offers access to audiences who gather in immersive digital spaces to socialize, play, explore, collaborate, shop, learn, and create. It also provides a range of development, distribution, monetization, and optimization capabilities designed to engage users through dynamic and energized programs.